How much is 5240 N Bay Road?

5240 N Bay Road is listed at $25,000,000, which is about $3,898 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the property taxes on 5240 N Bay Road?

The listing reports annual property taxes of $93,733 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 5240 N Bay Road built?

5240 N Bay Road was built in 1958 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 5240 N Bay Road been on the market?

5240 N Bay Road has been listed for 2 days. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 5240 N Bay Road?

The MLS lists North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 5240 N Bay Road?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

5240 N Bay Road, Miami Beach, FL 33140

$25,000,000 · Active

7 beds
7.5 baths
6,413 sq ft
2 days on market
Single Family Residence
Built 1958
Lot 13,503.6 sq ft
7,513 sq ft total
2 garage spaces
Miami-Dade County
MLS# A12119056
La Gorce Golf Sub

About this home

A Mid-Century Modern architecturally significant waterfront home, this estate pairs expansive floor-to-ceiling glass with light-filled interiors, creating a seamless connection between the home and its spectacular natural surroundings. Located on prestigious North Bay Road, this residence was designed by famed architect Maurice Weintraub and offers sweeping Biscayne Bay views and the spectacular Downtown Miami skyline. Thoughtfully enhanced over the years, the property presents an opportunity for its next owner to further personalize and create a home that reflects their own vision and lifestyle. The two-story residence features seven generously proportioned bedroom suites, including four upstairs, highlighted by a magnificent primary suite with a private bay-facing terrace, and three additional bedroom suites on the first floor. A dramatic entrance, framed by floor-to-ceiling impact glass windows and doors, welcomes an abundance of natural light and leads to a grand two-story living room featuring an elegant sweeping staircase. Additional features include a formal dining room, media room, waterfront eat-in kitchen, elevator, two-car garage, laundry room, full-house generator. Designed to embrace the South Florida waterfront lifestyle, the backyard offers exceptional outdoor entertaining spaces, complete with a summer kitchen, swimming pool and a dock. A rare opportunity to own an architecturally distinctive waterfront residence in one of Miami Beach's most coveted locations.

Features

Bar
Built-in Features
Elevator
Kitchen Island
Built-in Barbecue
Barbecue
Balcony
Heated
In Ground

Schools

Elementary: North Beach
Middle: Miami Beach Nautilus
High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

BHHS EWM Realty · basick.c@ewm.com · Listing agent: Esther I Percal

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5240 N Bay Road.

Before You Make an Offer

How buying a home in South Florida works

Your Buyer May Already Be Working With BreakThru Realty

Buyers come to BreakThru Realty searching for homes like this one, and many have shared their exact requirements with us: the neighborhood, the price, the bedrooms, the pool, the timing. If you own a home nearby and are weighing a sale, a broker can check it against those requirements before you list, and if no buyer on file fits, show you how we would reach the rest of the market.

BreakThru Realty works with hundreds of prequalified buyers searching for properties. Before you list, a broker reviews what you own, the market around it and whether an existing buyer's requirements match. If none does, you see how we would position it to reach other qualified buyers.

Find Out If We Have Your Buyer · Discuss Selling With BreakThru Realty

A potential match is a conversation, not an offer, until the buyer sees your property and makes one. No buyer is named and nothing about your property or business is shared until you decide to proceed.

Questions About 5240 N Bay Road

How much is 5240 N Bay Road?: 5240 N Bay Road is listed at $25,000,000, which is about $3,898 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 5240 N Bay Road?: The listing reports annual property taxes of $93,733 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 5240 N Bay Road built?: 5240 N Bay Road was built in 1958 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 5240 N Bay Road been on the market?: 5240 N Bay Road has been listed for 2 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 5240 N Bay Road?: The MLS lists North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 5240 N Bay Road?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.
To request a tour, call (786) 914-1017 or email sales@breakthrurealty.com.

Explore

Recently Sold Nearby

34 W Dilido Drive, Miami Beach, FL 33139 · Sold $23,500,000 · 5 bd · 6 ba · 5,399 sq ft

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Nearby ZIP Codes

A comparable home, 34 W Dilido Drive, Miami Beach, FL 33139, sold for $23,500,000 in November 2026. Other Miami Beach neighborhoods include Palm Island and Belle Isle. Nearby ZIP codes include 33109 and 33139. This property also neighbors North Bay Village, Surfside, and Bay Harbor Islands. Compare it with the Miami Beach housing market report.