How much is 5625 N Bay Road?

5625 N Bay Road is listed at $4,500,000, which is about $1,057 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 5625 N Bay Road?

The listing reports annual property taxes of $42,818 for 2024. 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 5625 N Bay Road built?

5625 N Bay Road was built in 2008 and the listing describes its condition as . 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 5625 N Bay Road been on the market?

5625 N Bay Road has been listed for 334 days, and the asking price has been reduced from $5,000,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 5625 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 5625 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.

5625 N Bay Road, Miami Beach, FL 33140

$4,500,000 · Closed

4 beds
5 baths
4,256 sq ft
Single Family Residence
Built 2008
Lot 7,405.2 sq ft
MLS# A11836669
La Gorce Golf Sub

About this home

NORTH BAY ROAD | DESIGNER-READY RENOVATION OPPORTUNITYExceptional value for a modern residence extensively rebuilt and expanded in 2008 with permits, offering the scale, layout, and systems consistent with newer construction. Located on one of Miami Beach’s most prestigious corridors, this high-volume home features open-concept living, 10ft ceilings, and strong underlying infrastructure.The property is being offered as a renovation opportunity and will require updates to flooring, kitchen, bathrooms, and overall finishes, allowing a new owner to design and customize to their taste while leveraging the existing structural improvements. Key improvements include a newer roof (2022), elevated base construction, impact windows throughout, and updated core systems — allowing future enhancements to focus primarily on design and finishes rather than major structural work.Oversized pool and generous grounds provide excellent potential for outdoor living and entertaining. Ideal for end-users, developers, or investors seeking a strategic value-add opportunity with a clear path to repositioning within the upper tier of North Bay Road valuations.

Features

High Ceilings
Walk-In Closet(s)
Balcony
In Ground

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The McClain Group Inc · Listing agent: William B McClain

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5625 N Bay Road.

Questions About 5625 N Bay Road

How much is 5625 N Bay Road?: 5625 N Bay Road is listed at $4,500,000, which is about $1,057 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 5625 N Bay Road?: The listing reports annual property taxes of $42,818 for 2024. 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 5625 N Bay Road built?: 5625 N Bay Road was built in 2008 and the listing describes its condition as . 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 5625 N Bay Road been on the market?: 5625 N Bay Road has been listed for 334 days, and the asking price has been reduced from $5,000,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 5625 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 5625 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.

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The 6 bedroom home at 5309 Alton Road, Miami Beach, FL 33140 is comparable and listed for sale at $4,695,000. Another comparable home, 5055 N Bay Road, Miami Beach, FL 33140, sold for $4,325,000 in May 2026. Other Miami Beach neighborhoods include South of Fifth and Flamingo Park. Nearby ZIP codes include 33109 and 33139. This property also neighbors Bal Harbour, Miami, and Brickell. Compare it with the Miami Beach housing market report.