5625 N Bay Rd Miami Beach, FL 33140
La Gorce NeighborhoodEstimated payment $28,283/month
Highlights
- In Ground Pool
- Vaulted Ceiling
- Main Floor Bedroom
- North Beach Elementary School Rated A-
- Marble Flooring
- Garden View
About This Home
NORTH BAY ROAD | DESIGNER-READY MODERN ESTATE Exceptional value for a modern 2008-built residence on one of Miami Beach’s most prestigious corridors. This home offers a rare opportunity to acquire a high-volume architectural blank canvas, ideal for cosmetic upgrades and design enhancements to achieve a top-tier valuation. The interior is defined by high ceilings and expansive open-concept living spaces. Several key infrastructure components have already been addressed, including a newer roof (2022), elevated base construction, and full impact-rated windows throughout allowing capital improvements to focus on design rather than structural systems. The residence is primed for cosmetic updates including flooring, kitchen and bath finishes, and exterior landscaping- offering a clear path to repositioning within the upper tier of North Bay Road valuations. The oversized pool and generous grounds provide the ideal foundation for high-impact outdoor enhancements, as reflected in the virtually showcased design concepts. For buyers evaluating replacement cost, land value, and long-term corridor appreciation, this represents one of the most compelling value-add opportunities currently available on North Bay Road- suitable for strategic renovation, portfolio hold, or luxury resale positioning.
Listing Agent
Brokerage Email: williambmcclain@gmail.com License #3210998 Listed on: 07/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $42,818
Year Built
- Built in 2008
Lot Details
- 7,500 Sq Ft Lot
- West Facing Home
- Property is zoned 0100
Parking
- 1 Car Garage
- Automatic Garage Door Opener
- Driveway
- Open Parking
Home Design
- Modern Architecture
- Built-Up Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 4,256 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Combination Dining and Living Room
- Garden Views
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Main Floor Bedroom
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry in Utility Room
- Dryer
Home Security
- High Impact Windows
- High Impact Door
Outdoor Features
- In Ground Pool
- Balcony
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
- No Home Owners Association
- La Gorce Golf Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-15-003-1320
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $42,819 | $2,122,018 | -- | -- |
| 2024 | $42,551 | $1,929,108 | -- | -- |
| 2023 | $42,551 | $1,753,735 | $0 | $0 |
| 2022 | $32,420 | $1,594,305 | $0 | $0 |
| 2021 | $27,985 | $1,449,369 | $825,000 | $624,369 |
| 2020 | $28,197 | $1,456,463 | $825,000 | $631,463 |
| 2019 | $28,362 | $1,463,558 | $825,000 | $638,558 |
| 2018 | $25,545 | $1,358,454 | $712,800 | $645,654 |
| 2017 | $31,737 | $1,645,620 | $0 | $0 |
| 2016 | $30,625 | $1,496,019 | $0 | $0 |
| 2015 | $26,945 | $1,360,018 | $0 | $0 |
| 2014 | $26,062 | $1,273,367 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2025 10/15/25 | Price Changed | $4,750,000 | -5.0% | $1,116 / Sq Ft |
| 07/10/2025 07/10/25 | For Sale | $5,000,000 | 0.0% | $1,175 / Sq Ft |
| 09/20/2022 09/20/22 | Rented | $17,000 | -2.9% | -- |
| 09/07/2022 09/07/22 | Price Changed | $17,500 | -7.9% | $4 / Sq Ft |
| 08/22/2022 08/22/22 | Price Changed | $19,000 | -13.6% | $4 / Sq Ft |
| 08/06/2022 08/06/22 | Price Changed | $22,000 | -12.0% | $5 / Sq Ft |
| 07/09/2022 07/09/22 | For Rent | $25,000 | +31.6% | -- |
| 09/04/2021 09/04/21 | Rented | $19,000 | -5.0% | -- |
| 08/27/2021 08/27/21 | Price Changed | $20,000 | -11.1% | $5 / Sq Ft |
| 07/02/2021 07/02/21 | For Rent | $22,500 | +12.5% | -- |
| 03/01/2021 03/01/21 | Rented | $20,000 | 0.0% | -- |
| 02/03/2021 02/03/21 | For Rent | $20,000 | +81.8% | -- |
| 10/28/2019 10/28/19 | Rented | $11,000 | -15.4% | -- |
| 10/22/2019 10/22/19 | Under Contract | -- | -- | -- |
| 10/18/2019 10/18/19 | For Rent | $13,000 | +30.1% | -- |
| 10/31/2017 10/31/17 | Rented | $9,995 | 0.0% | -- |
| 07/11/2017 07/11/17 | For Rent | $9,995 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $1,340,000 | Enterprise Title Inc | |
| Warranty Deed | $1,100,000 | Title Matters Llc | |
| Warranty Deed | $660,000 | U S Fidelity Title Company | |
| Warranty Deed | $545,000 | -- | |
| Warranty Deed | $400,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,200,000 | Commercial | |
| Previous Owner | $2,084,600 | Purchase Money Mortgage | |
| Previous Owner | $540,000 | Stand Alone First | |
| Previous Owner | $604,000 | New Conventional | |
| Previous Owner | $75,500 | New Conventional | |
| Previous Owner | $320,000 | No Value Available |
Source: MIAMI REALTORS® MLS
MLS Number: A11836669
APN: 02-3215-003-1320
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