5625 N Bay Rd Miami Beach, FL 33140
La Gorce NeighborhoodEstimated payment $27,426/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 RENOVATION OPPORTUNITY Exceptional 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.
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 |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | Price Changed | $4,500,000 | -5.3% | $1,057 / 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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