Seller's Agent in 2026
William McClain
The McClain Group Inc
(786) 234-3673
1 in this area
22 Total Sales
5625 N Bay Rd Miami Beach, FL 33140
La Gorce Neighborhood
4
Beds
4.5
Baths
4,256
Sq Ft
7,500
Sq Ft Lot
Highlights
- In Ground Pool
- Contemporary Architecture
- Main Floor Primary Bedroom
- North Beach Elementary School Rated A-
- Marble Flooring
- Garden View
About This Home
As of June 2026NORTH 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.
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
- Garage Door Opener
- Driveway
Home Design
- Contemporary Architecture
- Entry on the 1st floor
- Built-Up Roof
Interior Spaces
- 4,256 Sq Ft Home
- 2-Story Property
- High Ceiling
- Combination Dining and Living Room
- Garden Views
- Dryer
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dual Sinks
- Separate Shower in Primary Bathroom
- Soaking Tub
Outdoor Features
- In Ground Pool
- Balcony
- Open Patio
- Outdoor Living Area
Schools
- North Beach Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
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 0232150031320
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 10, 2025
Closed on
Jun 8, 2026
Sold by
Bought by
Buyer's Agent
Zarko Draskovic
London Foster Realty
List Price
$5,000,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,100,000
-22%
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.93%
Purchase Details
Closed on
Jul 18, 2018
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
0.045%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 1, 2011
Sold by
Bought by
Purchase Details
Closed on
Apr 8, 2010
Sold by
Bought by
Purchase Details
Closed on
Dec 7, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,084,600
Interest Rate
0.0837%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 23, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
0.0581%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jun 26, 2000
Sold by
Bought by
Purchase Details
Closed on
May 1, 1995
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,900,000 | None Listed On Document | |
| 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 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | New Conventional | |
| Previous Owner | $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 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/09/2026 06/09/26 | Sold | $3,900,000 | 0.0% | $916 / Sq Ft | |
| 06/09/2026 06/09/26 | Sold | $3,900,000 | -13.3% | $916 / Sq Ft | View Prior Sale |
| 06/09/2026 06/09/26 | Pending | -- | -- | -- | |
| 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 | |
| 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 | +25.0% | -- | |
| 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 | -- | -- |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $45,064 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
William McClain
-
Zarko Draskovic
Z
Buyer's Agent in 2026
Zarko Draskovic
London Foster Realty
(305) 781-0612
2 in this area
23 Total Sales
-
C
Seller's Agent in 2022
Christina Garnham
MMLS Assoc.-Inactive Member
-
Stephanie Forbes Mermell
S
Buyer's Agent in 2022
Stephanie Forbes Mermell
One World Properties
(248) 701-1700
5 Total Sales
-
Elissa Lithman
Buyer's Agent in 2021
Elissa Lithman
Coldwell Banker Realty
(786) 319-7663
35 Total Sales
-
Florian Jouin
Seller's Agent in 2019
Florian Jouin
One Sotheby's International Realty
(954) 881-3591
20 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11836669
APN: 02-3215-003-1320
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All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. 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.
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