$5,000,000

Estimated payment $31,262/month

Total Views 10,761
4 Beds
4.5 Baths
4,256 Sq Ft
$1,175 Price per Sq Ft

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Main Floor Bedroom
  • North Beach Elementary School Rated A-
  • Marble Flooring
  • Garden View

About This Home

5625 North bay Rd. is situated in one of Miami Beach’s most coveted neighborhoods, this 2008-built modern residence offers the rare advantage of newer construction with the flexibility to customize to your vision. Featuring high ceilings, spacious open living areas, a gourmet kitchen, and luxurious en-suite bedrooms, the home provides an ideal foundation for refinement or transformation. Enjoy the privacy of lush tropical landscaping, an oversized pool, and generous outdoor entertaining space. Whether you're looking to enhance the existing layout or create a custom dream estate, this property delivers unparalleled potential, location, and value. (One of the lowest price per ft. options for a newer construction home on North Bay Rd.)

Listing Agent

William McClain

Waterfront Investment Real Estate 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

  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,818

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Modern/Contemporary
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: LA GORCE GOLF SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Volume Ceilings, Walk-In Closet(s), Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Living Area: 4256
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Built-Up
  • View: Garden
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: LA GORCE GOLF SUB
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-15-003-1320
  • Lot Size Sq Ft: 7500
  • Zoning: 0100

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 42818

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 -- --
Source: MIAMI REALTORS® MLS

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 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 New Conventional
Closed $1,200,000 Commercial
Closed $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: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11836669

MIAMI REALTORS® MLS

APN: 02-3215-003-1320