5725 N Bay Rd Miami Beach, FL 33140
La Gorce NeighborhoodEstimated Value: $4,029,606 - $4,426,000
4
Beds
4.5
Baths
3,167
Sq Ft
$1,340/Sq Ft
Est. Value
Highlights
- Sitting Area In Primary Bedroom
- Deck
- Garden View
- North Beach Elementary School Rated A-
- Wood Flooring
- Great Room
About This Home
As of March 2022Life demands color and pattern, and bold design that speaks to the fiery energy in your heart. Welcome home to space, seclusion, and soul-capturing maximalist style. From the unassuming frontage draped in lush foliage, you step indoors to masterful layers of color, where textural contrasts mix with colorful artwork and dressed-up walls play against table décor and bold patterned rugs. Here you see remodeled rooms that retain historical charm along with high-quality vintage pieces that elevate the design. Outdoors, step into your backyard tropical retreat, complete with sprawling teak deck and outdoor rainfall shower. Towering palms give attractive shade and privacy, connecting you to nature’s very own maximalist design. A feel of South Hamptons on prestigious North Bay Road.
Last Agent to Sell the Property
Compass Florida, LLC License #0701033 Listed on: 10/01/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,304
Year Built
- Built in 1935
Lot Details
- 8,550 Sq Ft Lot
- East Facing Home
- Fenced
- Property is zoned 0100
Parking
- 2 Car Garage
- Driveway
- Open Parking
Home Design
- Substantially Remodeled
- Concrete Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,167 Sq Ft Home
- 2-Story Property
- Great Room
- Family Room
- Formal Dining Room
- Garden Views
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Dishwasher
- Cooking Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Sitting Area In Primary Bedroom
- Primary Bedroom Upstairs
Laundry
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
Schools
- North Beach Elementary School
- Nautilus Middle School
- Miami Beach High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- No Home Owners Association
- La Gorce Golf Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-15-003-1100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 15, 2024
Sold by
5725 Nbay Llc
Bought by
Miami Bay Road Llc
Total Days on Market
173
Current Estimated Value
Purchase Details
Listed on
Oct 1, 2021
Closed on
Mar 22, 2022
Sold by
Sig Beach Cottage Llc
Bought by
5725 Nbay Llc
Seller's Agent
Luciana Barreto, P.A.
Compass Florida, LLC
Buyer's Agent
Evan Weiss
305 Degrees Realty, LLC
List Price
$3,200,000
Sold Price
$2,750,000
Premium/Discount to List
-$450,000
-14.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%
Original Mortgage
$3,000,000
Interest Rate
3.39%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 22, 2019
Sold by
Harris Gail L
Bought by
Sig Beach Cottage Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
4.6%
Mortgage Type
Commercial
Similar Homes in Miami Beach, FL
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Miami Bay Road Llc | $4,300,000 | None Listed On Document | |
| 5725 Nbay Llc | $2,750,000 | Portz Elenice | |
| Sig Beach Cottage Llc | $1,300,000 | Focus Title Group Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 5725 Nbay Llc | $3,990,000 | |
| Previous Owner | 5725 Nbay Llc | $3,000,000 | |
| Previous Owner | Sig Beach Cottage Llc | $650,000 | |
| Previous Owner | Harris Gail | $500,000 | |
| Previous Owner | Harris Edward F | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/24/2022 03/24/22 | Sold | $2,750,000 | -14.1% | $868 / Sq Ft |
| 10/01/2021 10/01/21 | For Sale | $3,200,000 | -- | $1,010 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $51,853 | $2,527,770 | $2,394,000 | $133,770 |
| 2023 | $51,853 | $2,337,500 | $2,317,284 | $20,216 |
| 2022 | $26,490 | $1,298,660 | $0 | $0 |
| 2021 | $22,795 | $1,180,600 | $940,500 | $240,100 |
| 2020 | $21,304 | $1,100,438 | $940,500 | $159,938 |
| 2019 | $7,238 | $414,284 | $0 | $0 |
| 2018 | $6,873 | $406,560 | $0 | $0 |
| 2017 | $6,806 | $398,198 | $0 | $0 |
| 2016 | $6,787 | $390,008 | $0 | $0 |
| 2015 | $6,873 | $387,297 | $0 | $0 |
| 2014 | $6,990 | $384,224 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Luciana Barreto, P.A.
Seller's Agent in 2022
Luciana Barreto, P.A.
Compass Florida, LLC
(305) 322-6268
1 in this area
53 Total Sales
-
Evan Weiss
E
Buyer's Agent in 2022
Evan Weiss
305 Degrees Realty, LLC
(914) 424-5859
4 in this area
10 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11084888
APN: 02-3215-003-1100
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