Seller's Agent in 2025
Cyril Matz
Douglas Elliman
(305) 926-2600
2 in this area
29 Total Sales
5840 N Bay Rd Miami Beach, FL 33140
La Gorce Neighborhood
0.62
Acre
$36,854,839
Price per Acre
27,007
Sq Ft Lot
Highlights
- Private Dock
- Property Fronts a Bay or Harbor
- No HOA
- North Beach Elementary School Rated A-
- 0.62 Acre Lot
- Unrestricted saltwater access
About This Lot
As of April 2025Set on one of the last large waterfront parcels in Miami Beach’s prestigious North Bay estate section, 5840 N Bay
Road presents a rare and remarkable opportunity to craft a legacy residence in an exclusive enclave. With 150’ of
unobstructed bayfront views, direct sightlines to the Miami skyline, and a readiness for a multi-structure estate of
up to 13,587 SF+/-, this land offers an extraordinary canvas for luxury living. Envisioned for the most discerning
buyer, this property combines the elegance of North Bay Road with modern Miami vibrancy—ready to become a
private, luxurious escape that captures the true spirit of Miami Beach.
Last Agent to Sell the Property
Bespoke Real Estate Florida LLC License #3610475 Listed on: 11/08/2024
Property Details
Property Type
- Land
Est. Annual Taxes
- $246,967
Lot Details
- 0.62 Acre Lot
- 150 Ft Wide Lot
- Property Fronts a Bay or Harbor
- West Facing Home
- Cleared Lot
- Property is zoned 2100
Property Views
- Bay Views
Listing and Financial Details
- Assessor Parcel Number 02-32-15-003-0240
Community Details
Overview
- No Home Owners Association
- La Gorce Golf Sub Condos
- La Gorce Golf Sub Subdivision
Recreation
- Unrestricted saltwater access
- Seawall
- Private Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2024
Closed on
Apr 18, 2025
Sold by
Trust No 5840Nbr and Land Trust Service Corporation
Bought by
Emanon 5851 Llc
Seller's Agent
Zachary Vichinsky
Bespoke Real Estate Florida LLC
Buyer's Agent
Cyril Matz
Douglas Elliman
List Price
$28,800,000
Sold Price
$22,850,000
Premium/Discount to List
-$5,950,000
-20.66%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-72.43%
Purchase Details
Closed on
Nov 29, 2024
Sold by
Trust Number 5840Nbr and Land Trust Services Corp
Bought by
Salter Corey
Purchase Details
Listed on
Nov 9, 2020
Closed on
Dec 18, 2020
Sold by
5830 Nbr Llc
Bought by
Trust 5840Nbr
Seller's Agent
Julian Cohen
Douglas Elliman
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$17,900,000
Sold Price
$16,504,000
Premium/Discount to List
-$1,396,000
-7.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.83%
Purchase Details
Closed on
Jun 4, 2020
Sold by
5830 Nbr Llc
Bought by
Sredni Erwin
Purchase Details
Listed on
Aug 18, 2017
Closed on
Sep 4, 2018
Sold by
Northern America Development Llc
Bought by
Nbr 5840 Lp
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Kevin Flaherty
The Corcoran Group
List Price
$15,250,000
Sold Price
$13,850,000
Premium/Discount to List
-$1,400,000
-9.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.34%
Original Mortgage
$9,775,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 27, 2016
Sold by
Barish Family Investments Llc
Bought by
Ea Development And Sales Llc
Purchase Details
Listed on
Mar 27, 2014
Closed on
Nov 17, 2014
Sold by
Segel Nathan and Segel Esme M
Bought by
Barish Family Investments Llc
Seller's Agent
Cyril Matz
Douglas Elliman
Buyer's Agent
David Solomon
BHHS EWM Realty
List Price
$15,900,000
Sold Price
$15,250,000
Premium/Discount to List
-$650,000
-4.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.39%
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $22,850,000 | None Listed On Document | |
| Special Warranty Deed | $22,850,000 | None Listed On Document | |
| Contract Of Sale | $17,550,000 | None Listed On Document | |
| Special Warranty Deed | $16,504,000 | Attorney | |
| Special Warranty Deed | $3,273,200 | Attorney | |
| Special Warranty Deed | $13,850,000 | Attorney | |
| Special Warranty Deed | -- | Attorney | |
| Warranty Deed | $15,250,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $9,775,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/31/2025 10/31/25 | For Sale | $39,500,000 | +72.9% | -- | |
| 04/21/2025 04/21/25 | Sold | $22,850,000 | -20.7% | $3,901 / Sq Ft | |
| 01/17/2025 01/17/25 | Pending | -- | -- | -- | |
| 11/08/2024 11/08/24 | For Sale | $28,800,000 | +74.5% | $4,916 / Sq Ft | |
| 12/18/2020 12/18/20 | Sold | $16,504,000 | -7.8% | $2,817 / Sq Ft | View Prior Sale |
| 11/03/2020 11/03/20 | For Sale | $17,900,000 | +32.6% | $3,056 / Sq Ft | |
| 09/27/2019 09/27/19 | Sold | $13,500,000 | -9.4% | $2,305 / Sq Ft | View Prior Sale |
| 09/18/2019 09/18/19 | Pending | -- | -- | -- | |
| 08/12/2019 08/12/19 | Price Changed | $14,900,000 | +88.6% | $2,544 / Sq Ft | |
| 07/10/2019 07/10/19 | Price Changed | $7,900,000 | -11.2% | $1,349 / Sq Ft | |
| 05/24/2019 05/24/19 | For Sale | $8,900,000 | -35.7% | $1,519 / Sq Ft | |
| 09/06/2018 09/06/18 | Sold | $13,850,000 | -9.2% | $2,364 / Sq Ft | View Prior Sale |
| 02/21/2018 02/21/18 | Pending | -- | -- | -- | |
| 08/16/2017 08/16/17 | For Sale | $15,250,000 | 0.0% | $2,603 / Sq Ft | |
| 11/17/2014 11/17/14 | Sold | $15,250,000 | -4.1% | $2,453 / Sq Ft | View Prior Sale |
| 08/19/2014 08/19/14 | Pending | -- | -- | -- | |
| 03/27/2014 03/27/14 | For Sale | $15,900,000 | -- | $2,557 / 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 |
|---|---|---|---|---|
| 2025 | $246,967 | $12,347,603 | -- | -- |
| 2024 | $236,233 | $11,225,094 | -- | -- |
| 2023 | $236,233 | $10,204,631 | $0 | $0 |
| 2022 | $196,457 | $9,276,938 | $0 | $0 |
| 2021 | $162,836 | $8,433,580 | $8,426,948 | $6,632 |
| 2020 | $105,025 | $5,424,964 | $5,421,600 | $3,364 |
| 2019 | $105,129 | $5,425,011 | $5,421,600 | $3,411 |
| 2018 | $176,609 | $9,391,995 | $9,385,076 | $6,919 |
| 2017 | $223,537 | $11,738,549 | $0 | $0 |
| 2016 | $301,319 | $14,753,866 | $0 | $0 |
| 2015 | $272,024 | $13,730,044 | $0 | $0 |
| 2014 | $45,638 | $2,286,431 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cyril Matz
-
Zachary Vichinsky
Seller's Agent in 2025
Zachary Vichinsky
Bespoke Real Estate Florida LLC
(212) 495-9030
2 in this area
5 Total Sales
-
Jill Hertzberg
Seller Co-Listing Agent in 2025
Jill Hertzberg
Coldwell Banker Realty
(305) 788-5455
22 in this area
175 Total Sales
-
Julian Cohen
J
Seller's Agent in 2020
Julian Cohen
Douglas Elliman
(305) 775-3953
2 in this area
42 Total Sales
-
Marlon Cohen
Seller Co-Listing Agent in 2020
Marlon Cohen
Douglas Elliman
(866) 958-9992
2 in this area
13 Total Sales
-
O
Buyer's Agent in 2020
Oren Alexander
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11690449
APN: 02-3215-003-0240
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