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5840 N Bay Road, Miami Beach, FL 33140

$39,500,000
Property Type: Land & Docks Lot Size (sq. ft.): 27,702 Status: Active
Current Price: $39,500,000 List Date: 10/31/2025 Last Modified: 6/08/2026

Description

One of the very few remaining grand waterfront offerings on North Bay Road, this exceptional property presents a rare opportunity to create an iconic Miami Beach estate. Set on a massive 27,700 SF lot with 150 feet of prime bay frontage, the property showcases unobstructed, sweeping views of the downtown Miami skyline — an extraordinary backdrop for a masterpiece residence.Ideally positioned in one of Miami Beach’s most coveted enclaves, the property offers the privacy, scale, and exclusivity sought by discerning buyers. With its tremendous footprint and premier address, the site provides an exceptional opportunity to create an iconic waterfront residence that balances privacy, scale, and timeless Miami luxury living.

More Information MLS# A11906157

Contract Information

Comp Sale YN: No LP/Acre: 62106918.24 Listing Date: 2025-10-31 Status: Active Original List Price: 39500000 List Price: $39,500,000 Current Price: $39,500,000

Location and Legal

County Or Parish: Miami-Dade County Parish Name: Miami-Dade City Name: Miami Beach Municipal Code: 2 Postal Zip: 33140 Subdivision Number: 3 Flood Zone: AE Country: United States Street Number: 5840 Street Direction Prefix: N Street Name: Bay Street Suffix: Road State Or Province: FL Postal Code: 33140 Postal Code +4: 2043 Subdivision Name: LA GORCE GOLF SUB Area: 2320 Elementary School: North Beach Middle Or Junior School: Miami Beach Nautilus High School: Miami Beach Parcel Number: 0232150030240 Zoning: 2100

General Property Information

Number Of Lots: 1 Lot Size Dimensions: 27702 Water Frontage Feet: 150 LP/SqFt: 1425.89 Property Sub Type: Unimproved Land Lot Size Acres: 0.64 Lot Size Square Feet: 27702 Waterfront YN: 1 Direction Faces: West

Office/Member Information

DXORIGMLSID: SEF

Current Use

Check Land Use Plan: 1 Residential: 1 Single Family: 1

Development Status

Raw Land: 1

Other Structures

None: 1

Possession

Negotiable: 1

Trees

Other: 1

Water Access

Ocean Access: 1 Other: 1

Listing Terms

Cash: 1

Lot Features

Other: 1

Waterfront Features

Bayfront: 1 Seawall: 1 No Fixed Bridges: 1

Showing Requirements

Call Listing Agent: 1

Price Calculations

Current Price To SqFt: 1425.77

Section Details

Parcel Number MLX: 0240

Financial Information

Tax Year: 2024 Tax Annual Amount: 246967 Tax Legal Description: LA GORCE GOLF SUB PB 14-43 LOTS 28 & 29 BLK 1-A LOT SIZE 27702 SQ FT M/L

Status Change Information

Major Change Timestamp: 2026-05-26T14:06:41Z Major Change Type: Back on Market Status Change Date: 2026-05-26

Originating Details

Originating System Key: 422597080 Originating System ID: M00000151

Property Features

Current Use: Check Land Use Plan; Residential; Single Family Development Status: Raw Land Other Structures: None Possession: Negotiable Trees: Other Listing Terms: Cash Lot Features: Other Water Access: Ocean Access; Other Waterfront Features: Bayfront; Seawall; No Fixed Bridges Showing Requirements: Call Listing Agent
Listing Office: Douglas Elliman
Last Updated: June - 08 - 2026
5840 N Bay Road, Miami Beach, FL 33140- MLS# A11906157
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