5905 N Bay Rd Miami Beach, FL 33140
La Gorce NeighborhoodEstimated payment $53,992/month
Total Views
1,509
0.41
Acre
$19,753,086
Price per Acre
17,642
Sq Ft Lot
Highlights
- Golf Course Community
- North Beach Elementary School Rated A-
- No HOA
About This Lot
Miami Beach’s most desirable location! Rehab or Build New on this double corner lot on prestigious upper North Bay Road. Purchase comes with plans for a new 6,700 SF, 2-story residence. The home will feature 6 bedrooms, 6.5 baths, including a grand primary suite upstairs, expansive Great Room with soaring 13’ ceilings, lush gardens, terraces, pool & multiple entertainment areas. The plans for the new home combine classic & modern architectural features. The existing original 1936 home was designed by Russell Pancoast with 5,700 sf of living area and can also be renovated. This property offers the buyer options to renovate or start building new immediately.
Property Details
Property Type
- Land
Est. Annual Taxes
- $112,093
Year Built
- 1936
Lot Details
- 0.41 Acre Lot
- Northwest Facing Home
- Property is zoned 0100
Listing and Financial Details
- Assessor Parcel Number 02-32-15-003-0650
Community Details
Overview
- No Home Owners Association
- La Gorce Golf Sub Condos
- La Gorce Golf Sub Subdivision
Recreation
- Golf Course Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $17,190 | $5,965,148 | $4,936,750 | $1,028,398 |
| 2023 | $17,190 | $950,822 | $0 | $0 |
| 2022 | $16,570 | $923,129 | $0 | $0 |
| 2021 | $16,515 | $896,242 | $0 | $0 |
| 2020 | $16,322 | $883,868 | $0 | $0 |
| 2019 | $15,953 | $863,997 | $0 | $0 |
| 2018 | $0 | $847,888 | $0 | $0 |
| 2017 | $15,037 | $830,449 | $0 | $0 |
| 2016 | $15,011 | $813,369 | $0 | $0 |
| 2015 | $15,067 | $807,715 | $0 | $0 |
| 2014 | $15,067 | $801,305 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/10/2025 02/10/25 | For Sale | $8,000,000 | 0.0% | $1,195 / Sq Ft |
| 02/10/2025 02/10/25 | For Sale | $8,000,000 | -- | -- |
Source: MIAMI REALTORS® MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $7,200,000 | Union Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,600,000 | New Conventional | |
| Previous Owner | $100,000 | Unknown | |
| Previous Owner | $440,150 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $320,000 | Unknown | |
| Previous Owner | $850,000 | New Conventional |
Source: Public Records
Similar Properties in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11738488
APN: 02-3215-003-0650
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