Search for Real Estate Property in South Florida

5840 N Bay Road, Miami Beach, FL 33140

$16,504,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A10954473

Property Type: Land & Docks Lot Size (sq. ft.): 27,500 Status: Closed

Current Price: $16,504,000 List Date: 11/03/2020 Last Modified: 6/09/2026

Overview

Description

**ONE OF THE MOST COVETED PIECE OF LAND IN MIAMI BEACH**150ft of completely unobstructed wide bay views of Downtown Miami with sublime sunset exposure**Plans APPROVED by DRB**Contemporary tropical home oasis on 27,500sf land. Rare opportunity build a one-of-a kind Aman resort inspired home sitting on multiple living pavilions surrounded by water. Architectural plans by renowned Cesar Molina in collaboration with Cohen Developments. 15,125sf of sprawling paradise living space with enchanting landscaping. 8 bed, 12 bath, theater, showcase kitchen, catering kitchen, bar, wine cellar, full spa pavilion w/ sauna, steam, massage room, cold plunge, juice bar, relaxation room, gym, 4+ car garages, resort style pool, 3 jacuzzis.

Listing Details MLS# A10954473

General Property Information

Property Sub Type: Unimproved Land
Number Of Lots: Yes
Lot Size Acres: 0.63
Lot Size Square Feet: 27500
Lot Size Dimensions: 27500
Waterfront YN: Yes
Water Frontage Feet: 150
Direction Faces: Northeast
LP/SqFt: 650.91

Property Features

Current Use: Residential; Single Family; Other Deed Restrictions: None Development Status: Other Documents Available: Other Available Information; Plans Location of Property: City Location Other Structures: Other Possession: Negotiable Special Information: Subject to Impact Fees Trees: Other Boat and Dock Features: Water Available Listing Terms: Cash Lot Features: Build to Suit Road Surface Type: Paved Water Access: No Fixed Bridge Water View: Bay Waterfront Features: Bayfront Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 17900000
LP/Acre: 28367670.36

Location and Legal

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

Financial Information

Tax Year: 2019
Tax Annual Amount: 105129
Tax Legal Description: LA GORCE GOLF SUB PB 14-43 N96.87FT OF LOTS 28 & S2/3 OF LOT 27 BLK 1-A LOT SIZE 18072 SQ FT M/L

Status Change Information

Major Change Timestamp: 2020-12-18T16:13:03Z
Major Change Type: Status Change
Status Change Date: 2020-12-23
Under Contract Date: 2020-11-19
Close Date: 2020-12-18
Close Price: 16504000
Buyer Financing: Cash
SP/Acre: 26155309.03

More Information

Short Sale Details

Lender Approval: Unapproved
Short Sale Addendum: No

Boat and Dock Information

Dock: Yes

Buyer Details

Intended Use: Unknown/Withheld

Concessions

Seller Concessions: No

Section Details

Parcel Number MLX: 0240

Originating Details

Originating System Key: 352346899
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Documents Available

Other Available Information: Yes
Plans: Yes

Current Use

Residential: Yes
Single Family: Yes
Other: Yes

Deed Restrictions

None: Yes

Development Status

Other: Yes

Location of Property

City Location: Yes

Other Structures

Other: Yes

Possession

Negotiable: Yes

Special Information

Subject to Impact Fees: Yes

Trees

Other: Yes

Water Access

No Fixed Bridge: Yes

Water View

Bay: Yes

Listing Terms

Cash: Yes

Lot Features

Build to Suit: Yes

Road Surface Type

Paved: Yes

Waterfront Features

Bayfront: Yes

Boat and Dock Features

Water Available: Yes

Showing Requirements

Call Listing Agent: Yes

Listing Office: Coldwell Banker Realty

Last Updated: June - 09 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.