The largest and most valuable waterfront estate in Miami Beach - a landmark property on Billionaire’s Row, North Bay Road, that embodies prestige, privacy, and the pinnacle of luxury living! Sited on 2.3 acres with 290-ft of waterfrontage, this gated, 22,000-sf mansion is designed for grand entertaining while enjoying panoramic water views. Indulgent amenities include a dock, 8-car garage, indoor racquetball court, tennis court, gym, and incredible backyard. A dramatic entry foyer with double-curved grand staircase with ornate ironwork welcomes you inside this timeless home featuring high ceilings, theater, billiard room, entertainment bar, and primary suite crowned with domed ceilings. Estate-style driveway and manicured grounds offer enduring sophistication. For lease furnished, $495K/M
BHHS EWM Realty
Features & Details
Learn about the features and details of 5940 N Bay Rd
Property Details
Property Type
SingleFamilyResidence
Living Area
16,910 sqft
Year Built
1936
Lot Size
102,090 sqft
Stories
-
Annual Tax
$257,113.00
List Date
8/15/2025
Updated
9/10/2025
Last Checked
Recent
MLS Number
#A11859126
Brokerage
BHHS EWM Realty
Postal Code
33140
Area
Miami-Dade
City
Miami Beach
Additional Property Features
Occupancy
CallAgent
List Price
$169,000,000.00
Unit Number
-
Construction
Block
Heating
Central
Fireplaces
-
Garage
3 Car Garage
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air
Elevator
Yes
Locker
No
Swimming Pool
InGround,Pool
Patio
No
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
Unfurnished
Assessment Year
2024
Assignment
No
Extras Included
Some gas appliances, Dryer, Dishwasher, Gas range, Microwave
Inside
Bedrooms & Baths
8 Bed, 16 Bath
Bedrooms
8
Full Bathrooms
16
Ensuite
Yes
Bathrooms
16
Flooring
Mixed
Show More Features
Price history
Learn about the price history of 5940 N Bay Rd
Virtual Tour
Take a 3D tour of this property
Login to view 3D Virtual Tour
Real estate trends
View trends of price in Miami Beach over the last 12 months
Explore Miami-Dade
Learn about the area around 5940 N Bay Rd
Mortgage Calculator
Estimate monthly payments for 5940 N Bay Rd
$0
20.0%
$169,000,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$810,183
Show More Details
Cash Flow Analysis
Mortgage Payment:
$810,182.91
Monthly Payment:
$831,608.99
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
Similar listings
Shop homes for sale similar to 5940 N Bay Rd, Miami-Dade
Discover this stunning singlefamilyresidence in the heart of La Gorce, Miami Beach. This well-appointed property offers 8 bedrooms, 16 bathrooms, 16,910 square feet of living space situated on a 102,090 square foot lot. Originally built in 1936. Offered at $169,000,000.00 The property comes with Some gas appliances, Dryer, Dishwasher, Gas range, Microwave. Don't miss this opportunity to own in one of the area's most desirable locations.
FAQs About 5940 N Bay Rd
What is the square footage of this property?
How many bedrooms and bathrooms does this home have?
What are annual taxes for 5940 N Bay Rd?
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.