How do I schedule a tour of 2312 Bay Avenue, Miami Beach, FL 33140?

Use the Tour button on this listing to request a showing of 2312 Bay Avenue, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 2312 Bay Avenue, Miami Beach, FL 33140 still available?

2312 Bay Avenue, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 20 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 2312 Bay Avenue, Miami Beach, FL 33140?

With 20% down ($9,000,000) on the $45,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2312 Bay Avenue, Miami Beach, FL 33140 is about $236,494/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 2312 Bay Avenue, Miami Beach, FL 33140?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2312 Bay Avenue, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 2312 Bay Avenue, Miami Beach, FL 33140 have an HOA fee?

Yes: 2312 Bay Avenue, Miami Beach, FL 33140 carries an HOA fee of about $5,000 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 2312 Bay Avenue, Miami Beach, FL 33140?

2312 Bay Avenue, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 2312 Bay Avenue, Miami Beach, FL 33140?

Often, yes. The right offer on 2312 Bay Avenue, Miami Beach, FL 33140 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Active

20 Days on Market

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$45,000,000

2312 Bay Avenue

Miami Beach, FL 33140

SUNSET ISLANDS-ISLAND NO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

List price: $45,000,000
Price per sq ft: $9,054
Original price: Unchanged
Days on market: 20

This 5-bedroom single-family home in Sunset Islands-Island No is listed at $45,000,000, or $9,054 per square foot. It has been on the market for 20 days.

Bedrooms

Bathrooms

4,970

Living Sq Ft

1937

Year Built

Estimated monthly payment

$236,494 /mo

Principal and interest only, based on $9,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $5,000/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $45,000,000
Days on Site: 20 Days
Bedrooms: 5
Total Baths: 6
Full Baths: 5
Partial Baths: 1
Living Area: 4,970 sqft
Total Sq Ft: 6,111 sqft
Lot Size: 0.32 Acres
Year Built: 1937
Property Type: Single Family
MLS #: A12106623
Property Tax: $15,335 (2025)
HOA Fees: $5,000 / Monthly
Subdivision: SUNSET ISLANDS-ISLAND NO
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Offered for the first time in 40 years, this gated waterfront point-lot estate occupies the coveted west tip of Sunset Island III, with unobstructed Downtown Miami skyline views and spectacular sunsets. Designed in 1937 by renowned architect T. Hunter Henderson, the 5-bedroom, 5.5-bath Art Deco residence preserves beautifully restored original details, including arched windows, decorative ironwork, hand-painted Cuban tile floors and staircase. Thoughtful updates include impact windows and doors, Control 4 smart home technology, 3-zone A/C, and dual walk-in closets in the primary suite. A spacious private terrace overlooks Biscayne Bay, while a concrete dock with a 17,000-lb boat lift enhances the waterfront lifestyle. Set on an exceptional 13,771-SF pie-shaped lot, this rare offering presents the opportunity to preserve a piece of Miami Beach history or build your dream waterfront residence in one of the area's most prestigious guard-gated island communities.

MLS media link

General Features

Property Type: Single Family
Status: Active
Year Built: 1937
Property Condition: Resale
Number of Stories: 2
Levels: Two
Garage Spaces: 2
Attached Garage: Yes
Parking: Attached / Circular Driveway / Driveway / Garage
Direction Faces: East
Lot Size (Acres): 0.32
Living Sq Ft: 4,970
Total Sq Ft: 6,111
Sewer: Public Sewer
Water Source: Public
Zoning: 0800

Interior Features

Appliances: Dryer / Dishwasher / Microwave / Refrigerator / Washer
Cooling: Central Air
Heating: Central
Flooring: Other / Tile / Vinyl / Wood
Fireplace: Yes
Interior Features: Built In Features / Dining Area / Separate Formal Dining Room / Entrance Foyer / Eat In Kitchen / High Ceilings / Kitchen Island / Upper Level Primary
Total Rooms: 2

Exterior Features

Construction: Block
Roof: Other
Exterior Features: Balcony / Lighting / Outdoor Living Area
Private Pool: Yes
Pool Features: In Ground
Patio & Porch: Open / Porch / Balcony
Waterfront: Yes
Waterfront Features: Bayfront / No Fixed Bridges / Ocean Access
Frontage: Waterfront
Frontage Length: 100.00 ft
View: Bay / Pool / Water

Community & HOA

HOA Fee: $5,000 / Monthly
Association Amenities: Gated / Other / Security
Community Features: Home Owners Association
Security: Security Guard
Pets Allowed: Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Other Restrictions
MLS Area: 2320

Schools

Elementary School: North Beach
Middle School: Miami Beach Nautilus
High School: Miami Beach

About the Community

Sunset Islands Island

View Community Details →

Homes for Sale: 4
Median List Price: $14,500,000
Median $/Sq Ft: $3,046
Avg Days on Market: 116

View all 4 homes for sale in Sunset Islands Island →

Frequently Asked Questions

How do I schedule a tour of 2312 Bay Avenue, Miami Beach, FL 33140?: Use the Tour button on this listing to request a showing of 2312 Bay Avenue, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 2312 Bay Avenue, Miami Beach, FL 33140 still available?: 2312 Bay Avenue, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 20 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 2312 Bay Avenue, Miami Beach, FL 33140?: With 20% down ($9,000,000) on the $45,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2312 Bay Avenue, Miami Beach, FL 33140 is about $236,494/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 2312 Bay Avenue, Miami Beach, FL 33140?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2312 Bay Avenue, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 2312 Bay Avenue, Miami Beach, FL 33140 have an HOA fee?: Yes: 2312 Bay Avenue, Miami Beach, FL 33140 carries an HOA fee of about $5,000 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 2312 Bay Avenue, Miami Beach, FL 33140?: 2312 Bay Avenue, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 2312 Bay Avenue, Miami Beach, FL 33140?: Often, yes. The right offer on 2312 Bay Avenue, Miami Beach, FL 33140 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Coldwell Banker Realty

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated November 14, 2026.

$45,000,000

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Listed by Daniel Hertzberg, Coldwell Banker Realty

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Recently sold homes in Sunset Islands-Island No

These are the last 6 recorded closings in Sunset Islands-Island No, with the price each home actually sold for rather than what it was listed at. They closed at a median of $2,861 per square foot. The most recent closed on June 30, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.