$25,000,000
5240 N Bay Road
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $25,000,000
- Price per sq ft
- $3,898
- Vs. nearby sales
- 59.1% above
- Days on market
- 4
This 7-bedroom single-family home in La Gorce Golf Sub is listed at $25,000,000, or $3,898 per square foot. It has been on the market for 4 days. The 6 most recent single-family home sales in the closings shown below sold at a median of $2,450 per square foot, so the asking price is 59.1% above what comparable homes here actually sold for.
Estimated monthly payment
$131,386 /mo
Principal and interest only, based on $5,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $25,000,000
- Days on Site
- 4 Days
- Bedrooms
- 7
- Total Baths
- 8
- Full Baths
- 7
- Partial Baths
- 1
- Living Area
- 6,413 sqft
- Total Sq Ft
- 7,513 sqft
- Lot Size
- 0.31 Acres
- Year Built
- 1958
- Property Type
- Single Family
- MLS #
- A12119056
- Property Tax
- $93,733 (2025)
- Subdivision
- LA GORCE GOLF SUB
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
A Mid-Century Modern architecturally significant waterfront home, this estate pairs expansive floor-to-ceiling glass with light-filled interiors, creating a seamless connection between the home and its spectacular natural surroundings. Located on prestigious North Bay Road, this residence was designed by famed architect Maurice Weintraub and offers sweeping Biscayne Bay views and the spectacular Downtown Miami skyline. Thoughtfully enhanced over the years, the property presents an opportunity for its next owner to further personalize and create a home that reflects their own vision and lifestyle. The two-story residence features seven generously proportioned bedroom suites, including four upstairs, highlighted by a magnificent primary suite with a private bay-facing terrace, and three additional bedroom suites on the first floor. A dramatic entrance, framed by floor-to-ceiling impact glass windows and doors, welcomes an abundance of natural light and leads to a grand two-story living room featuring an elegant sweeping staircase. Additional features include a formal dining room, media room, waterfront eat-in kitchen, elevator, two-car garage, laundry room, full-house generator. Designed to embrace the South Florida waterfront lifestyle, the backyard offers exceptional outdoor entertaining spaces, complete with a summer kitchen, swimming pool and a dock. A rare opportunity to own an architecturally distinctive waterfront residence in one of Miami Beach's most coveted locations.
MLS media linkGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1958
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 2
- Attached Garage
- Yes
- Parking
- Attached Carport / Attached / Circular Driveway / Carport / Driveway / Garage / Garage Door Opener
- Direction Faces
- East
- Lot Size (Acres)
- 0.31
- Living Sq Ft
- 6,413
- Total Sq Ft
- 7,513
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 0800
Interior Features
- Appliances
- Dryer / Refrigerator / Washer
- Cooling
- Central Air / Electric
- Heating
- Central
- Flooring
- Tile
- Spa
- Yes
- Spa Features
- In Ground
- Interior Features
- Built In Features / Dining Area / Separate Formal Dining Room / Elevator / Kitchen Island / None / Upper Level Primary / Bar
- Windows
- Blinds
- Total Rooms
- 4
Exterior Features
- Construction
- Block
- Roof
- Flat / Tile
- Exterior Features
- Built In Barbecue / Balcony / Barbecue / Outdoor Living Area
- Architectural Style
- Other
- Private Pool
- Yes
- Pool Features
- Heated / In Ground
- Patio & Porch
- Deck / Open / Balcony
- Lot Features
- Quarter To Half Acre Lot
- Waterfront
- Yes
- Frontage
- Waterfront
- Frontage Length
- 77.00 ft
- View
- Bay / Pool
Community & HOA
- Association Amenities
- Other
- 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
La Gorce Golf Sub is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $2,400,000 to $7,000,000. Pure Equity lists homes in La Gorce Golf Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 13
- Median List Price
- $4,092,500
- Median $/Sq Ft
- $1,026
- Avg Days on Market
- 156
Frequently Asked Questions
- How do I schedule a tour of 5240 N Bay Road, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5240 N Bay Road, 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 5240 N Bay Road, Miami Beach, FL 33140 still available?
- 5240 N Bay Road, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 4 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 5240 N Bay Road, Miami Beach, FL 33140?
- With 20% down ($5,000,000) on the $25,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5240 N Bay Road, Miami Beach, FL 33140 is about $131,386/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5240 N Bay Road, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5240 N Bay Road, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5240 N Bay Road, Miami Beach, FL 33140?
- 5240 N Bay Road, 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 5240 N Bay Road, Miami Beach, FL 33140?
- Often, yes. The right offer on 5240 N Bay Road, 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 BHHS EWM 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.
$25,000,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Esther I Percal, BHHS EWM Realty
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in La Gorce Golf Sub
These are the last 6 recorded closings in La Gorce Golf Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $3,578 per square foot. The most recent closed on June 9, 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.
Sold$3,900,000
Sold · June 9, 2026
5625 N Bay Road
4 bed · 4.5 bath · 4,256 sqft · $916/sqft
$600,000 under the asking price
Sold$27,000,000
Sold · May 27, 2026
5300 N Bay Road
7 bed · 7.5 bath · 6,023 sqft · $4,483/sqft
$1,000,000 under the asking price
Sold$31,525,000
Sold · May 19, 2026
6000 N BAY Road
8 bed · 8.5 bath · 8,811 sqft · $3,578/sqft
$3,475,000 under the asking price
Sold$4,325,000
Sold · May 18, 2026
5055 N Bay Road
5 bed · 3 bath · 3,980 sqft · $1,087/sqft
$475,000 under the asking price
Sold$4,700,000
Sold · May 15, 2026
5825 Alton Road
6 bed · 5 bath · 3,559 sqft · $1,321/sqft
$250,000 under the asking price
Sold$25,500,000
Sold · May 8, 2026
6380 N Bay Road
4 bed · 4.5 bath · 4,494 sqft · $5,674/sqft
$1,000,000 under the asking price
See every recorded sale in La Gorce Golf Sub or find out what your La Gorce Golf Sub home is worth.
