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$27,500,000

Beds
6
Baths
8.5
sq ft
8,540

5310 N Bay Rd, Miami Beach, FL 33140

5310 N Bay Rd

Miami Beach, FL 33140

  • 184 days on market
    • Price drop $2,400,000↓
Enjoy refined luxury at this extraordinary N Bay Rd residence w/ stunning western views. Fully renovated w/ 2023 completion. Meticulous design & exquisite materials converge to create a haven of unparalleled elegance. A warm & inviting ambiance is achieved through a mocha cream limestone color palette, elegant slab finishes, & herringbone flooring that exudes classic sophistication. 8,540 SF of living spaces include an incredible layout, 6 bedrooms, media room + office, high ceilings on both floors, a butler kitchen, large primary suite w/ dual bathrooms & dual oversized closets. A brand new concrete dock, gated privacy, an outdoor oasis overlooking sparkling sunsets, a poolside summer kitchen overlooking the waterfront vistas add to the allure of this coveted N Bay Rd address.

Details

Property type

Single Family Residence

Est. home value

$13,959,331

Lot size

0.29 acres

Price per sq ft

$3,221

Year built

2023

Annual property taxes

$242,214

Price History

04/25/2024
SEF

SEF #A11508659

Price change
$27,500,000
-8.03%
01/31/2024
SEF

SEF #A11508659

Price change
$29,900,000
-5.08%
01/03/2024
SEF

SEF #A11508659

Listed
$31,500,000
+268.42%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Terrabank Na

Loan start date

July 2021

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Commercial, 7 year

Seller

N Bay Rd Developments Llc

Lender

Terrabank Na

Loan start date

July 2021

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Commercial, 7 year

Seller

N Bay Rd Developments Llc

Lender

Terrabank Na

Loan start date

July 2021

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Commercial, 2 year

Seller

N Bay Rd Developments Llc

Lender

Terrabank Na

Loan start date

July 2021

Original loan amount

$6,000,000

Est. remaining balance

Not provided

Interest rate

2.96%

Loan type

Commercial, 2 year

Seller

N Bay Rd Developments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/04/2024 at 11:05 PM

Listing updated: 06/03/2024 at 9:38 PM

Listed by: Daniel Hertzberg, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11508659

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