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$34,950,000

Beds
7
Baths
8.0
sq ft
7,767

5718 N Bay Rd, Miami Beach, FL 33140

5718 N Bay Rd

Miami Beach, FL 33140

  • 349 days on market
    • Price drop $2,550,000↓
Extravagant modern mansion on prestigious North Bay Road where explosive sunsets over Miami’s splendid skyline are a backdrop from everywhere! Experience the finest waterfront living from this 15,547-SF property featuring 75 feet of premier waterfrontage with oversized dock & panoramic views! Inside the 7-bed 7bath+2, smart home, open floor-plan living areas have wall-to-wall glass doors that completely open, creating sensational indoor-outdoor entertaining ambience. The gated property is abundant with luxe amenities: wet bar, state-of-the-art theater, elevator, Savant control system, gourmet kitchen, wine cellar, interior fishpond with stingrays, gym, rooftop, cabana, tiled saltwater pool with spa. Built in 2022, this spectacular mansion is equipped with a + 4-car garage & generator!

Details

Property type

Single Family Residence

Lot size

0.36 acres

Price per sq ft

$4,500

Year built

2022

Annual property taxes

$272,064

Price History

08/05/2024
SEF

SEF #A11472989

Price change
$34,950,000
-6.8%
07/01/2024
SEF

SEF #A11472989

Price change
$37,500,000
-5.06%
06/07/2024
SEF

SEF #A11472989

Price change
$39,500,000
-1.25%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Senior community center: 

Yes

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

Halpern Family Trust

Loan start date

January 2022

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

3.1%

Loan type

Stand Alone Second

Seller

Ami Shashoua

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: 10/05/2024 at 10:45 PM

Listing updated: 10/01/2024 at 12:17 PM

Listed by: Nelson Gonzalez PA, BHHS EWM Realty Phone #: (305) 674-4000

MLS: SEF #A11472989

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