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5940 N Bay RdMiami Beach, FL 33140

For Sale

$169,000,000

Smart Buyer Rebate $1,690,000

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

Listed by Nelson Gonzalez

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License #0449460

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BHHS EWM Realty

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305-674-4040

Listed by Brett Harris

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License #3192059

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BHHS EWM Realty

Last updated August 28, 2025

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Source: MIAMIRE #A11859126

Listing Facts

  • TypeSingle-family
  • NeighborhoodLa Gorce Country Club
  • Bedrooms8
  • Bathrooms16
  • Days on Prevu22
  • Taxes$257,113/year
  • Size16,910 sqft
  • Price per sqft$9,994

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

08/15/2025
Listed by BHHS EWM Realty
$169,000,000

Property Details for 5940 N Bay Rd

Exterior

Construction

  • Roof: Barrel Roof
  • Structure Type: House
  • Year Built: 1936
  • Year Built Details: Resale
  • Architectural Style: Detached, Two Story
  • Building Name: LA GORCE GOLF SUB
  • Construction Materials: CBS Construction
  • Exterior Features: Built-In Grill, Lighting, Tennis Court(s)

Features

  • Direction Faces: East
  • Pool Features: In Ground
  • View: Bay, Water
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Measurements

  • Building Area Total: 22,460
  • Building Area Units: Square Feet
  • Frontage Length: 290
  • Frontage Type: Bay
  • Lot Features: 2 To Less Than 3 Acre Lot
  • Lot Size Square Feet: 102,090
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 02-32-15-002-0040
  • Tax Annual Amount: $257,113.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range
  • Flooring: Wood
  • Interior Features: Bar, Elevator, Laundry Tub, Volume Ceilings, Walk-In Closet(s), Wet Bar, Other
  • Spa: Yes

Measurements

  • Living Area: 16,910
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 13
  • Bathrooms Half: 3
  • Bathrooms Total Integer: 16
  • Bedrooms Total: 8

Other

Location

  • Subdivision Name: LA GORCE GOLF SUB

Parking

Parking

  • Covered Spaces: 3
  • Garage Spaces: 3
  • Garage: Yes
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Schools

Elementary School

  • Elementary School: North Beach

High School

  • High School: Miami Beach

Middle or Junior School

  • Middle Or Junior School: Nautilus

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Laundry Tub
  • Other Equipment: Elevator, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Municipal Water

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.