5940 N Bay Rd

5940 N Bay Rd Miami Beach 33140
8 bedrooms | 13 bathroom | 3 half bath | 16,910 sqft

$169,000,000

Property Details

MLS #
A11859126
Unit #
Address
5940 N BAY RD  map  
Bedrooms
8
Bathrooms
13
Half Baths
3
Living Area (f2)
16,910
Living Area (M2)
1,571
Lot Size (f2)
102,090
Year Built
1936
Waterfront
Yes
Status
Active
Listing Type
Single Family
Maintenance Fee
$0
Complex
LA GORCE GOLF SUB
Days On Market
10
Pool
Yes
Pets Allowed
N/A
Parking Spaces
3

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

Property Description

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

Property Amenities

Equipment

  • Dishwasher
  • Dryer
  • Microwave
  • Gas Range

Interior Features

  • Bar
  • Elevator
  • Laundry Tub
  • Volume Ceilings
  • Walk-In Closet(s)
  • Wet Bar
  • Other

Exterior Features

  • Built-In Grill
  • Lighting
  • Tennis Court(s)

Similar Properties

Address Unit # Price %Chng Bed/Bath
5288 Alton Rd $619,000 4/4
5460 Alton Rd $2,499,000 2/2
5621 Alton Rd $2,699,000 5/3
5371 N Bay Rd $2,750,000 3/3
5970 Alton Rd $2,975,000 4/3
6080 Alton Rd $3,079,000 5/3
5978 Alton Rd $3,499,000 5/5
5812 Alton Rd $4,995,000 7/6
5625 N Bay Rd $5,000,000 4/4
5309 Alton Rd $5,240,000 5/5
5711 N Bay Rd $5,700,000 4/4
5735 N Bay Rd $5,995,000 5/5
5825 Alton Rd $6,450,000 7.59% 6/5
5831 Alton Rd $6,750,000 4/4
5055 N Bay Rd $7,000,000 5/3

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
07/23/2025 $4,000,000 $4,450,000 5 5
06/28/2025 $1,750,000 $1,800,000 5 5
06/18/2025 $2,600,000 $2,949,999 5 5
06/12/2025 $2,735,000 $2,949,000 4 4
06/02/2025 $1,900,000 $1,995,000 4 3

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®