See Home Value
$10,045,887*
House - Off Market

4640 N Bay Rd

Miami Beach, FL 33140
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2328 Sqft
$7,110,000 - $8,690,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Dec 01, 2021
$6,800,000
$4,420,000 by First Republic Bank
Mortgage Due Dec 01, 2051
Sold Mar 04, 2021
$5,000,000
$3,250,000 by Iberiabank
Mortgage

About This Property

The Jewel of North Bay Road! A Pied-a-Terre on the most expensive bayfront enclave in Miami Beach, North Bay Road, offering 60 feet of prime waterfrontage with exploding sunsets over the wide-open bay and Miami skyline! This charming 3bed 3.5bath Mediterranean villa is sited on a 5,400–Sf lot amidst 20M to 50M mansions. Lushly landscaped with swaying palms, a keystone courtyard leads you inside where immediate views of the water will capture your attention. The living room is embraced by soaring cypress wood-beamed ceiling, original arched wood doors, keystone fireplace, saturnia floors. Modernized kitchen offering water views and direct access to the backyard. The outside is equipped with a pool, Keystone patio area, huge 40x20 feet protruding dock, barbecue, and more

The manager has listed the unit size as 2328 square feet.
Unit Size
2,328Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$3,393
Property Type
House
Property Taxes
$3,229
HOA Dues
-
Year Built
1935

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold to Andrew Zobler $6,800,000
Sold to Andrew Zobler
Oct 21, 2021 No longer available -
No longer available
May 4, 2021 Listed $7,900,000
Listed
Mar 4, 2021 Sold to Kim Glaser, Todd Glaser $5,000,000
Sold to Kim Glaser, Todd Glaser

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 104
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,400
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,214
  • Gross Building Area: 2,214
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NAUTILUS SUB
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NAUTILUS SUB PB 8-95 STRIP MARKED PRIV BET UNNUM LOTS & LOT 15 & 10FT PARC MARKED RES BET STRIP & BAY BLK 1 LOT SIZE 60.000 X 90 OR 18435-1332 0199 1 COC 24379-3538 03 2006 1

Ownership

  • Current Owner : ZOBLER ANDREW
  • Previous Owner : GLASER TODD
  • Previous Owner 2: GLASER KIM
  • Owner Before Previous Owner: NORTH BAY LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004000

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 176
  • District: 02
  • Parcel: 02-3222-011-0131
  • Block: 1
  • Lot: 15
  • Meridian: SEC 22 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8225
  • Longitude: -80.1369

    Address

  • Full Address: 4640 N Bay Rd
  • Address - House Number: 4640
  • Street Direction: N
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C020
  • 4-Digit Zip Code: 2812
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 2,055
  • Tax Year: 2023
  • Tax Amount: $119,976
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0941
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 91
  • Final Value: 37,665
  • High Value: 41,212
  • Low Value: 34,117

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,875,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Dec 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $4,420,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Mar 02, 2023
  • Second Open Lien Mortgage Loan Amount: $455,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 26, 2048

    Market Valuation

  • Market Total Value: $6,390,205
  • Market Land Value: $4,374,000
  • Market Improvement Value: $2,016,205

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,390,205
  • Assessed Land Value: $4,374,000
  • Assessed Improvements Value: $2,016,205

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11873805176
  • Current Sale Price: $6,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0898085
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Mar 01, 2021
  • Previous Sale Amount: $5,000,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $4,420,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: IBERIABANK
  • Previous Mortgage Transaction Date: Mar 04, 2021
  • Previous Mortgage Loan Amount: $3,250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
2,175 ft²
$3,448/ft²
$7,499,000 Jun 20, 2022
-
$4,501/mo
House
4 Beds
4 Baths
3,100 ft²
$2,258/ft²
$7,000,000 Oct 20, 2022
-
$2,233/mo
Condo
3 Beds
3.5 Baths
2,950 ft²
$2,610/ft²
$7,700,000 Oct 6, 2022
-
$4,336/mo
House
5 Beds
4 Baths
3,980 ft²
$1,734/ft²
$6,900,000 Oct 8, 2022
-
$4,167/mo
House
6 Beds
6.5 Baths
-
$7,995,000 Sep 6, 2022
-
$1,288/mo
House
7 Beds
7 Baths
5,132 ft²
$1,822/ft²
$9,350,000 Dec 1, 2022
-
$6,822/mo
Condo
5 Beds
5.5 Baths
4,151 ft²
$2,048/ft²
$8,500,000 Aug 15, 2022
-
$11,861/mo

About Nautilus


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Frequently Asked Questions

When was property at 4640 North Bay Road built and last sold?
The property at 4640 North Bay Road was built in 1935 and last sold on Nov 19, 2021 for $6,800,000.
How much is this home worth?
The estimated value of the home located at 4640 North Bay Road is $7,653,763.
What are some comparable homes to 4640 North Bay Road?
There are currently no comparable homes to 4640 North Bay Road.

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