by RH Advisors

Check Availability
$10,995,000
↓ $905K (7.6%)
House - For Sale

5975 N Bayshore Dr

Miami, FL 33137
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2389 Sqft
$60,198
Estimated Monthly
$0
HOA / Fees
-0.13%
Cap Rate

About This Property

Build your dream home with some of the most stunning wide bay views in the city. Located in the historic Morningside neighborhood this waterfront property boasts a 29,300 square foot lot with 100' of water frontage on the wide bay. Experience breathtaking sunrises and breezes from your waterfront lot. Live moments from all that Miami has to offer, major highways, the Miami Design District and world class dining, shopping, sports arenas, the Adrienne Arsht Center for the Performing Arts and just one short bridge away from Miami Beach and the ocean.
Unit Size
2,389Ft²
Days on Market
299 days
Land Size
0.67 acres
Price per sqft
$4,602
Property Type
House
Property Taxes
$6,210
HOA Dues
-
Year Built
1950
Listed By
Jill Hertzberg
Coldwell Banker Realty
Last updated: 11 days ago (Miami MLS #A11416455)

Price History

Date / Event Date Event Price
Apr 23, 2024 Price Decreased $10,995,000
↓ $905K (7.6%)
Price Decreased
Dec 17, 2023 Price Increased $11,900,000
↑ $500K (4.4%)
Price Increased
Aug 25, 2023 Price Increased $11,400,000
↑ $405K (3.7%)
Price Increased
Jul 10, 2023 Listed by Coldwell Banker Realty $10,995,000
Listed by Coldwell Banker Realty
Build your dream home with some of the most stunning wide bay views in the city. Located in the historic Morningside neighborhood this waterfront property boasts a 29,300 square foot lot with 100' of water frontage on the wide bay. Experience breathtaking sunrises and breezes from your waterfront lot. Live moments from all that Miami has to offer, major highways, the Miami Design District and world class dining, shopping, sports arenas, the Adrienne Arsht Center for the Performing Arts and…
Dec 20, 2022 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
With View
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway
Garage Spaces: 2
Covered Parking Spaces: 2
Interior Details

Bathroom Information

Full Bathrooms: 2

Bedroom Information

Bedrooms: 3
Bedroom Features: At Least 1 Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Other
Appliances: Dishwasher, Dryer, Ice Maker, Other Equipment/Appliances
Flooring Type: Other

Room Information

Living Room Features: Other

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2006
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 29,300
  • Lot Size Depth Feet: 2,930
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,890
  • Gross Building Area: 3,890
  • Building Area: 2,389
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,389
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: BAYSHORE SUB
  • Land Acres: 0.673
  • Legal Description 1: 18 53 42 BAYSHORE SUB PB 5-116 LOTS 35 TO 44 INC BLK 8 LOT SIZE 100.000 X 293

Ownership

  • Current Owner : 5965 N BAYSHORE LLC
  • Previous Owner : TIBALTLEO VICTOR
  • Previous Owner 2: ANN TIBALDEO IRREVOCABLE REAL
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: unknown
  • Vacant Flag Date: Apr 04, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 174
  • District: 01
  • Parcel: 01-3218-031-0760
  • Block: 8
  • Lot: 35-44
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8316
  • Longitude: -80.181

    Address

  • Full Address: 5975 N Bayshore Dr
  • Address - House Number: 5975
  • Street Direction: N
  • Address - Street Name: Bayshore
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami
  • Carrier Code: C062
  • 4-Digit Zip Code: 2305
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 3,307
  • Tax Year: 2023
  • Tax Amount: $101,978
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.2579
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 6,128,196
  • High Value: 7,708,814
  • Low Value: 4,547,577

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,000,000
  • First Open Lien Mortgage Lender: CHAMPIONS FUNDING LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2022
  • First Open Lien Mortgage Loan Amount: $3,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $6,541,043
  • Market Land Value: $6,152,808
  • Market Improvement Value: $388,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,042,032

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11824275658
  • Current Sale Price: $3,950,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021R0153440

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
5,266 ft²
$1,804/ft²
$9,500,000 Oct 10, 2023
$9,500,000 Mar 22, 2024
$3,892/mo
House
6 Beds
8 Baths
6,574 ft²
$1,384/ft²
$9,100,000 Jun 12, 2023
$9,100,000 Dec 27, 2023
$6,784/mo
House
5 Beds
7 Baths
5,805 ft²
$2,024/ft²
$11,750,000 Jan 11, 2024
-
$12,813/mo
Land
Loft
-
-
$10,995,000 Jul 10, 2023
-
$6,210/mo
House
6 Beds
8 Baths
7,198 ft²
$1,764/ft²
$12,700,000 Nov 28, 2022
-
$1,081/mo

About Northern Miami


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Unit for sale at 5975 North Bayshore Drive, Miami, FL 33137

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Frequently Asked Questions

When was property at 5975 North Bayshore Drive built and last sold?
The property at 5975 North Bayshore Drive was built in 1950 and last sold on Feb 26, 2021 for $3,950,000.
How much is this home worth?
The estimated value of the home located at 5975 North Bayshore Drive is $10,645,331.
What are some comparable homes to 5975 North Bayshore Drive?
Homes that are comparable to 5975 North Bayshore Drive include a house property at 7305 Belle Meade Island Drive, 5975 North Bayshore Drive, 655 Buttonwood Lane.

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