See Home Value
$5,281,251*
House - Off Market

5987 N Bay Rd

Miami Beach, FL 33140
bedrooms
5 Beds
bathrooms
4 Baths
square feet
5750 Sqft
$3,060,000 - $3,738,000
Reference Base Price*
55.38%
Since Feb 1, 2021
FL-Miami
Primary Model
Sold Jan 21, 2021
$2,875,000

About This Property

Miami Beach living on North Bay Road. 5 bedroom 4 bath home spread over ample living area of 5,299 SF. Beautiful corner lot. Impact doors and windows. A must see!

The manager has listed the unit size as 5750 square feet.
Unit Size
5,750Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$591
Property Type
House
Property Taxes
$2,267
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Jan 17, 2021 No longer available -
No longer available
Nov 25, 2020 Price Decreased $3,399,000
↓ $591K (14.8%)
Price Decreased
Nov 8, 2020 No longer available -
No longer available
Aug 14, 2020 Price Decreased $3,990,000
↓ $210K (5%)
Price Decreased
Jun 26, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,325
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,386
  • Total Building Area: 5,750
  • Gross Building Area: 5,750
  • Building Area: 4,371
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,371
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA GORCE GOLF SUB
  • Land Acres: 0.398
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LA GORCE GOLF SUB PB 14-43 LOTS 1 & 2 BLK 4 LOT SIZE 138.600 X 125 OR 12871-2479 0486 1

Ownership

  • Current Owner : MASOTTI MARCO V
  • Current Owner 2: NORTH BAY ROAD W TRUST
  • Previous Owner : RASKEN ROBERT
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003906

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 173
  • District: 02
  • Parcel: 02-3215-003-0590
  • Block: 4
  • Lot: 1,2
  • Meridian: SEC 15 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8418
  • Longitude: -80.1306

    Address

  • Full Address: 5987 N Bay Rd
  • Address - House Number: 5987
  • Street Direction: N
  • Address - Street Name: Bay
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 2037
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 4,892
  • Tax Year: 2023
  • Tax Amount: $79,454
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.2579
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 4,446,088
  • High Value: 5,592,927
  • Low Value: 3,299,249

    Market Valuation

  • Market Total Value: $5,797,842
  • Market Land Value: $5,370,750
  • Market Improvement Value: $427,092

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,329,674

    Sales

  • Current Sale Contract Date: Jan 15, 2021
  • Current Sale Recording Date: Jan 21, 2021
  • Current Sale Transaction ID: 11816134518
  • Current Sale Price: $2,875,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0046239



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,587 ft²
$1,102/ft²
$2,850,000 Jul 21, 2023
$2,850,000 Sep 22, 2023
$1,437/mo
Other
Loft
-
3,779 ft²
$635/ft²
$2,400,000 Apr 17, 2023
$2,400,000 Oct 6, 2023
$1,471/mo
House
5 Beds
4 Baths
3,762 ft²
$851/ft²
$3,200,000 Jul 3, 2023
-
$2,639/mo
House
5 Beds
4 Baths
2,761 ft²
$1,230/ft²
$3,395,000 Sep 28, 2023
-
$1,361/mo
House
5 Beds
5 Baths
2,673 ft²
$1,268/ft²
$3,390,000 Jul 7, 2023
-
$348/mo
Townhouse
5 Beds
7 Baths
4,391 ft²
$911/ft²
$4,000,000 Jun 14, 2023
-
$3,346/mo
House
4 Beds
5 Baths
2,466 ft²
$1,498/ft²
$3,695,000 Aug 21, 2023
-
$2,266/mo
House
4 Beds
4 Baths
2,258 ft²
$1,326/ft²
$2,995,000 Jun 28, 2023
-
$1,458/mo
Condo
6 Beds
4 Baths
3,567 ft²
$967/ft²
$3,450,000 Sep 7, 2023
-
$3,866/mo
Condo
4 Beds
4 Baths
2,844 ft²
$1,266/ft²
$3,600,000 Oct 6, 2023
-
$5,161/mo
House
7 Beds
4 Baths
3,203 ft²
$999/ft²
$3,200,000 May 14, 2023
-
$535/mo
House
3 Beds
3 Baths
2,779 ft²
$1,313/ft²
$3,650,000 Aug 25, 2023
-
$911/mo

About La Gorce


Similar Homes for Sale

Unit for sale at 5828 Pine Tree Drive, Miami Beach, FL 33140

$3,650,000

  • 3 Beds
  • 3 Baths
  • 2,779 ft²
5828 Pine Tree Drive, Miami Beach, FL 33140 Listing by Robert Evangelista
Unit for sale at 6800 Indian Creek Drive, Miami Beach, FL 33141

$3,600,000

  • 4 Beds
  • 4 Baths
  • 2,844 ft²
6800 Indian Creek Drive #2A, Miami Beach, FL 33141 Listing by Belinda Andretti
Unit for sale at 5845 Collins Avenue, Miami Beach, FL 33140

$3,450,000

  • 6 Beds
  • 4 Baths
  • 3,567 ft²
5845 Collins Avenue #306305, Miami Beach, FL 33140 Listing by Danell Van Orden

Nearby Rentals

Unit for rent at 4530 Alton Rd, Miami Beach, FL, 33140

$24,000 /mo

  • 5 Beds
  • 5.5 Baths
  • 3,630 ft²
4530 Alton Rd, Miami Beach, FL, 33140 Listing by Jaime Vega
Unit for rent at 5911 Alton Rd, Miami Beach, FL, 33140

$22,900 /mo

  • 4 Beds
  • 4 Baths
  • 2,380 ft²
5911 Alton Rd, Miami Beach, FL, 33140 Listing by RH Advisors Miami
Unit for rent at 7536 W Treasure Dr, North Bay Village, FL, 33141

$20,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,294 ft²
7536 W Treasure Dr, North Bay Village, FL, 33141 Listing by RH Advisors Miami


Frequently Asked Questions

When was property at 5987 North Bay Road built and last sold?
The property at 5987 North Bay Road was built in 1946 and last sold on Jan 15, 2021 for $2,875,000.
How much is this home worth?
The estimated value of the home located at 5987 North Bay Road is $4,029,900.
What are some comparable homes to 5987 North Bay Road?
There are currently no comparable homes to 5987 North Bay Road.

Quantcast