Miami-Dade County  »  33140  »  N Bay Rd  »  5940 N Bay Rd

5940 North Bay Road, Miami Beach, FL 33140 - Property report

Also known as: 5940 N Bay Rd

Property image for 5940 North Bay Road, Miami Beach, FL 33140
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Property type

Residential - Single Family: 1 Unit (0101)

Year built

1936

Acreage

2.344

Sale price

$105,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
5940 North Bay Road
ZIP code
33140
County
Miami-Dade
Municipality
02
Neighborhood
023215002
Parcel ID
0232150020040

Owner

Find out who owns 5940 North Bay Road, Miami Beach, FL 33140. Uncover corporate and individual owners with a free account.

Sales
Sale date
07/22/2025
Sale price
$105,000,000
Arm's length
Tax
Tax year
2025
Current property tax
$264,145
Building
Property type
Residential - Single Family: 1 Unit (0101)
Building sq. ft.
18,082
Buildings on lot
5
Stories
2
Year built
1936
Bedrooms
6
Bathrooms
10
Lot
Acreage
2.344
Zoning & Use
Zoning
Residential Single Family (RS-2)
Qualified opportunity zone
Units
1

Area overview

Walk score
19 /100.  Car-Dependent
Transit score
38 /100.  Some Transit
Bike score
30 /100.  Somewhat Bikeable
School district
Miami-Dade County Public Schools
Broadband internet providers and speed map
Types of broadband connections
Ownership

Ownership information for 5940 North Bay Road, Miami Beach, FL

Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 5940 North Bay Road, Miami Beach, FL 33140

Sale date Sale price Buyer name Seller name
07/22/2025 $105,000,000 XXXX XXX XXXXX XXX XXXX XXXXX; XXXXX XXXX XXXXXXX X
04/05/1996 $10 XXXX, XXXXX XX XX; XXXXX, XXXXXXX XX XX XXXXXX XX XXXXXXXX, XXXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date Type Amount Party 1 Party 2 Doc #
08/07/2026 - R
08/04/2026 - D		 Notice of Commencement XXXX XXX XXXXX XXX
10/10/2025 - R
10/09/2025 - D		 Order XXXXX XXXXX XXXX XX XXXX XXX XXXXX XXX
07/23/2025 - R
07/22/2025 - D		 Release XXXXXX XXXX X XXXX XXXXX
07/22/2025 - D
07/22/2025 - R		 Mortgage, Assignment of Leases and Rents, Security Agreement and Fixture Filing XXXX XXX XXXXX XXX XXXXX XX XXXXXXX XXX
07/22/2025 - D
07/22/2025 - R		 Deed XXXX XXXXX XXXX XXX XXXXX XXX
05/16/2025 - R
05/13/2025 - D		 Agreement XXXXXX XXXX X XXXX XXXXX
04/05/1996 - R Quit Claim Deed XXXXXX XX XXXXXXXX, XXXX XXXX, XXXXX XX XX
02/26/1993 - R Warranty Deed XXXXXXXX, XXXXXX XXXX, XXXXX XX XX
06/03/1991 - R Warranty Deed XXXXX XXXX XXXXXXXX, XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5940 North Bay Road, Miami Beach, FL

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025
Base tax
$526,257
Current property tax
$264,145
Recent tax assessments
Market value
$53,520,362
Land value
$50,024,100
Building value
$3,496,262
Assessed value
$14,121,780

More about Miami-Dade County property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Tax rate Property tax Y-o-Y change
2025 $53,520,362 $14,121,780 18.7601 $526,257 +11.27%
2024 $46,302,628 $13,723,791 18.7913 $472,973 +0.02%
2023 $46,326,013 $13,324,069 18.8967 $472,861 +19.78%
2022 $35,960,057 $12,935,990 18.7893 $394,764 +19.39%
2021 $25,134,933 $12,559,214 19.3081 $330,638 -22.54%
2020 $22,047,322 $12,385,813 19.3596 $426,827 -0.26%
2019 $22,083,668 $12,107,345 19.3785 $427,948 +19.77%
2018 $19,002,180 $11,881,595 18.8042 $357,321 -17.90%
2017 $22,853,885 $11,637,214 19.043 $435,207 -27.88%
2016 $31,064,829 $11,397,859 19.4244 $603,416 +19.03%
Permits

Permit information for 5940 North Bay Road, Miami Beach, FL

No recently recorded permits for this property.

Neighborhood

Miami Beach residential market stats

Access a detailed real estate market overview of Miami Beach so you can assess current trends, home values, types of properties sold and transaction volume. View the median home sale price in Miami Beach and compare it to other neighborhoods in Miami-Dade.

Median sale price

$620,000

7.9% Y-o-Y

Median price/sq. ft.

$622

-4.5% Y-o-Y

Miami-Dade county median sale price

$520,000

Check out recently sold homes in Miami Beach and see how their prices compare.

Risk

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FEMA flood zones

FEMA flood zones
AE

Transportation

Daily traffic map
View daily traffic map

Access the detailed traffic volume map for 5940 North Bay Road, Miami Beach, FL 33140 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

Schools

Nearest elementary schools

Name Rating Type Grade range No of students Distance (miles)
Le Petit Papillon Montessori School NR Private PK-5 150 0.87
Le Petit Papillon Montessori School NR Private PK-5 150 0.87
Little Ones Academy NR Private PK-1 92 0.96
Little Ones Academy NR Private PK-1 92 0.96
Stars Learning Day Care Center NR Private PK-1 20 1.00
Treasure Island Elementary School 3 Public PK, K-5 399 1.01
Treasure Island Elementary School 3 Public PK, K-5 399 1.01
Nearest middle schools

Name Rating Type Grade range No of students Distance (miles)
Yeshiva Elementary NR Private PK, K-8 0 1.62
Nautilus Middle School 4 Public 6-8 918 1.87
Devos Academy of Music and Arts NR Private PK, K-12 0 1.99
Mesivta of Greater Miami NR Private 7-12 0 2.05
Tree Of Knowledge Learning Academy NR Private 1-12 39 2.08
Mechina Of South Florida NR Private 7-12 81 2.08
Mater Academy Miami Beach 5 Charter K-8 614 2.12
Ruth K. Broad Bay Harbor K-8 Center 10 Public PK, K-8 1,249 2.96
Nearest high schools

Name Rating Type Grade range No of students Distance (miles)
Devos Academy of Music and Arts NR Private PK, K-12 0 1.99
Mesivta of Greater Miami NR Private 7-12 0 2.05
Tree Of Knowledge Learning Academy NR Private 1-12 39 2.08
Mechina Of South Florida NR Private 7-12 81 2.08
Tree of Knowledge NR Private 7-12 50 2.08
Miami Beach Senior High School 4 Public 9-12 2,175 2.95
Miami Beach Adult & Community Ed Center NR Public 0 3.83

Data provided by GreatSchools.org © 2026. All rights reserved.

Neighbors for 5940 North Bay Road, Miami Beach, FL

5313 Collins Ave, Miami Beach 5445 Collins Ave, Miami Beach 6500 N Bay Rd, Miami Beach 6380 N Bay Rd, Miami Beach 6300 N Bay Rd, Miami Beach 5930 N Bay Rd, Miami Beach 5401 Collins Ave, Miami Beach 6440 N Bay Rd, Miami Beach 6324 N Bay Rd, Miami Beach 6420 N Bay Rd, Miami Beach 6396 N Bay Rd, Miami Beach 6360 N Bay Rd, Miami Beach 5600 Collins Ave, Miami Beach 5161 Collins Ave, Miami Beach 5900 N Bay Rd, Miami Beach 5900 Collins Ave, Miami Beach 5225 Collins Ave, Miami Beach 6410 N Bay Rd, Miami Beach 5801 Collins Ave, Miami Beach 6466 N Bay Rd, Miami Beach

Nearby ZIP codes for 5940 North Bay Road, Miami Beach, FL

33101, Miami-Dade County, FL 33109, Miami-Dade County, FL 33127, Miami-Dade County, FL 33128, Miami-Dade County, FL 33129, Miami-Dade County, FL 33130, Miami-Dade County, FL 33132, Miami-Dade County, FL 33136, Miami-Dade County, FL 33137, Miami-Dade County, FL 33139, Miami-Dade County, FL 33142, Miami-Dade County, FL 33147, Miami-Dade County, FL 33150, Miami-Dade County, FL 33154, Miami-Dade County, FL 33161, Miami-Dade County, FL 33168, Miami-Dade County, FL 33181, Miami-Dade County, FL

Frequently asked questions

What is the year built for 5940 North Bay Road, Miami Beach, FL 33140?

The development at 5940 North Bay Road, Miami Beach, FL 33140 was built in 1936.

What is the total square footage of 5940 North Bay Road, Miami Beach, FL 33140?

5940 North Bay Road, Miami Beach, FL 33140 has a total of 18,082 square feet.

When was 5940 North Bay Road, Miami Beach, FL 33140 last sold and what was the sale price?

5940 North Bay Road, Miami Beach, FL 33140 was last sold on 07/22/2025 for $105,000,000.

What is the assessed value of 5940 North Bay Road, Miami Beach, FL 33140?

5940 North Bay Road, Miami Beach, FL 33140 is currently assessed at $14,121,780.

What are the property taxes for 5940 North Bay Road, Miami Beach, FL 33140?

The property taxes for 5940 North Bay Road, Miami Beach, FL 33140 total $526,256.

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