Miami-Dade County » 33140 » N Bay Rd » 5840 N Bay Rd

5840 North Bay Road, Miami Beach, FL 33140 - Property report

Also known as: 5840 N Bay Rd

Property image for 5840 North Bay Road, Miami Beach, FL 33140

Property type

Vacant Residential: Extra Fea Other Than Parking (0066)

Acreage

0.636

Sale price

$22,850,000

General information

Address

Primary address

5840 North Bay Road

ZIP code

33140

County

Miami-Dade

Municipality

Neighborhood

023215003

Parcel ID

0232150030240

Sales

Sale date

04/22/2025

Sale price

$22,850,000

Arm's length

Tax

Tax year

2025

Current property tax

$269,218

Building

Property type

Vacant Residential: Extra Fea Other Than Parking (0066)

Lot

Acreage

0.636

Zoning & Use

Zoning

Residential Single Family (RS-2)

Qualified opportunity zone

Area overview

Walk score

14 /100. Car-Dependent

Transit score

35 /100. Some Transit

Bike score

28 /100. Somewhat Bikeable

School district

Miami-Dade County Public Schools

Broadband internet providers and speed map

Types of broadband connections

Ownership

Ownership information for 5840 North Bay Road, Miami Beach, FL

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 5840 North Bay Road, Miami Beach, FL 33140

Sale date	Sale price	Buyer name	Seller name
04/22/2025	$22,850,000	XXXXXX XXXX XXX	XXXXX XX XXXXXXX
12/21/2020	$16,504,000	XXXXX XX XXXXXXX	XXXX XXX XXX
06/04/2020	$3,273,186	XXXXXX XXXXX	XXXX XXX XXX

*Most recent sales on record for this property.

More about Miami-Dade County property records.

Title documents

Date	Type	Party 1	Party 2
04/28/2025 - R 04/22/2025 - D	Deed	XXXXX XX XXXXXXX	XXXXXX XXXX XXX
05/06/2022 - R 05/03/2022 - D	Mortgage	XXXX XXXXX XXXXXXX XXXXXXXXXXX	XXXX XXXXXXXX XXXX XX XXXXXXX
12/31/2020 - R 12/21/2020 - D	Deed	XXXX XXX XXX	XXXXX XX XXXXXXX
06/05/2020 - R 06/04/2020 - D	Deed	XXXX XXX XXX	XXXXXX XXXXX
09/30/2019 - D 09/30/2019 - R	Deed	XXX XXXX XX	XXXX XXX XXX
09/07/2018 - D 09/07/2018 - R	Florida Real Estate Mortgage, Assignment of Leases and Rents and Security Agreement	XXX XXXXX XX	XXX XXXX XXXXX XXXXXXXXXXX XXX
09/07/2018 - D 09/07/2018 - R	Deed	XXXXXXXXX XXXXXXX XXXXXXXXXXX XXX	XXX XXXX XX
11/18/2014 - D 11/18/2014 - R	Deed	XXXXX XXXX X	XXXXXX XXXXXX XXXXXX XXX
12/10/1999 - D 12/06/1999 - R	Quit Claim Deed	XXXXX, XXXXXX	XXXXXX XXXXX XXXXXXXXX XXX XXX XXX
12/10/1999 - D 12/06/1999 - R	Quit Claim Deed	XXXXX, XXXX	XXXX XXXXX XXXXXXXXX XXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 5840 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

Property tax

$269,218

Recent tax assessments

Market value

$18,012,546

Land value

$18,006,300

Building value

$6,246

Assessed value

$12,347,603

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	$18,012,546	$12,347,603	18.7601	$269,218	+9.01%
2024	$16,682,946	$11,225,094	18.7913	$246,967	+4.54%
2023	$16,683,042	$10,204,631	18.8967	$236,233	+20.25%
2022	$12,638,648	$9,276,938	18.7893	$196,457	+20.65%
2021	$8,433,580	$8,433,580	19.3081	$162,836	+55.04%
2020	$5,424,964	$5,424,964	19.3596	$105,025	-0.10%
2019	$5,425,011	$5,425,011	19.3785	$105,129	-40.47%
2018	$9,391,995	$9,391,995	18.8042	$176,609	-20.99%
2017	$11,738,549	$11,738,549	19.043	$223,537	-31.36%
2016	$16,766,176	$14,753,866	19.4244	$325,673	+19.72%

Permits

Permit information for 5840 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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Transportation

Daily traffic map

View daily traffic map

Access the detailed traffic volume map for 5840 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	1.03
Le Petit Papillon Montessori School	NR	Private	PK-5	150	1.03
Treasure Island Elementary School	3	Public	PK, K-5	399	1.04
Treasure Island Elementary School	3	Public	PK, K-5	399	1.04
Stars Learning Day Care Center	NR	Private	PK-1	20	1.10
Stars Learning Day Care Center	NR	Private	PK-1	20	1.10
Stars Learning Center	NR	Private	K	4	1.10

Nearest middle schools

Name	Rating	Type	Grade range	No of students	Distance (miles)
Nautilus Middle School	4	Public	6-8	918	1.71
Yeshiva Elementary	NR	Private	PK, K-8	0	1.78
Devos Academy of Music and Arts	NR	Private	PK, K-12	0	1.83
Mesivta of Greater Miami	NR	Private	7-12	0	1.89
Mechina Of South Florida	NR	Private	7-12	81	1.92
Tree Of Knowledge Learning Academy	NR	Private	1-12	39	1.92
Mater Academy Miami Beach	5	Charter	K-8	614	2.28
Ruth K. Broad Bay Harbor K-8 Center	10	Public	PK, K-8	1,249	3.11

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	1.83
Mesivta of Greater Miami	NR	Private	7-12	0	1.89
Mechina Of South Florida	NR	Private	7-12	81	1.92
Tree Of Knowledge Learning Academy	NR	Private	1-12	39	1.92
Tree of Knowledge	NR	Private	7-12	50	1.92
Miami Beach Senior High School	4	Public	9-12	2,175	2.79
Miami Beach Adult & Community Ed Center	NR	Public		0	3.67

Nearby ZIP codes for 5840 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 market value of 5840 North Bay Road, Miami Beach, FL 33140?

The current market value of 5840 North Bay Road, Miami Beach, FL 33140 is $18,012,546.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.