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Waterfront · Single Family Residence
$69,500,000$12,225 / sqft
4760 N Bay Rd, Miami Beach FL 33140
Listed
8
Bedrooms
7
Bathrooms
5,685 sqft
Interior
1933
Year built
None
HOA
Single Family Residence
Type
About this home
Positioned on highly coveted North Bay Road, this Mediterranean waterfront estate sits on an 18,700-sq-ft lot offering sweeping Biscayne Bay vistas. The property features a white stucco facade with terracotta roof tiles, deep loggias, and blue awnings. Designed around a private, U-shaped footprint boasting 5,685 sq ft of AC living space, the home centers on a tranquil inner courtyard. A stone-carved entryway opens into this lush sanctuary, highlighted by a reflection pool and vibrant bougainvillea. Multiple wrought-iron balconies and shaded terraces overlook the courtyard, creating a seamless indoor-outdoor flow. The waterfront is built for premier entertainment, showcasing over 100 feet of prime water frontage. A rectangular pool is framed by a stone balustrade, offering unobstructed open bay views. Beyond the pool deck, a private wooden dock provides immediate boating access and panoramic Miami skyline views. Highly secluded from the street by dense hedges and mature palms, a sprawling paver driveway leads to a two-car garage. Representing a solid base for improvements, remodeling, or additions, this is a rare opportunity to acquire and customize a legacy compound in one of Miami Beach’s most exclusive enclaves. Please check the 3D virtual tour and floor plans for more information.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Other
- Pantry
- Vaulted Ceiling(s)
- Volume Ceilings
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 8-bed rentals across Miami-Dade, from 10 active listings; the middle half ask $35,000–$150,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.