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Single Family Residence
$6,595,000$1,820 / sqft
5701 N Bay Rd, Miami Beach FL 33140
Listed
4
Bedrooms
5
Bathrooms
3,623 sqft
Interior
2021
Year built
None
HOA
Single Family Residence
Type
About this home
Recently reimagined with a comprehensive landscape and outdoor living transformation by Nielsen Landscape Architecture, this refined modern residence on Miami Beach’s prestigious North Bay Road now offers a level of privacy and resort-style living rarely found in the area. Positioned on a prime corner lot and filled with natural light, the 4-bedroom, 4.5-bathroom home is defined by a clean, open-concept layout designed by Praxis Architecture & Design. Interiors are defined by custom millwork, high-end materials, and tailored functionality, thoughtfully enhanced by Barbis Studio to create a refined and cohesive design language throughout. The fully transformed outdoor environment unfolds as a layered tropical landscape, anchored by mature specimen palms, a 15-foot bridal veil tree, 18-foot bamboo, and a 13-foot Clusia hedge for exceptional privacy. 30-foot buttonwood trees frame the front of the property, enhancing privacy and creating a lush, established arrival experience. A Coralina paver garden pathway with turf inlays weaves through the grounds, creating a sense of movement and discovery, while Ipe-clad pool decking, architectural lighting, and multiple lounge areas complete the setting. A saltwater pool and spa, covered terrace with a custom KE retractable awning, Haiku ceiling fans, and integrated outdoor surround sound create a fully immersive tropical retreat for both entertaining and everyday living.
Features
- First Floor Entry
- Built-in Features
- Entrance Foyer
- Den/Library/Office
- Utility Room/Laundry
- Lighting
- Garden
- Pool
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 4-bed rentals in Miami Beach, from 29 active listings; the middle half ask $13,000–$28,000.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.