All listings
Pending
PendingWaterfront · Single Family Residence
$36,000,000$2,812 / sqft
5004 N Bay Rd, Miami Beach FL 33140
Listed
8
Bedrooms
10
Bathrooms
12,804 sqft
Interior
2016
Year built
None
HOA
Single Family Residence
Type
About this home
Discover the opportunity to reside on North Bay Road, one of Miami's most exclusive communities. This impressive eight-bedroom home, crafted by Zeb Jarosz, a distinguished architect known for his work with notable figures such as Michael Jordan, Matt Damon, and Dan Marino, exudes a resort-style ambiance. Encompassing nearly 17,000 SF across three levels, the residence has 105 feet of coveted waterfront and uninterrupted views of Biscayne Bay. The bright and spacious interiors, featuring 12-foot-high ceilings on the ground floor and 11-foot-high ceilings on the second floor, to create expansive living spaces. The third floor unveils a unique full-width roof terrace with a second pool, while the home is adorned with exquisite finishes and tailored details. Miami Beach living at its best!
Features
- First Floor Entry
- Bar
- Built-in Features
- Cooking Island
- Elevator
- Entrance Foyer
- Other
- Volume Ceilings
- Walk-In Closet(s)
- Atrium
- Den/Library/Office
- Family Room
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.