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Single Family Residence
$8,500,000$1,951 / sqft
2181 N Bay Rd, Miami Beach FL 33140
Listed
5
Bedrooms
5
Bathrooms
4,357 sqft
Interior
2005
Year built
None
HOA
Single Family Residence
Type
About this home
Located on lower North Bay Road, one of Miami Beach's most desirable neighborhoods, this fully renovated 5-bedroom, 5-bathroom two-story home blends sophisticated design, refined finishes, & effortless indoor-outdoor living. At the heart of the home, the chef's kitchen features Wolf appliances, Sub-Zero refrigerator, beverage fridge, an expansive eat-in island, & a sun-filled breakfast nook. Soaring ceilings & views of the sparkling pool greet you as you enter. Glass sliding doors invite you out to your private, lushly landscaped backyard w/ summer kitchen. The expansive primary suite offers an oversized walk-in closet & luxurious resort-style bathroom with steam shower, standalone tub, & double vanity. Four additional gracious bedrooms upstairs, each with its own exquisite en-suite bathroom, make this family home complete. This private oasis features a 2-car garage & generator. Enjoy exceptional walkability to Sunset Harbour's acclaimed restaurants, boutiques & premier fitness & wellness studios.
Features
- First Floor Entry
- Built-in Features
- Cooking Island
- Walk-In Closet(s)
- Utility Room/Laundry
- Built-In Grill
- Garden
- Pool
Location
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 5-bed rentals in Miami Beach, from 15 active listings; the middle half ask $19,000–$69,000.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.