$3,787,000
This beautifully remodeled two-story Mediterranean-style home in the heart of Miami Beach offering 5BR/5.5BA blends classic Mediterranean character with luxury designer updates and modern amenities throughout. A security-gated entrance, circular coral stone driveway, beautiful fountain, lush tropical landscaping, and covered carport create exceptional curb appeal and a welcoming first impression. Inside, the home features original quarry tile floors, rich hardwood floors, wood-beamed ceilings, two wood-burning fireplaces, formal living and dining rooms, plus a flexible sunroom/den filled with natural light. The chef’s kitchen offers a La Cornue range with double ovens and hood, Sub-Zero refrigerator/freezer, Shaw’s Original fireclay sink, marble countertops, water purification system, and a light-filled breakfast room overlooking the pool. The principal suite includes a private covered balcony, walk-in closet, spacious dressing room with dual closet areas, and a beautiful bath with subway tiles, solid copper soaking tub and dual-head glass shower. 3 additional bedrooms in the home offer ensuite bathrooms. New electric & plumbing as of 2023. Outdoor spaces made for relaxing/entertaining, with a heated saltwater pool, fountain, coral stone deck, outdoor shower, multiple lounge areas, privacy hedge, alfresco dining area, and a separate private guest house with full bath. Ideally located minutes from beaches, fine dining, shopping, parks, galleries, Downtown Miami, and MIA.
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How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.
Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.
Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.
7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.
Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.
Coldwell Banker Realty
Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.
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Other records in the same area, at a comparable size and price.

$4,450,000 — 4531 Bay Rd, Miami Beach, FL 33140 — listing details
5 bd · 4 ba · 3,294 ft²
4531 Bay Rd, Miami Beach, FL 33140
Nunu Realty, LLC.