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$69,500,000

4760 Bay Rd, Miami Beach, FL 33140

Bedrooms
8
Baths
7
Living area
5,685 ft²
Price per ft²
$12,225 / ft²
Type
Single-Family Home
Year built
1933
On market
11 days on market
MLS #
A12106525

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.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $12,225. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 1,917% above the median.
  • Position in the area’s price distributionThe asking price is $69,500,000; the median of recorded sales in the area is $590,000 (2,281 sales). On raw price that is 11,680% above the median — this line does NOT adjust for property type or size.

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.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$20,850,000
Term

7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.

Estimated monthly payment$334,192
Loan amount
$48,650,000
Total interest over the term
$71,659,029
Total repaid
$120,309,029

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Flat Fee Florida Realty LLC

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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