A 16,547-square-foot house built in 1936 has changed hands. The spacious property at 5940 North Bay Road in Miami Beach was sold on July 22, 2025 for $10,500,000 which works out to $635 per square foot. This two-story home offers a roomy layout with six bedrooms and 10 baths. The unit encompasses a generous 2.3 acres of land, featuring abundant outdoor space and a pool.

Additional houses have recently been sold nearby:

· At 5941 North Bay Road in Miami Beach in January 2025, a 1,966-square-foot home was sold for $2,720,000, a price per square foot of $1,384. The home has 4 bedrooms and 2 bathrooms.

· A 8,077-square-foot home at 6000 North Bay Road in Miami Beach sold in September 2021 for $10,000,000, a price per square foot of $1,238. The home has 7 bedrooms and 6 bathrooms.

· In February 2022, a 1,498-square-foot home at 5930 Alton Road in Miami Beach sold for $850,000, a price per square foot of $567. The home has 2 bedrooms and 1 bathroom.