2312 Bay Ave
Miami Beach, FL 33140
$45,000,000
Offered for the first time in 40 years, this gated waterfront point-lot estate occupies the coveted west tip of Sunset Island III, with unobstructed Downtown Miami skyline views and spectacular sunsets. Designed in 1937 by renowned architect T. Hunter Henderson, the 5-bedroom, 5.5-bath Art Deco residence preserves beautifully restored original details, including arched windows, decorative ironwork, hand-painted Cuban tile floors and staircase. Thoughtful updates include impact windows and doors, Control 4 smart home technology, 3-zone A/C, and dual walk-in closets in the primary suite. A spacious private terrace overlooks Biscayne Bay, while a concrete dock with a 17,000-lb boat lift enhances the waterfront lifestyle. Set on an exceptional 13,771-SF pie-shaped lot, this rare offering presents the opportunity to preserve a piece of Miami Beach history or build your dream waterfront residence in one of the area's most prestigious guard-gated island communities.
| Listing ID: | A12106623 |
|---|---|
| Property Type: | Residential |
| Status: | Active |
| Bathrooms Full: | 5 |
| Living Area: | 4,970 |
| Tax Annual Amount: | $15,335 |
| Waterfront?: | Yes |
| County Or Parish: | Miami-dade County |
| Postal Code: | 33140 |
| Building Name: | SUNSET ISLANDS-ISLAND NO |
| Elementary School: | North Beach |
| Flooring: | Other, Tile, Vinyl, Wood |
| Garage Spaces: | 2 |
| High School: | Miami Beach |
| Interior Features: | First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Volume Ceilings, Den/Library/Office, Utility Room/Laundry |
| Listing Contract Date: | 2026-10-15 |
| Status: | Active |
| Parking Features: | Circular Driveway, Driveway |
| Postal Code Plus4: | 4535 |
| Rooms Total: | 0 |
| State Or Province: | FL |
| Water Source: | Municipal Water |
| Attached Garage?: | Yes |
| Bathrooms Total Integer: | 6 |
| Building Area Units: | Square Feet |
| Construction Materials: | Concrete Block Construction |
| Covered Spaces: | 2 |
| Direction Faces: | East |
| Fireplace?: | Yes |
| Frontage Type: | Bay |
| Heating?: | Yes |
| Inclusions: | Boatlift, Private Dock |
| Living Area Units: | Square Feet |
| MLS Area Major: | Sunset Islands-island No |
| Open Parking?: | Yes |
| Parcel Number: | 02-32-28-001-1770 |
| Possession: | Funding |
| Public Survey Range: | 32 |
| Public Survey Township: | 32 |
| Roof: | Other |
| View?: | Yes |
| Window Features: | High Impact Windows |
| Year Built Details: | Resale |
| Zoning: | 0800 |
| Membership Purch Rqd Yn: | Yes |
| Ok To Advertise ListMiamire Ok To Advertise List: | No |
| Pool Dimensions: | 0 |
| Ratio Current Price By Sqft: | $9,054.33 |
| Subdivision InformationMiamire Subdivision Information: | Gated Community, Other Subdiv/Park Info, Security Patrol |
| Room Bedroom Features: | Primary Bedroom Upstairs |
| Room Living Room Features: | Den/Library/Office, Utility Room/Laundry |
| List Price: | $45,000,000 |
|---|---|
| Property Sub Type: | Single Family Residence |
| Bedrooms Total: | 5 |
| Bathrooms Half: | 1 |
| Association Fee: | $5,000 |
| Lot Size Square Feet: | 13,771 |
| Architectural Style: | Detached, Two Story |
| City: | Miami Beach |
| Subdivision Name: | Sunset Islands-Island No |
| Year Built: | 1937 |
| Appliances: | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| Association?: | Yes |
| Cooling: | Central Air |
| Exterior Features: | Lighting, Open Balcony |
| Fireplace Features: | Fireplace |
| Heating: | Central |
| Laundry Features: | Utility Room/Laundry |
| Lot Features: | Less Than 1/4 Acre Lot |
| Middle Or Junior School: | Nautilus |
| Parking Total: | 2 |
| Pool Features: | In Ground |
| Sewer: | Public Sewer |
| Association Fee Frequency: | Monthly |
| Building Area Total: | 6111 |
| Community Features: | Gated Community, Other, Security Patrol |
| Cooling?: | Yes |
| Door Features: | High Impact Doors |
| Entry Location: | Foyer |
| Frontage Length: | 100 |
| Garage?: | Yes |
| Listing Terms: | All Cash, Conventional |
| Lot Size Units: | Square Feet |
| Original List Price: | $45,000,000 |
| Patio And Porch Features: | Open Balcony, Open Porch |
| Public Survey Section: | 28 |
| Structure Type: | House |
| Tax Year: | 2025 |
| View: | Bay, Pool, Water |
| Waterfront Features: | Ocean Access, No Fixed Bridges |
| Adjusted Area Sf: | 4,943 |
| AreaMiamire Area: | 32 |
| Lp Amt Sq Ft: | $9,054.33 |
| Pets Allowed Yn: | Yes |
| Pool Yn: | Yes |
| RestrictionsMiamire Restrictions: | Assoc Approval Required, Other Restrictions |
| StyleMiamire Style: | WF/Pool/Ocean Access |
| Type Of AssociationMiamire Typeof Association: | Homeowners |
| Room Dining Room Features: | Eat-In Kitchen, Formal Dining |
| Tax Exemptions: | Tax Reflects Homestead Exemption |
Listing Courtesy of: Coldwell Banker Realty
786-789-3507
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Copyright 2026 MIAMI REALTORS® MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS.
MIAMI REALTORS® MLS data last updated on October 15, 2026 11:16 PM - PT
Property Last Updated: October 15, 2026 11:16 PM - PT
