2312 Bay Ave

Miami Beach, FL 33140

$45,000,000

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Beds: 5
Baths: 5 + 1 half
Sq ft: 4,970
Year built: 1937
Price per sq ft: $9,054

Listing courtesy of Daniel Hertzberg, Coldwell Banker Realty

About this home

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.

Details

Property

Type: Single Family Residence
Style: Detached, Two Story
Building: WF/Pool/Ocean Access
Year built: 1937
Lot size: 13,771 sq ft
Building name: SUNSET ISLANDS-ISLAND NO
Subdivision: SUNSET ISLANDS-ISLAND NO
County: Miami-Dade County
Faces: East
View: Bay, Pool, Water
Waterfront: Ocean Access, No Fixed Bridges
Flood zone: AE

Interior

Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring: Tile, Vinyl, Wood
Cooling: Central Air
Heating: Central
Laundry: Utility Room/Laundry
Features: First Floor Entry, Built-in Features, Cooking Island, Entrance Foyer, Volume Ceilings, Den/Library/Office, Utility Room/Laundry

Exterior and parking

Exterior: Lighting, Open Balcony
Patio and porch: Open Balcony, Open Porch
Pool: In Ground
Parking: Circular Driveway, Driveway
Garage spaces: 2
Construction: Concrete Block Construction

Community and fees

Association fee: $5,000 monthly
Annual taxes: $15,335
Terms: All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 15, 2026.