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+28 photosLuxury home — 3625 N Bay Homes Drive · Bay Homes Sub Db 338-23 · Miami
$4,999,000
3625 N Bay Homes Drive, Miami, FL 33133
Miami, FL, 33133
— bd · — ba · — sqft
Listed by Coldwell Banker Realty
3625 N Bay Homes Drive, Miami, FL 33133
Listed by Coldwell Banker Realty
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPresenting an amazing opportunity to acquire a one-of-a-kind lot to build an architectural masterpiece designed by renowned architects Varabyeu Partners on a beautiful tree-lined street in sought-after South Coconut Grove. Why wait two or three years for your dream home’s plans to be completed, approved, and ready to build? Make your dream a reality sooner with this exceptional opportunity to create the home you’ve always envisioned. Skip the long planning and approval process and take advantage of a property with the potential to get you closer to your dream home—without the years of waiting. Situated among a lush tropical setting in one of the Grove's finest bayfront streets, this enchanting 11,150 sf lot will accomodate a distinguished 9,000 sf+, 3-story property with 5br/5ba/1hb, featuring a basement with a 2-car garage, entertainment area, additional bedroom, and elevator. Once in the main level, a double volume foyer will greet you into a stunning interior that will comprise carefully designed spaces for the most demanding client. With some of Miami's best schools, restaurants, and entertainment just minutes away, this unique new construction is the canvas to your new lifestyle. Start building your future today!
Property Details
Your costs (est.)
3625 N Bay Homes Drive, Miami, FL 33133 · Miami
Location
3625 N Bay Homes Drive, Miami, FL 33133
What buyers ask about this home
What are the estimated monthly carrying costs at 3625 N Bay Homes Drive, Miami, FL 33133?+
Property tax (after sale): $6,169/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 3625 N Bay Homes Drive, Miami, FL 33133?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 3625 N Bay Homes Drive, Miami, FL 33133 need flood insurance, and what drives the premium?+
Most of Miami sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 3625 N Bay Homes Drive, Miami, FL 33133?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 3625 N Bay Homes Drive, Miami, FL 33133?+
This listing has been on the market 88 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami. Distinct neighborhoods, local dining and shopping, with downtown, Brickell and MiamiCentral as everyday destinations.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Coconut Grove Elementary School
Elementary · 1.1 mi from this home · 3351 Matilda St, Coconut Grove
Ponce De Leon Middle School
Middle school · 1.3 mi from this home · 5801 Augusto St, Coral Gables
Coral Gables Senior High School
High school · 1.5 mi from this home · 450 Bird Rd, Coral Gables
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
ST. Stephen'S Episcopal Day School
Elementary · Private · Catholic · Grades PK–5 · Coconut Grove
Somerset Academy Charter Middle School (South Miami Campus)
Middle school · Charter · Grades 6–8 · South Miami
Carrollton School-Sacred Heart
Pre-K & Kindergarten · Private · Catholic · Grades PK–12 · Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
Interested in this property?
$4,999,000 · MLS A12073361
$4,999,000
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