$32.5 Million Miami Beach Waterfront Estate Redefines Modern Luxury Living on Iconic North Bay Road
A Landmark of Modern Sophistication on North Bay Road
Commanding a coveted position along Miami Beach’s iconic North Bay Road, this $32.5 million estate at 5300 N Bay Rd stands as a statement of elegance and exclusivity. Developed by Menin Homes and designed by acclaimed architect Zeb Jarosz, the residence spans 6,023 square feet on a 0.29-acre waterfront lot, offering sweeping bay and Miami skyline views that define Florida’s coastal prestige.
Originally built in 1998 and completely reimagined for today’s luxury buyer, this architectural masterpiece marries timeless design with a sense of contemporary ease. Featuring seven bedrooms and eight bathrooms, the home is divided between a main residence and a detached guesthouse, a composition that balances privacy, functionality, and resort-like comfort.
“North Bay Road is synonymous with Miami Beach’s most extraordinary waterfront properties,” said Marko Gojanovic of One Sotheby’s International Realty in an exclusive with Luxury Houses Magazine. “This Miami Beach real estate captures the essence of tropical modernism while preserving the intimacy and soul of a true home.”
Light, Texture, and Design Harmony
Step through the grand entryway, and the interiors reveal a calm dialogue between light and materiality. The soaring 12-foot ceilings and Marmorino plaster walls reflect soft daylight across warm wood floors, while a bamboo-flamed travertine fireplace serves as the sculptural centerpiece of the main salon. Every inch of the home showcases artisanal precision, from the custom millwork to the bespoke ITALKRAFT kitchen featuring Sub-Zero and Wolf appliances.
The flow between living, dining, and entertainment areas is seamless, enhanced by panoramic glass doors that open toward the bayfront terrace. “The sense of air, light, and proportion here is unlike anything else on the market,” Roberto Quiroz, co-listing agent with One Sotheby’s, told Luxury Houses. “Every detail was curated to elevate both aesthetics and daily living.”
The primary suite functions as a private sanctuary, a world within a world. It features dual bathrooms, his-and-hers dressing rooms, a steam room, sauna, and a terrace with a cold plunge overlooking Biscayne Bay. The fusion of Italian craftsmanship and Floridian sensuality creates an experience that feels at once bespoke and organic.
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An Outdoor Sanctuary Along the Bay
The exterior of 5300 N Bay Rd celebrates Miami Beach’s sun-drenched lifestyle. A newly built heated pool and jacuzzi, paired with a Cocoon outdoor shower and custom BBQ pavilion, form a luxurious playground for relaxation and entertaining. Every gathering space opens toward the water, allowing the gentle rhythms of the bay to frame daily life.
Architect Zeb Jarosz described the design philosophy to Luxury Houses Magazine: “We envisioned a home that breathes with its environment, one where the materials, the views, and the tropical light converse naturally. It’s architecture as a form of living art.”
Complementing its beauty, the residence integrates Control4 smart-home automation, Apparatus lighting, and ATRA furnishings for a touch of cutting-edge sophistication. With hurricane-impact doors, full generator backup, and contemporary building systems, the property ensures peace of mind without compromising aesthetics.
History and Provenance: A Legacy of Transformation
The estate’s recent price history reveals its ascent among Miami Beach’s luxury elite. Previously sold for $2.8 million in 2000, the home underwent a major transformation under Menin Homes’ direction, emphasizing craftsmanship, proportion, and waterfront integration. By April 2024, it changed hands again at $16,118,750, before its latest reintroduction to the market in October 2025 at $32,500,000, a testament to its architectural evolution and the surging value of Miami Beach real estate.
According to Luxury Houses, the property’s architectural provenance and prime location place it among the city’s most desirable listings. While the identity of the current owner remains private, Gojanovic noted that “the seller is a visionary entrepreneur who reimagined this home not as an investment, but as a legacy project.”
Miami Beach Lifestyle: The Pinnacle of Waterfront Living
Beyond the gates of 5300 N Bay Rd, residents enjoy the best of Miami Beach real estate, where luxury meets lifestyle. The home is just minutes from the La Gorce Country Club, Lincoln Road’s designer boutiques, and the vibrant Faena District. Fine dining options such as Joe’s Stone Crab, Carbone Miami, and Casa Tua are nearby, as are top-tier marinas for yacht enthusiasts.
Transportation convenience adds another layer of appeal: the Miami International Airport lies just a 20-minute drive away, and the Design District and Downtown Miami are easily accessible. “Owning a home in Miami Beach for sale like this one means living at the intersection of art, design, and the ocean,” said Quiroz. “There’s a rhythm here that can’t be replicated anywhere else.”
SEE MORE: A $9 Million Mid-Century Gem on Miami Beach Blending Timeless Architecture and Waterfront Serenity
A Masterpiece for the Discerning Collector
With its commanding location, refined materials, and holistic design, 5300 N Bay Rd exemplifies what discerning buyers seek in a Miami Beach home for sale: architectural integrity, panoramic beauty, and the promise of an enduring lifestyle. Every element, from its travertine finishes to its waterfront pool, reflects a rare harmony between human craftsmanship and natural splendor.
Luxury Houses reached out to representatives from Menin Homes for further comment on the estate’s next chapter, but they declined to share ownership details. That discretion, however, only adds to the mystique of a property already destined to be one of Miami Beach’s most iconic residences.
5300 N Bay Rd is not merely a home; it’s a statement of coastal artistry and modern sophistication, a living sculpture poised above Biscayne Bay. For those seeking a property that transcends trends and defines Miami Beach’s architectural narrative, this residence stands unrivaled. To know more about Miami Beach home for sale, view on Zillow listing.
For inquiries or to schedule a private showing, please contact:
Marko Gojanovic
774-239-9514
One Sotheby’s International Re
Roberto Quiroz
786-613-8660
One Sotheby’s International Re
* This property might not for sale at the moment you read this post; please check property status at the above Zillow or Agent website links*
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