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 Provided Courtesy of Coldwell Banker Realty at 305-672-6300
Property Details
Price:
$45,000,000
MLS #:
A12106623
Status:
Active
Beds:
5
Baths:
5.5
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
SUNSET ISLANDS-ISLAND NO
Neighborhood:
2320
Listed Date:
Oct 15, 2026
Finished Sq Ft:
4,970
Total Sq Ft:
6,111
Lot Size:
599,864,760 sqft / 0.32 acres (approx)
Year Built:
1937
See this Listing
Schools
Elementary School:
North Beach
Middle School:
Miami Beach Nautilus
High School:
Miami Beach
Interior
Appliances
Dishwasher, Dryer, Microwave, Refrigerator, Washer
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile, Vinyl, Wood, Other
Heating
Central
Interior Features
Built-in Features, Entrance Foyer, High Ceilings, Kitchen Island
Levels
Two
Exterior
Association Amenities
Security, Gated, Other
Attached Garage YN
1
Community
55+
Construction Materials
Block
Covered Spaces
2
Direction Faces
East
Exterior Features
Balcony, Lighting
Garage Spaces
2
Parking Features
Attached, Attached Garage, Circular Driveway, Driveway, Garage
Patio And Porch Features
Porch – Open, Porch
Roof
Other
Security Features
Security Patrol
Senior Community YN
1
View
Bay, Pool, Water
Waterfront Features
Ocean Access, Bay, No Fixed Bridges
Financial
HOA Fee
$5,000
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$15,335
Map
Community
- Address2312 Bay Avenue Miami Beach FL
- SubdivisionSUNSET ISLANDS-ISLAND NO
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33140
Market Summary
Current real estate data for Single Family in Miami Beach as of Nov 01, 2026
250
Single Family Listed
155
Avg DOM
1,991
Avg $ / SqFt
$10,734,483
Avg List Price
Property Summary
- Located in the SUNSET ISLANDS-ISLAND NO subdivision, 2312 Bay Avenue Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33140. It is listed for $45,000,000 and features 5 beds, 6 baths, and has approximately 4,970 square feet of living space, and was originally constructed in 1937. The current price per square foot is $9,054. The average price per square foot for Single Family listings in Miami Beach is $1,991. The average listing price for Single Family in Miami Beach is $10,734,483.
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