2312 Bay Ave

Listing details

Address

2312 Bay Ave

Price

$45,000,000

Status

Active for sale

Bedrooms

5

Bathrooms

5.5

Living area

4,970 sq ft

Year built

1937

Association fee

$5,000/month

Days on market

3

Listing description

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.

How this listing compares

Listed at $9,054 per square foot. In Miami Beach, the median closed price was $564 per square foot and the median time on market was 83 days.

Listing history

• 3 days on market.