Largest vacant lot on North Bay Road listed for $20M

The Jills and 5840 North Bay Road
The Jills and 5840 North Bay Road

A nearly 1-acre waterfront lot on North Bay Road has been listed by Jill Hertzberg and Jill Eber of Coldwell Banker, The Jills announced on Monday.

The 37,895-square-foot property, at 5840 North Bay Road, was listed for $19.95 million. It’s currently the largest listed vacant lot on North Bay Road, an area known for its water views and celebrity real estate.

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The property, owned by Barish Family Investments LLC, features 191 feet of water frontage. The listing includes plans for a modern, two-story, 18,507-square-foot mansion designed by DOMO Architecture + Design. A 6,218-square-foot home, built in 1929, was previously part of the property. It last sold in November for $15.25 million, according to Miami-Dade property records.

“North Bay Road is such a desirable location because of its wide bay views,” Eber said in a statement. “This beautiful lot offers buyers a chance tobuild their dream estate, the way they want it, in one of Miami’s mostsought-after luxury residential areas.”

Earlier this year, Chicken Kitchen founder Christian de Berdouare listed a newly constructed mansion at 5004 North Bay Road. And in December, Oscar winner Matt Damon sold his estate at  6020 North Bay Road— Katherine Kallergis