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5960 N Bayshore Dr
Single Family
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$8,500,000

$2125/sqft

5960 N Bayshore Dr, Miami

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5 bd·5 ba·4,000 sqft
Built 192227,007 sqft lotBayshore

5960 N Bayshore Dr, Miami, FL

5 bd · 5 ba · 4,000 sqft Single Family listed at $8,500,000, built in 1922 in the Bayshore neighborhood.

About this home

Welcome to Villa Las Palmas, a fully gated historic estate compound in the prestigious Morningside Miami neighborhood, set on a rare 26,900 sq ft oversized lot. The elegant two-story main residence features 4 bedrooms and 2.5 bathrooms, blending timeless architecture with refined living spaces. The property also includes two private 1-bedroom, 1-bath guest houses within a detached structure, ideal for extended family or private guest accommodations. Lush tropical landscaping and full perimeter gates create a true private estate retreat. Located just minutes from Biscayne Bay and walking distance to Morningside Park with waterfront views, boat access, tennis courts, and green space. A rare opportunity to own a large lot luxury property in historic Morningside Miami.

Property details

Price
$8,500,000
Bedrooms
5
Bathrooms
5
Interior
4,000 sqft
Price / sqft
$2125
Year built
1922
Lot size
27,007 sqft
Type
Single Family
Days on market
45
Est. property tax
$73,100/yr · $6,092/mo · 0.86% FL avg
Last sold
$1,250,000 · Sep 2012
Virtual tour

Estimated monthly payment

Down payment20% ($1,700,000)
Interest rate6.75%
Principal & Interest$44,105
Property Tax$7,792
Insurance$150
Total$52,046/mo

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Price history

$9.33M$4.36M$-619K$210K on Oct 89 (Sold)$290K on Nov 96 (Sold)$950K on Dec 03 (Sold)$1.50M on Nov 10 (Initial list)$1.40M on Feb 11 (Price change)$1.29M on Mar 11 (Price change)$1.29M on Mar 11 (Price change)$1.29M on Mar 11 (Initial list)$1.29M on Aug 11 (Price change)$1.29M on Sep 11 (Relisted)$1.29M on Nov 11 (Price change)$1.34M on Apr 12 (Initial list)$1.30M on Jun 12 (Price change)$1.30M on Jun 12 (Price change)$1.30M on Jul 12 (Relisted)$1.25M on Sep 12 (Sold)$8.50M on Feb 26 (Initial list)$8.50M on Mar 26 (Initial list)
$210K · Oct 89$8.50M · Mar 26
  1. Mar 11, 2026$8,500,000Initial list price
  2. Feb 3, 2026$8,500,000Initial list price
  3. Sep 14, 2012$1,250,000Sold
  4. Jul 16, 2012$1,299,000Relisted
  5. Jun 27, 2012$1,299,000Price change
  6. Jun 4, 2012$1,299,000Price change
  7. Apr 10, 2012$1,345,000Initial list price
  8. Nov 29, 2011$1,295,000Price change
  9. Sep 7, 2011$1,295,000Relisted
  10. Aug 8, 2011$1,295,000Price change
  11. Mar 31, 2011$1,295,000Initial list price
  12. Mar 30, 2011$1,295,000Price change
  13. Mar 29, 2011$1,295,000Price change
  14. Feb 7, 2011$1,395,000Price change
  15. Nov 23, 2010$1,495,000Initial list price
  16. Dec 11, 2003$950,000Sold
  17. Nov 13, 1996$290,000Sold
  18. Oct 31, 1989$210,000Sold

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 5960 N Bayshore Dr, Miami
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Home Intelligence

Neighborhood (zip 33137)

This neighborhood is primarily renter-occupied (26% owner-occupied). Median age is 34.3; 28% hold a bachelor's degree; median household income is $71,348.

Median income
$71,348
Median age
34.3
Owner-occupied
26.3%
Bachelor's degree
28.3%
Census median home value
$462,200

Source: US Census Bureau American Community Survey 5-year estimates.

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