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9860 NE 5th Avenue Rd, Miami, FL, 33138

6beds
8baths
8,109sqft
$8,500,000
$1,048price/sqft
$68,826/moest. monthly cost
$2,753,040/yrincome needed

About This Home

Introducing a new Spec home on an ½ acre corner lot, blending modern design and exceptional craftsmanship. Inside, large-format insulated 11' tall windows fill the first floor w/a flood of natural light, showcasing the lush greenery & pool. Italian Kitchen is Poliform w/ a large island and Miele's appliances. The Kitchen is integrated with the family room, a formal Dining, large reception with home theater seating. On the 2nd floor, a Primary suite is a retreat w/zero-gravity bathtub, Large WIC, & 1300 sq.ft of wraparound balconies, w/4 more suites with their own WIC & Full Bathroom. Total under AC 8,500 s.f. The backyard is a paradise, w/outdoor full Kitchen under AC and a cabana bath. 4-car garage Under AC w /gym, guest or Maid room w/ full bath at the top.

Getting Around

48
WalkingCar-Dependent
43
TransitSome Transit
52
BikeBikeable

Schools

6/10
5/10
3/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2024

Materials

  • Roof: Flat Roof With Facade Front
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Trash Compactor,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Gas Range,Refrigerator,Self Cleaning Oven,Oven,Washer,Water Softener Owned
  • Laundry features: Sink,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Features

  • Built-in Features,Closet Cabinetry,Kitchen Island,Walk-In Closet(s)
  • Door features: High Impact Doors
  • Window features: Clear Impact Glass,Blinds,Drapes,High Impact Windows

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 9,639
  • Total interior livable area: 8,109 sqft

Property

Details

  • Parcel number: 1132060172060
  • Zoning: 1300
  • Other equipment: Whole House Permanent Generator

Features

  • Stories: 2
  • Entry location: First Floor Entry
  • Private pool: Yes
  • Pool features: In Ground,Equipment Stays,Heated,Pool Only,Community
  • Patio & porch: Wrap Around
  • Exterior features: Barbecue,Built-in Barbecue,Balcony
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 0.50 Acres
  • Features: 1/2 To Less Than 3/4 Acre Lot

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Driveway,Electric Vehicle Charging Station(s),Garage Door Opener,Garage Apartment
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $42,980$515,760
Home Insurance *$8,050$96,600
Property Taxes $16,980$203,760
Electricity $816$9,792
Total$68,826$825,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$2,359,748/yr
40% on housing$2,064,780/yr
45% on housing$1,835,360/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,048This listing

vs Other Active Listings

Avg $/sqft

ZIP 33138$689
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33138$740
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-11Price change$8,500,000
2026-01-07Price change$8,900,000
2025-10-02Listed for sale$9,800,000
2025-08-18Listing removed$10,875,000
2025-05-05Price change$10,875,000
2025-04-09Price change$11,800,000
2025-02-05Price change$12,800,000
2024-10-22Listed for sale$13,500,000
2022-04-22Listing removed--
2022-03-05Listed for sale$7,300,000
2021-05-03Sold$970,000
2021-03-30Pending sale$800,000
2021-03-12Listed for sale$800,000

New Construction

AgentIrene Dakota PA
BrokerageMetro 1

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