LAKE VIEW SUB

5127 Alton Rd, Miami Beach FL 33140

3 beds · 2 baths · 1,979 ft²

Closed

$1,690,000

8.65%

Est. Payment $8,995/mo

MLS Sheet Video

3

Bedrooms

2

Bathrooms

1,979

Sq. Ft.

1967

Year Built

178

Days on Market

Description

Fantastic development opportunity in the heart of Miami Beach. Located in Lakeview, one of the city’s most desirable neighborhoods, this oversized 8,850 SqFt lot offers potential to create your dream home with up to 4,425 SqFt of living space. The existing 1967 home has been well maintained and is livable with a new AC unit. While it still features original finishes, it can be rented while you finalize plans and permits. The garage has been converted into an additional room, and a half bath has been added (not reflected in tax roll). This neighborhood is steps from the bay and beach, and minutes from Mount Sinai Medical Center, La Gorce Country Club, top-rated schools, and I-195. Design and build your dream Miami Beach retreat - endless possibilities await!

Facts

MLS#
A11866329
Subdivision
LAKE VIEW SUB
Property Type
Residential
Property Sub Type
Single Family Residence
Year Built
1967
Lot Size
8,850 ft²
Sq. Ft.
1,979 ft²
Sq. Mt.
184 m²
Price per sq. ft.
$854/ft²
Price per sq. mt.
$9,185/m²
Stories
Garage
Pool
Days on Market
178 days
Listed
Sep 2, 2025
Last Updated
Mar 25, 2026
Price/Lot Sq.Ft.
$191/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

45

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

3/25/2026Sold$1,690,000
1/4/2026Price change$1,690,000-8.6%
9/2/2025Listed for sale$1,850,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

5127 Alton Rd, Miami Beach FL 33140Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$10,553/mo

Principal & Interest

$8,995

Property Tax

$1,408

Insurance

$150

HOA

$0

20% ($338,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

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