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 family-friendly 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!
Coldwell Banker Realty
Features & Details
Learn about the features and details of 5127 Alton Rd
Property Details
Property Type
SingleFamilyResidence
Living Area
1,979 sqft
Year Built
1967
Lot Size
8,850 sqft
Stories
-
Annual Tax
$4,627.00
List Date
9/2/2025
Updated
9/2/2025
Last Checked
Recent
MLS Number
#A11866329
Brokerage
Coldwell Banker Realty
Postal Code
33140
Area
Miami-Dade
City
Miami Beach
Additional Property Features
Occupancy
CallAgent
List Price
$1,850,000.00
Unit Number
-
Construction
Block
Heating
Central,Electric
Fireplaces
-
Garage
-
Parking Type
No
Pets Allowed
No
Air Conditioning
Central Air, Electric
Elevator
No
Locker
No
Swimming Pool
None
Patio
Porch,Screened
Basement
No
Den
No
Central Vacuum
No
Garage Type
No
Additional Listing Information
Walk Score
–
Property Manager
-
Utilities Included
None
Furnished
No
Assessment Year
2024
Assignment
No
Extras Included
Dryer, Dishwasher, Electric range, Electric water heater, Refrigerator, Washer
Inside
Bedrooms & Baths
3 Bed, 2 Bath
Bedrooms
3
Full Bathrooms
2
Ensuite
Yes
Bathrooms
2
Flooring
Mixed
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Price history
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Mortgage Calculator
Estimate monthly payments for 5127 Alton Rd
$0
20.0%
$1,850,000
1%
5.25%
10%
25 Years
Monthly
Estimated Monthly Payment
$8,869
Show More Details
Cash Flow Analysis
Mortgage Payment:
$8,868.87
Monthly Payment:
$9,254.45
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.
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Discover this exceptional singlefamilyresidence in the heart of La Gorce, Miami Beach. This well-appointed property offers 3 bedrooms, 2 bathrooms, 1,979 square feet of living space situated on a 8,850 square foot lot. Originally built in 1967. Offered at $1,850,000.00 The property comes with Dryer, Dishwasher, Electric range, Electric water heater, Refrigerator, Washer. Don't miss this opportunity to own in one of the area's most desirable locations.
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Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.