Lot/land

Price cut: $60K (1/4)

$1,690,000

5127 Alton Rd, Miami Beach, FL 33140

--beds

--baths

8,851.39Square Feet

Boat Slip

Built in ----

8,851.39 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

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!

126 days

316

9

Facts & features

Interior

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Property

Lot

Size: 8,851.39 Square Feet
Dimensions: 50 x 177
Features: Other
Residential vegetation: No Trees

Details

Additional structures: Other Bldg Incl
Parcel number: 0232220220140
Zoning: 0100

Community & HOA

Community

Subdivision: Lake View Sub

HOA

Has HOA: No

Location

Region: Miami Beach

Financial & listing details

Tax assessed value: $1,405,652
Annual tax amount: $4,627
Date on market: 9/2/2025
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

$7,065/mo

Price history

Date	Event	Price
1/4/2026	Price change	$1,690,000-3.4%
Source: MIAMI #A11866329 Report a problem
10/9/2025	Price change	$1,750,000-5.4%
Source: MIAMI #A11866329 Report a problem
9/2/2025	Listed for sale	$1,850,000
Source: MIAMI #A11866329 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$4,820 +2.9%	$297,710 +3%
2023	$4,685 +4.1%	$289,039 +3%
2022	$4,498 +0.6%	$280,621 +3%

Find assessor info on the county website

BuyAbility℠ payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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