Fantastic development opportunity in the heart of Miami Beach. Located in Lakeview, one of the city’s most desirable neighborhoods, this oversized 8,850 sq.ft lot offers potential to create your dream home with up to 4,425 sq.ft of living space. The existi

5127 ALTON RD, Miami Beach

$1,690,000 USD 3 2
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Address5127 ALTON RD, Miami Beach
Building NameLAKE VIEW SUB
Type of PropertySingle Family Residence
Property StyleR30-No Pool / No Water
Price$1,690,000
Previous Price$1,750,000 (8 days ago)
Sold on25th March, 2026
Sold Price$1,250,000
Property StatusClosed
MLS NumberA11866329
Bedrooms Number3
Full Bathrooms Number2
Living Area1979
Lot Size8850
Year Built1967
Folio Number02-32-22-022-0140
Zoning Information0100
Days on Market212

Detailed 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 sq.ft lot offers potential to create your dream home with up to 4,425 sq.ft 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!

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33140
Address5127 ALTON RD
Section22
Zip Code (4 Digits)2002
Financial Information
Price$1,690,000
Price per Foot$0
Previous Price$1,750,000
Sold on25th March, 2026
Sold Price$1,250,000
Folio Number02-32-22-022-0140
Tax Amount$4,627
Tax Year2024
Terms of SaleCash
Type of ContingenciesBackup Contract/Call LA
Full Descriptions
Detailed DescriptionFantastic development opportunity in the heart of Miami Beach. Located in Lakeview, one of the city’s most desirable neighborhoods, this oversized 8,850 sq.ft lot offers potential to create your dream home with up to 4,425 sq.ft 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!
Property ViewGarden
Design DescriptionDetached, One Story
Roof DescriptionConcrete
Floor DescriptionCarpet, Tile
Interior FeaturesFirst Floor Entry, Garage Converted
Exterior FeaturesRoom For Pool
Furnished InformationUnfurnished
Equipment AppliancesDishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
Cooling DescriptionCentral Air, Electric
Heating DescriptionCentral, Electric
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionDriveway
Property parameters
Bedrooms Number3
Full Baths Number2
Living Area1979
Lot Size8850
Zoning Information0100
Year Built1967
Type of PropertySingle Family Residence
StyleR30-No Pool / No Water
Building NameLAKE VIEW SUB
Development NameLAKE VIEW SUB
Construction TypeConcrete Block Construction
Listed withColdwell Banker Realty