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!
Property Details
Price:
$1,690,000
MLS #:
A11866329
Status:
Active Under Contract
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
LAKE VIEW SUB
Neighborhood:
lakeviewsub
Listed Date:
Sep 2, 2025
Finished Sq Ft:
1,979
Total Sq Ft:
2,324
Year Built:
1967
See this Listing
Schools
Elementary School:
North Beach
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric
Flooring
Carpet, Tile
Heating
Central, Electric
Exterior
Architectural Style
Detached, One Story
Community Features
Sidewalks, Street Lights
Construction Materials
Concrete Block Construction
Exterior Features
Room For Pool
Parking Features
Driveway
Roof
Concrete
Financial
Tax Year
2024
Taxes
$4,627
Map
Community
- Address5127 Alton Rd Miami Beach FL
- SubdivisionLAKE VIEW SUB
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33140
Market Summary
Current real estate data for Single Family in Miami Beach as of Mar 21, 2026
367
Single Family Listed
185
Avg DOM
2,033
Avg $ / SqFt
$9,727,025
Avg List Price
Property Summary
- Located in the LAKE VIEW SUB subdivision, 5127 Alton Rd Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33140. It is listed for $1,690,000 and features 3 beds, 2 baths, and has approximately 1,979 square feet of living space, and was originally constructed in 1967. The current price per square foot is $854. The average price per square foot for Single Family listings in Miami Beach is $2,033. The average listing price for Single Family in Miami Beach is $9,727,025.
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