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!

Features

Bedrooms

Bedrooms: 3

Bathrooms

Bathrooms: 2
Half Bathrooms: No info

Exterior and Lot Features

Exterior Features: EnclosedPorch, Fence, RoomForPool
View: Garden

Interior, Heating and Cooling

Interior Features: BedroomOnMainLevel, FirstFloorEntry
Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Refrigerator, Washer
Heating Description: Central,Electric
Cooling Description: CentralAir,Electric

Building and Construction

Floor Description: Carpet,Tile
Year Built: 1967
Year Built Description: Resale
Style: Detached,OneStory

Waterfront and Water Access

Waterfront Frontage: No info

School Information

Elementary School: North Beach
Middle School: Nautilus
Senior High School: Miami Beach

Other Property Info

Garage: No info
Listing Date: 2025-09-02T11:42:28.000-00:00
Directions: East

Taxes, Fees & More

Taxes: 4627
Parking Description: Driveway

Price History

08/27/2025

Date

Listed

Event

$1.9M

Price

$935 ft² / $10,062 m²

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Lisa Newman • Coldwell Banker Realty • Buyer Agency Compensation .

Instant Comps

Closed

Active

$100/ft²

$400/ft²

$900/ft²

$1,400/ft²

Unit 5127 Alton Rd – Asking

$935/ft²

(+24%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$756/ft²

Community $/Price Range (Closed) $210/ft² – $1210/ft²

Unit	Bed/Bath	Size SqFt	$/SqFt	Exposure	View	Sold	Closed Date
4951 Cherokee Ave	3/2	1,985	$756	West	Garden	$1,500,000	7/10/2025

Unit: 4951 Cherokee Ave

Bed/Bath: 3/2Size SqFt: 1,985$/SqFt: $756Exposure: WestView: GardenSold: $1,500,000Closed Date: 7/10/2025

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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Lake View, 5127 Alton Rd, Miami Beach, FL 33140

Details

Price History

Instant Comps

THINKING OF SELLING IN Lake View at Miami Beach?

Miami Beach High-End Homes & Condos

Miami Beach
High-End Homes & Condos