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Land in Miami Beach, FL 33140Lake View, 5127 Alton Rd
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OFF MARKET
0.2
AcreStatus
OFF MARKETExpired
Size
0.2 Acres (822 m2)
Price
$8,450,000/Acre ($2,055/m2)
Type
Land
MLS Number
A11866330
On Site
378 Days
Updated
194 Days ago
Page Views
0
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!
Features
All features
- Property SqFt: 8850
- Remarks: 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!
- Internet Remarks: 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!
- Waterfront: No info
- Directions: East
- Days on Market: 184
- Office Name: Coldwell Banker Realty
- Area: 8850
- Taxes: 4627
- Tax Year: 2024
- Listing Date: 2025-09-02T12:02:06.000-00:00
- Lot Size Square Feet: 8850
Apples-to-Apples Comparables
Price History
Current
$1.7M
High
$1.9M
Low
$1.7M
Total Change
-8.6%Date
Event
Price
Change
Price Per
01/04/2026
Price Reduced
$1.7M
-3.43%$191 ft2
$2,055 m2
10/09/2025
Price Reduced
$1.8M
-5.41%$198 ft2
$2,128 m2
08/27/2025
Listed
$1.9M
$209 ft2
$2,250 m2
01/04/2026
$1.7M
Event
Price Reduced
Change
-3.43%Price Per
$191 ft2
$2,055 m2
10/09/2025
$1.8M
Event
Price Reduced
Change
-5.41%Price Per
$198 ft2
$2,128 m2
08/27/2025
$1.9M
Event
Listed
Price Per
$209 ft2
$2,250 m2
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 .
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Scores
69
100
51
100
48
100
67
100
0
100
42
100
0
100
Community Snapshot
1 – 6 BR
Bedrooms
$180K – $28.8M
Price Tier
500 - 7,451
SqFt Range
1948
Year Build
2
Total Floors
Subdivision Amenities
Laundry
Pool
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