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+17 photosLuxury home — 5838 Alton Road · La Gorce Golf Sub · Miami Beach
$2,500,000
5838 Alton Road, Miami Beach, FL 33140
Miami Beach, FL, 33140
— bd · — ba · — sqft
Listed by Miles Goldstein Real Estate
5838 Alton Road, Miami Beach, FL 33140
Listed by Miles Goldstein Real Estate
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPositioned in one of Miami Beach’s most desirable and centrally located residential corridors, this exceptional 7,225 Sq.Ft. lot presents a rare opportunity to create a custom luxury residence in a highly sought-after neighborhood. Surrounded by established homes and just minutes from world-class dining, shopping, beaches, and top-rated schools, the property offers both convenience and long-term value.The property is being offered with plans to build a brand-new residence, providing buyers with a significant head start toward developing their dream home. Whether envisioning a modern architectural masterpiece or a timeless coastal estate, this lot delivers the ideal canvas for new construction in a prime Miami Beach location.With strong redevelopment activity throughout the area, this offering represents an outstanding opportunity for end users, investors, or developers looking to capitalize on the potential of building a brand-new home in a thriving market. The combination of location, lot size, and included plans makes this a compelling and turnkey development opportunity.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 14%
The seller has come down from $2,895,000 to $2,500,000 — a $395,000 reduction since it came on the market.
270 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
5838 Alton Road, Miami Beach, FL 33140 · Miami Beach
Location
5838 Alton Road, Miami Beach, FL 33140
What buyers ask about this home
What are the estimated monthly carrying costs at 5838 Alton Road, Miami Beach, FL 33140?+
Property tax (after sale): $3,034/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 5838 Alton Road, Miami Beach, FL 33140?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 5838 Alton Road, Miami Beach, FL 33140 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 5838 Alton Road, Miami Beach, FL 33140?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 5838 Alton Road, Miami Beach, FL 33140?+
This listing has been on the market 270 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
North Beach Elementary School
Elementary · 1.7 mi from this home · 4100 Prairie Ave, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 1.7 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 2.8 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
Advance Christian Academy
Pre-K & Kindergarten · Private · Christian · Grades K–12 · North Miami
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
Simon Gedz
Realtor® since 1995
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$2,500,000 · MLS A11966649
$2,500,000
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