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Active - Other for sale

5838 Alton Rd, Miami Beach FL 33140

Facts & features

Other Property type
270 days on Beycome
7,231 sqft Lot size

Why you’ll love it

Positioned 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.

Translating description...

Listings courtesy of Miles Goldstein Real Estate.

Listed by: Alan Eskenazi Bone • 786-493-7772 • Miles Goldstein Real Estate

Co-listed by: Eli Eskenazi Bone • 786-493-7772 • Miles Goldstein Real Estate

Source: Miami MLS, MLS#: A11966649 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

Come see by yourself

Affordability

$1,625,000$3,375,000
1%20%
0%90%
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Estimated monthly payment

$14,148/mo

  • Mortgage$12,641
  • Property tax$1,507
  • HOA fee
  • Homeowners insurance
Due at closing$1,987,500
Down payment held in escrow$500,000
Closing costs$37,500
beycome credit Est.$50,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About La Gorce Golf Sub

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$2,500,000 Listed price

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$50,000 Credit back

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