Home
Residential
Type
Listing courtesy of
Miles Goldstein Real Estate
Alan Eskenazi Bone
MLS® #A11966649
Listing information last updated May 29, 2026
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Overview
This residential in Miami Beach is listed for sale at $2,500,000.
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.
Listing history
Price reduced
↓ $250,000 from $2,750,000 · May 29, 2026 · MIAMI MLS
$2,500,000
Listed for sale
Feb 16, 2026 · MIAMI MLS
$2,895,000
Days on market
as of today
155 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$18,081
FEMA flood zone
AE
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
Location
5838 Alton Rd, Miami Beach FL 33140
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 155 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.