5838 Alton Rd, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active177 days on marketListed Feb 16, 2026MLS #A11966649
About this home
5838 Alton Rd, Miami Beach FL 33140
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.
Facts & features
The home at a glance
0.166 ac
Lot size
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$16,094 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$16,094/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside La Gorce
Get to know Miami Beach. See the full Miami Beach guide →
La Gorce — neighborhood snapshot
Population
2,385
Median age
54
Median income
$214,010
Median home value
$2,000,000
Avg household
3
Households w/ children
260
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 542% above the MIAMI BEACH 33140 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5838 Alton Rd
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Sep ’25$2,290,550
5460 Alton Rd, Miami Beach FL 33140 · same community
2 bd · 2.5 ba · 130 DOM
Sold · Dec ’25$2,550,000
5371 N Bay Rd, Miami Beach FL 33140 · same community
3 bd · 3 ba · 2,180 sqft · $1,170/sqft · 353 DOM
Sold · Dec ’25$2,900,000
6080 Alton Rd, Miami Beach FL 33140 · same community
5 bd · 3 ba · 2,264 sqft · $1,281/sqft · 243 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 5838 Alton Rd — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5838 Alton Rd — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
5838 Alton Rd FAQs
What would the monthly payment be for 5838 Alton Rd, Miami Beach FL 33140?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,094/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5838 Alton Rd, Miami Beach FL 33140?+
The most recent tax bill on record (2025) was $18,081. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $2,500,000, this home is listed about 285% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5838 Alton Rd, Miami Beach FL 33140?+
North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$2,500,000 runs 542% above the MIAMI BEACH 33140 median.
02Strong assigned schools
North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.
03The price has already moved
Listed at $2,895,000, now $2,500,000 — a $395K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Miles Goldstein Real Estate · Alan Eskenazi Bone. MLS #A11966649.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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