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5838 Alton Rd, Miami Beach FL 33140

Lots/Land For Sale
$2,500,000

BTC: 38.94711309

ETH: 1,418.08569775

-$395K (2026/05/29)
124 days
0 room(s)

Overview

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.

Location

Details

Type:
Land/Boat Docks
Parking:
No Data
Year Built:
No Data
Lot:
0.17 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,310,000
$794K – $3.7M
Confidence Low
List vs. estimate
$1.2M above estimate
List $2,500,000 · +90.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
30 MLS comparables
+ 20 public-records sales within 0.5 mi
Median actual sale: $3.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$18,081
2025
All facts and features
  • Lot

    • Lot: 0.17 Acres

    Other Property Information

    • Parcel Number: 02-32-15-003-0960

    • Zoning: 0100

  • Type and style

    • Property Type: Land/Boat Docks

    • Property Sub Type: Residential

  • Other financial information

    • Annual tax amount: $18,081

  • Source details

    • MLS ID: A11966649

    Other facts

    • Lot Features: Other

    • Direction Faces: East

    • Other Structures: None

    • Subdivision Name: LA GORCE GOLF SUB

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Miles Goldstein Real Estate