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Single Family Residence
$2,350,000$822 / sqft
5842 Alton Rd, Miami Beach FL 33140
Listed
4
Bedrooms
4
Bathrooms
2,858 sqft
Interior
1937
Year built
None
HOA
Single Family Residence
Type
About this home
Announcing a rare opportunity to own this beautiful home designed by renowned Miami architect, Carlos B. Schoeppl. Located less than two blocks to La Gorce Country Club or the 59th St. pedestrian walkway to Biscayne Bay to view the sunsets. This two-story concrete home boasts a balcony, mature landscaping, and a large, gated Chicago Brick driveway courtyard that fits parking for three or more vehicles. This well-loved home retains many of the original features, including the large Florida Keystone porch, fireplace, built-ins, crown moldings and original hardwood floors. A spacious gym and home office feature soaring wood ceilings, which continue into the sunroom/playroom, creating a warm and inviting atmosphere. The flexible floor plan offers endless possibilities for renovation, expansion, or customization to suit your lifestyle.
Features
- First Floor Entry
- Built-in Features
- Den/Library/Office
- Florida Room
- Other
- Utility Room/Laundry
- Lighting
- Room For Pool
- Garden
Leasing
- Minimum lease
- Not stated
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals in Miami Beach, from 31 active listings; the middle half ask $13,000–$28,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.