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Waterfront · Condominium
$3,650,000$2,213 / sqft

400 Alton Rd, Miami Beach FL 33139

2
Bedrooms
2
Bathrooms
1,649 sqft
Interior
2003
Year built
$2,833 / mo
HOA
Condominium
Type

About this home

Completely reimagined penthouse at the iconic Murano Grande — like nothing you’ve ever seen before! Featuring over $500,000 in renovations with all assessments paid, this contemporary masterpiece is stunning and unlike any other residence in the building. Never before offered on the market, this is a rare opportunity for the buyer seeking something truly impossible to find. Designed for those who want what no one else has, this one-of-one penthouse delivers the ultimate South of Fifth lifestyle. Extensive custom renovations include premium designer finishes, upgraded infrastructure, imported Calacatta Macchia Vecchia stone surfaces, and major structural modifications, including a fully opened kitchen concept designed for entertaining. The state-of-the-art marble kitchen features integrated Sub-Zero appliances and a built-in wine chiller which anchors expansive living spaces highlighted by floor-to-ceiling glass and oversized balconies overlooking the water. Dramatic 11-foot ceilings create a loft-like atmosphere filled with natural light. The residence also features the line’s largest primary balcony, offering expansive outdoor living and entertaining space. Wide-plank white oak engineered flooring runs throughout, and the home is fully pre-wired for a whole-home AV and entertainment system. Enjoy panoramic bay and ocean views from every room. Just steps from the beach, shopping, and dining. Hard to find, impossible to duplicate, and unforgettable in every way.

Features

  • Other
  • Bay

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$21,289

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$18,456
HOA
$2,833 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Keller Williams Capital Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.