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Waterfront · Condominium
$3,650,000$2,213 / sqft
400 Alton Rd, Miami Beach FL 33139
Listed
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
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,600–$10,000.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.