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Single Family Residence
$5,495,000$1,088 / sqft
2050 Alton Rd, Miami Beach FL 33140
Listed
4
Bedrooms
4
Bathrooms
5,052 sqft
Interior
1929
Year built
None
HOA
Single Family Residence
Type
About this home
Now competitively repositioned to capture one of Miami Beach’s most compelling lifestyle opportunities. Behind gates on a rare 13,515 SF double lot, this 1929 Mediterranean estate offers over 5,300 SF and 6+ bedrooms of architectural character and flexibility—paired with something increasingly rare: true walkable access to Lincoln Road, Sunset Harbour, and the Venetian Causeway. Located steps from one of Miami Beach’s most vibrant neighborhoods, dining, wellness, shopping, and everyday conveniences are just minutes away. Over 20 restaurants and cafés, yoga and fitness studios, three grocery stores, and the new Whole Foods opening one block away create an unmatched lifestyle location. Inside, soaring ceilings and original red oak floors blend timeless architecture with updated comfort. Marble baths, an updated kitchen, a new roof, and a saltwater pool complete the offering, while the expansive tropical backyard creates a rare private retreat so close to Sunset Harbour. The fully renovated detached guesthouse adds exceptional flexibility: • Pool-level studio ideal for a lounge, gym, office, or creative space • Separate upper-level apartment perfect for an au pair, nanny, extended family, or rental income. For buyers seeking estate-scale space without sacrificing walkability, this opportunity stands apart.
Features
- First Floor Entry
- Built-in Features
- Entrance Foyer
- French Doors
- Pantry
- Skylight
- Walk-In Closet(s)
- Wet Bar
- Attic
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 30 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.