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Waterfront · Townhouse
$3,300,000$1,886 / sqft
90 Alton Rd # 8, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
1,750 sqft
Interior
1999
Year built
$1,960 / mo
HOA
Townhouse
Type
About this home
Rarely available, stunningly renovated and turn-key three-bedroom townhome offering spectacular views at the prestigious Yacht Club at Portofino, in Miami Beach’s exclusive South of Fifth neighborhood. This refined 1,750 SF waterfront home, perfectly poised on the 3rd and 4th floors, enjoys gorgeous unobstructed views of Biscayne Bay, Miami skyline, and the marina from every room. Flooded with natural light, the main level features an oversized open living space with private balcony, separate dining area, Italian porcelain floors, custom cabinetry, quartz countertops, upscale appliances, dedicated laundry room, and discreet under-stairs storage. A staircase highlighted by a glass railing, statement chandelier, and floor-to-ceiling bayfront window leads you upstairs. The second floor encompasses two guest bedrooms, guest bath, and primary suite with oversized walk-in closet, en-suite bath, and private balcony to enjoy spectacular sunsets. Additional conveniences include a prime parking space at entry door, stylish furnishings, and walkability to the beach, South Pointe Park, and world-class dining. Resort-style amenities include a waterfront pool, fitness center, tennis, BBQ, 24-hour security/valet, onsite market/café, a liberal rental/pet policy, and direct marina access.
Features
- Closet Cabinetry
- Walk-In Closet(s)
- Open Balcony
- Bay
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,650–$3,300.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.