4470 Alton Rd, Miami Beach, FL 33140 — MLS photo

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4470 Alton Rd, Miami Beach, FL 33140

Active · SingleFamilyResidence

$3,900,000

4470 Alton Rd, Miami Beach, FL 33140

Beds
2
Baths
2
Living area
2,197 sq ft
$ / sq ft
$1,775/sq ft
Year built
1952
Lot size
8,248 sq ft
HOA fee
—
Annual tax
—

About this property

*PRE-CONSTRUCTION* Discover a unique opportunity in the heart of Miami Beach 4470 Alton Rd, Nautilus: a generous, well-located lot, now with approved plans to build a luxury 4,000 ft residence with 5 bedrooms, 6.5 bathrooms, private entrance, large gardens and parking space. The price of $3.9 M includes full plans and permits (estimated total build cost US$6.9 M Perfect for those who want to build from scratch their dream home in one of Miami Beach's most desirable neighborhoods.

Property location

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4470 Alton Rd, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
2,197 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1952
Lot size
8,248 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11929441
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$13,726

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
4.5%
Mortgage payment
$18,488/mo
Down payment
$975,000
Loan amount
$2,925,000
Annual NOI
$57,144

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.