5288 Alton Road 2, Miami Beach, FL 33140 — MLS photo

Get More Info About This Property

5288 Alton Road 2, Miami Beach, FL 33140

Active · SingleFamilyResidence

$675,000

5288 Alton Road 2, Miami Beach, FL 33140

Beds
4
Baths
4
Living area
3,410 sq ft
$ / sq ft
$198/sq ft
Year built
2021
Lot size
—
HOA fee
—
Annual tax
—

About this property

New co-ownership opportunity by Pacaso: Own one-eighth of Casa Estrada, a professionally managed, turnkey home. Cool and contemporary, this home sits on a beautifully landscaped corner lot offers elegance and privacy. The backyard features an inviting pool and spa, plus a covered outdoor kitchen and lounge. The open plan main floor includes a wall of built-in cabinetry, a sleek dining space and a gourmet kitchen with a six-burner Viking cooktop, Sub-Zero double refrigerator and double freezer, a wine fridge and a glass-enclosed 80-bottle wine rack. Upstairs is the spacious primary bedroom with a window wall, a giant closet and access to an upper patio overlooking the pool. The en suite bathroom has a tiled shower and dual-sink vanity. Fully furnished and professionally decorated.

Property location

Get Directions

5288 Alton Road 2, Miami Beach, FL 33140

Loading property location…

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,410 sq ft

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2021
Lot size
0 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
R11151899
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

$2,532

Cap rate
10.2%
Net yield
10.2%
Cash-on-cash return
16.1%
Gross yield
14.2%
Mortgage payment
$3,200/mo
Down payment
$168,750
Loan amount
$506,250
Annual NOI
$68,785

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