Interior
- Bedrooms
- 6
- Bathrooms
- 5
- Living area
- 5,775 sq ft
Active · SingleFamilyResidence
$28,800,000
5005 Lakeview Dr, Miami Beach, FL 33140
- Beds
- 6
- Baths
- 5
- Living area
- 5,775 sq ft
- $ / sq ft
- $4,987/sq ft
- Year built
- 1932
- Lot size
- 47,540 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
Rare waterfront opportunity on prestigious Lakeview Drive in Miami Beach. Situated on an expansive 47,540 SF lot, this prime property offers endless potential to build a one-of-a-kind estate in one of Miami Beach’s most sought-after neighborhoods. Enjoy direct waterfront living with ocean access, surrounded by luxury homes and just minutes from top dining, shopping, and beaches. A truly exceptional offering for developers or end-users looking to create a signature residence.
Property location
Get Directions5005 Lakeview Dr, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1932
- Lot size
- 47,540 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11989132
- 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
-$118,291
- Cap rate
- 0.8%
- Net yield
- 0.8%
- Cash-on-cash return
- -17.6%
- Gross yield
- 3.7%
- Mortgage payment
- $136,527/mo
- Down payment
- $7,200,000
- Loan amount
- $21,600,000
- Annual NOI
- $218,826
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.