5288 Alton Road 3, Miami Beach, FL 33140 — MLS photo

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5288 Alton Road 3, Miami Beach, FL 33140

Active · SingleFamilyResidence

$750,000

5288 Alton Road 3, Miami Beach, FL 33140

Beds
4
Baths
4
Living area
3,410 sq ft
$ / sq ft
$220/sq ft
Year built
2021
Lot size
—
HOA fee
—
Annual tax
$11,212

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

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5288 Alton Road 3, Miami Beach, FL 33140

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Facts & features

Interior

Bedrooms
4
Bathrooms
4
Living area
3,410 sq ft
Appliances
Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bathtub, Dual Sinks, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
SingleFamilyResidence
Year built
2021
Stories
2
Lot size
0 sq ft
Construction
CBSConcrete Block Structure, Block
Pool
Pool
Spa
Heated, In Ground
View
Bay

Parking

Garage spaces
2
Covered spaces
2
Parking features
Attached, Garage, Two Or More Spaces

HOA, Community & Financials

Amenities
Pool
Pets allowed
No
Annual tax
$11,212
Subdivision
LA GORCE GOLF SUB
County
Miami-Dade
Days on market
161
MLS listing ID
B26027093
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

$2,454

Cap rate
9.6%
Net yield
9.6%
Cash-on-cash return
14.0%
Gross yield
13.1%
Mortgage payment
$3,555/mo
Down payment
$187,500
Loan amount
$562,500
Annual NOI
$72,109

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