400 Alton Rd PH11, Miami Beach, FL 33139 — MLS photo

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400 Alton Rd PH11, Miami Beach, FL 33139

Active · Condominium

$3,650,000

400 Alton Rd PH11, Miami Beach, FL 33139

Beds
2
Baths
2
Living area
1,649 sq ft
$ / sq ft
$2,213/sq ft
Year built
2003
Lot size
—
HOA fee
$8,500 Quarterly
Annual tax
$16,165

About this property

Completely reimagined penthouse at the iconic Murano Grande — like nothing you’ve ever seen before! Featuring over $500,000 in renovations with all assessments paid, this contemporary masterpiece is stunning and unlike any other residence in the building. Never before offered on the market, this is a rare opportunity for the buyer seeking something truly impossible to find. Designed for those who want what no one else has, this one-of-one penthouse delivers the ultimate South of Fifth lifestyle. Extensive custom renovations include premium designer finishes, upgraded infrastructure, imported Calacatta Macchia Vecchia stone surfaces, and major structural modifications, including a fully opened kitchen concept designed for entertaining. The state-of-the-art marble kitchen features integrated Sub-Zero appliances and a built-in wine chiller which anchors expansive living spaces highlighted by floor-to-ceiling glass and oversized balconies overlooking the water. Dramatic 11-foot ceilings create a loft-like atmosphere filled with natural light. The residence also features the line’s largest primary balcony, offering expansive outdoor living and entertaining space. Wide-plank white oak engineered flooring runs throughout, and the home is fully pre-wired for a whole-home AV and entertainment system. Enjoy panoramic bay and ocean views from every room. Just steps from the beach, shopping, and dining. Hard to find, impossible to duplicate, and unforgettable in every way.

Property location

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400 Alton Rd PH11, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,649 sq ft
Flooring
Hardwood, Marble, Wood
Appliances
Dryer, Dishwasher, Electric Range, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
2003
Stories
38
Architectural style
Penthouse
Construction
Block
Exterior features
Other
Pool
Association
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space

HOA, Community & Financials

Association fee
$8,500 Quarterly
Fee inclusions
Amenities
Amenities
Clubhouse, Fitness Center, Pool, Tennis Courts
Security
Intercom, Key Card Entry, Lobby Secured
Pets allowed
Conditional, Yes
Annual tax
$16,165
Subdivision
MURANO GRANDE AT PORTOFIN
County
Miami-Dade
Days on market
115
MLS listing ID
A12021384
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

-$11,907

Cap rate
1.8%
Net yield
1.8%
Cash-on-cash return
-14.0%
Gross yield
4.3%
Mortgage payment
$17,303/mo
Down payment
$912,500
Loan amount
$2,737,500
Annual NOI
$64,754

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