Build your dream home or renovate the existing residence in an A+ location! Situated on a generous 9,800 SF lot
near top-rated schools, pristine beaches, and the vibrant shops and dining of 41st Street, this property offers
endless potential. Nestled in one of Miami Beach's most sought-after neighborhoods, it’s the perfect opportunity to
create a bespoke home tailored to your vision. Don’t miss the chance to craft your ideal lifestyle in this prime Mid-
Beach setting!
Listed 77.1% above estimated market value ($1,305,734 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
5127 Alton Rd, Miami Beach FL 33140
LAKE VIEW SUB · 1967
$1,250,000
Mar 24, 2026
$1,690,000
$632/sf
3
2
1,979
-26%
4601 Royal Palm Ave, Miami Beach FL 33140
SURPRISE LAKE · 1956
$1,700,000
Mar 17, 2026
$1,895,000
$865/sf
3
2
1,966
-10.3%
5120 CHEROKEE AVE, Miami Beach FL 33140
County records · 1942
$1,790,000
Dec 18, 2025
—
$891/sf
3
2
2,008
—
4449 POST AVE, Miami Beach FL 33140
County records · 1935
$2,037,000
Dec 17, 2024
—
$1,297/sf
3
2
1,571
—
4582 Royal Palm Ave, Miami Beach FL 33140
SURPRISE LAKE · 1951
$1,700,000
Mar 27, 2026
$1,699,999
$912/sf
2
2
1,864
+0%
3747 ROYAL PALM AVE, Miami Beach FL 33140
County records · 1931
$2,565,000
Feb 23, 2026
—
$1,120/sf
4
2
2,290
—
1050 W 47th St, Miami Beach FL 33140
NAUTILUS ADDN · 1937
$2,100,000
Aug 29, 2025
$2,500,000
$1,052/sf
4
3
1,996
-16%
3740 SHERIDAN AVE, Miami Beach FL 33140
County records · 1941
$2,125,000
Oct 22, 2025
—
$1,260/sf
2
1
1,686
—
4455 ALTON RD, Miami Beach FL 33140
County records · 1938
$1,870,000
Sep 2, 2025
—
$1,042/sf
4
3
1,795
—
3767 ROYAL PALM AVE, Miami Beach FL 33140
County records · 1939
$2,460,000
Oct 6, 2025
—
$1,087/sf
4
3
2,263
—
$1,700,000
Median Sale
$1,687,500
Trimmed Avg
$865/sf
Avg $/sqft
4 sales
Comps Found
Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.
