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$3,800,000

Beds
5
Baths
4.5
sq ft
4,267

5101 Alton Rd, Miami Beach, FL 33140

5101 Alton Rd

Miami Beach, FL 33140

  • 36 days on market
Stunning gated Mid-Century Mediterranean-style home in the heart of Miami Beach. Situated on a DOUBLE-sized lot adorned with beautiful, moss-covered old trees, this property offers a tranquil environment. The two-story home features 5 bedrooms and 4.5 baths, including a formal dining room, family room, and Florida room. The current owner has updated the home while preserving its original charm and character. Fabulous formal entry boasts stunning onyx floors, complemented by original wood floors in perfect condition. The entire property is fenced and gated. Property has 2 entrances, one on 51st street and the other on Alton Rd. Located in Lakeview neighborhood. Minutes from beach, schools, park & rec centers, I-95 causeways, Mount Sinai Hospital, restaurants, supermarkets and more...

Details

Property type

Single Family Residence

Est. home value

$4,193,315

Lot size

0.4 acres

Price per sq ft

$891

Year built

1941

Annual property taxes

$20,668

Price History

05/27/2024
SEF

SEF #A11594951

Listed
$3,800,000
-2.56%
05/26/2024
SEF

SEF #A11488874

Removed
$3,900,000
04/02/2024
SEF

SEF #A11488874

Price change
$3,900,000
-6.7%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$2,745,522
Asking price
$3,800,000
Closing costs (~8% of asking)
-$304,000
Est. remaining loan balance
-$750,478
Cash to seller
$2,745,522

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

March 2018

Original loan amount

$851,500

Est. remaining balance

$750,478

Interest rate

4.22%

Loan type

New Conventional, 30 year

Seller

Margarit Prieto

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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435 W 51st St, Miami Beach, FL 33140

Status: Active

Tomo last checked: 07/02/2024 at 7:30 PM

Listing updated: 06/06/2024 at 5:24 PM

Listed by: Ruth Abeckjerr, Miami Connections Realty LLC Phone #: (305) 542-4823

MLS: SEF #A11594951

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