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$867,000

Beds
4
Baths
4.0
sq ft
3,410

5288 Alton Rd, Miami Beach, FL 33140

5288 Alton Rd

Miami Beach, FL 33140

  • 214 days on market
    • Price drop $105,000↓
New co-ownership opportunity: Own one-eighth of this turnkey home, professionally managed by Pacaso. Cool and contemporary, this new construction home 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. En-suite bathroom has a tiled shower and dual-sink vanity. Home comes fully furnished and professionally decorated.

Details

Property type

Single Family Residence

Est. home value

$5,318,727

Property condition

New Construction

Lot size

0.24 acres

Price per sq ft

$255

Year built

2021

Annual property taxes

$87,547

Price History

05/24/2024
SEF

SEF #A11495400

Price change
$867,000
-10.8%
12/04/2023
SEF

SEF #A11495400

Listed
$972,000
-82.87%
03/01/2022
SEF

SEF #A11149659

Sold
$5,675,000
+548.57%

Schools & Community

Neighborhood: 

La Gorce

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

First Republic Bank

Loan start date

March 2022

Original loan amount

$3,121,250

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Commercial

Seller

5288 Alton Road Llc

Lender

First Republic Bank

Loan start date

March 2022

Original loan amount

$3,121,250

Est. remaining balance

Not provided

Interest rate

3.45%

Loan type

Commercial

Seller

5288 Alton Road Llc

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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Status: Active

Tomo last checked: 07/05/2024 at 12:10 AM

Listing updated: 05/24/2024 at 2:04 PM

Listed by: Levi Meyer, Compass Florida, LLC Phone #: (305) 851-2820

MLS: SEF #A11495400

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