All listings
Active
Active1 / 25
Photo 1 of 25
Waterfront · Condominium
$2,600,000$1,825 / sqft
400 Alton Rd # 1804, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,425 sqft
Interior
2003
Year built
$2,230 / mo
HOA
Condominium
Type
About this home
Unobstructed direct Biscayne Bay and marina views. The rarely available 04 line. An approximately 336-square-foot terrace accessible from the living room and both bedrooms. Offered for the first time in 16 years, Residence 1804 at Murano Grande is one of the most compelling direct bay-view opportunities in South of Fifth. This 1,425-square-foot residence offers two bedrooms, two and one-half baths, an ideal split floor plan and spectacular sunsets from every room. Designer wallcoverings, custom lighting, white porcelain floors and a marble kitchen with Miele and Sub-Zero appliances complete the interiors. Murano Grande offers a resort-style pool, fitness center, spa, tennis, on-site dining and 24-hour concierge service, moments from South Pointe Park, the beach and the celebrated restaurants of South of Fifth. An exceptional view, floor plan and location at a price that deserves serious attention.
Features
- Lobby
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Open Balcony
- Bay
Leasing
- Minimum lease
- 360 days
- Leases permitted per year
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$9,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.