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Single Family Residence
$4,950,000$1,027 / sqft
5812 Alton Rd, Miami Beach FL 33140
Listed
7
Bedrooms
7
Bathrooms
4,822 sqft
Interior
1924
Year built
None
HOA
Single Family Residence
Type
About this home
Newly renovated 1920s compound in Miami Beach’s prestigious La Gorce Country Club enclave, once owned by Carl Fisher. Set behind lush, mature landscaping, this private tropical sanctuary is framed by towering trees and layered greenery. The estate offers 3 residences totaling 7Bedroom/7BA, ideal for hosting or multigenerational living. The main residence features 4 en-suite bedrooms, complemented by 2 private guest homes—each with a kitchen, including a poolside residence (1BD/2BA/Den) and a second above the garage (2BD/1BA). Interiors showcase handcrafted wood cabinetry, quartz counters, Cuban tile, and wide oak floors. A 38-ft heated infinity pool anchors the grounds, with a Chicago brick driveway for 8 cars and a 2-car garage, delivering a tranquil, secluded ambiance with generous functional space.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- French Doors
- Pantry
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Separate Guest/In-Law Quarters
- Studio Apartment
- Utility Room/Laundry
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 7-bed rentals across Miami-Dade, from 21 active listings; the middle half ask $18,000–$60,000.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.