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Waterfront · Condominium
$1,670,000$1,478 / sqft
90 Alton Rd # 1102, Miami Beach FL 33139
Listed
2
Bedrooms
2
Bathrooms
1,130 sqft
Interior
1999
Year built
$1,645 / mo
HOA
Condominium
Type
About this home
Beautifully renovated corner residence at the Yacht Club at Portofino in the highly desirable South of Fifth neighborhood. This contemporary furnished 2BD/2BA features breathtaking Biscayne Bay views, a spacious wraparound balcony, washer/dryer in unit, and one assigned parking space. Enjoy an exceptional waterfront lifestyle just steps from the beach, Miami Beach Marina, South Pointe Park, and the neighborhood’s renowned restaurants and shops. Building amenities include a waterfront pool and jacuzzi, fitness center, tennis courts, BBQ area, 24-hour security, and valet parking. Offering excellent flexibility for owners and investors, the building allows rentals with a minimum 30-day term. A wonderful opportunity to own a turnkey residence in one of Miami Beach’s most sought-after locations.
Features
- Walk-In Closet(s)
- Open Balcony
- Bay
- Water View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
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–$10,000.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.