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Waterfront · Condominium
$3,350,000$1,655 / sqft
400 Alton Rd # 1106, Miami Beach FL 33139
Listed
3
Bedrooms
3
Bathrooms
2,024 sqft
Interior
2003
Year built
$3,136 / mo
HOA
Condominium
Type
About this home
Discover exceptional waterfront living at Murano Grande in Miami Beach’s coveted South of Fifth neighborhood. This expansive 2,024-square-foot residence occupies the highly sought-after ’06 line, offering generous proportions, panoramic water views, and seamless indoor-outdoor living. The centerpiece is an impressive 500+ square-foot, extra-deep wraparound terrace, large enough to serve as a true outdoor living and dining room, with sweeping views of Biscayne Bay, Miami Beach Marina, the Miami skyline, and passing yachts and cruise ships. Originally designed as a three-bedroom residence, the floor plan was thoughtfully reconfigured to create expansive living and entertaining areas, a dedicated home office, and an upgraded eat-in kitchen with premium finishes and top-of-the-line appliances. Two generously sized bedrooms offer privacy and comfort, while water views are captured from virtually every room. Murano Grande recently completed a renovation of its common areas, including a redesigned waterfront pool deck, fitness center, spa, tennis court, on-site dining, beach cruisers, and 24-hour concierge. Ideally located in South of Fifth, just moments from the beach, marina, parks, and acclaimed dining.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Vaulted Ceiling(s)
- Den/Library/Office
- Other
- Open Balcony
- Bay
- Other View
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 3-bed rentals in Miami Beach, from 104 active listings; the middle half ask $9,900–$39,200.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.