by RH Advisors

See Home Value
$2,250,000
House - Off Market

2040 Alton Rd

Miami Beach, FL 33140
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3188 Sqft
$13,133
Estimated Monthly
$0
HOA / Fees
6.18%
Cap Rate

About This Property

Fantastic opportunity to own in the heart of Miami Beach. Rarely available 7,320sf lot with 3,224sf home. Home in need of full gut reno or can build new construction. Large formal dining and living room, impact windows, golf course views. Walk to Sunset Harbour, shops, Publix, Walgreens or Lincoln road. Brand new park just 1 block away. Motivated seller.
Unit Size
3,188Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$706
Property Type
House
Property Taxes
$2,084
HOA Dues
-
Year Built
1960
Last updated: 3 months ago (Miami MLS #A11350448)

Price History

Date / Event Date Event Price
Feb 22, 2024 No longer available -
No longer available
Mar 2, 2023 Listed by Douglas Elliman $2,250,000
Listed by Douglas Elliman
Jan 6, 2022 Sold $1,550,000
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,320
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 600
  • Total Building Area: 3,224
  • Gross Building Area: 3,224
  • Building Area: 3,188
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,188
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNSET LAKE SUB AMD PL
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 27-34 53 42 SUNSET LAKE SUB AMD PL PB 8-52 LOT 8 BLK 16 LOT SIZE 60.000 X 122 OR 9603 2417

Ownership

  • Current Owner : ALSALOUSSI ESTATE LLC
  • Previous Owner : 2040 ALTON ROAD LLC
  • Owner Before Previous Owner: SCHAPIRO LEIB
  • Owner Before Previous Owner 2: SCHAPIRO TIRTZA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004106

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 179
  • District: 02
  • Parcel: 02-3227-008-1480
  • Block: 16
  • Lot: 8
  • Meridian: SEC 27 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7976
  • Longitude: -80.1392

    Address

  • Full Address: 2040 Alton Rd
  • Address - House Number: 2040
  • Address - Street Name: Alton
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 4563
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 3,112
  • Tax Year: 2023
  • Tax Amount: $28,421
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,069,511
  • High Value: 2,263,911
  • Low Value: 1,875,111

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,162,500
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Feb 17, 2022
  • First Open Lien Mortgage Loan Amount: $1,162,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $1,576,262
  • Market Land Value: $1,039,439
  • Market Improvement Value: $536,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,464,349

    Sales

  • Current Sale Contract Date: Dec 23, 2021
  • Current Sale Recording Date: Jan 06, 2022
  • Current Sale Transaction ID: 11878776496
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16572
  • Previous Sale Recording Date: Oct 02, 2014
  • Previous Sale Contract Date: Sep 23, 2014
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
3,123 ft²
$848/ft²
$2,649,000 Jun 21, 2023
-
$1,803/mo
House
4 Beds
3 Baths
2,832 ft²
$952/ft²
$2,695,000 Jun 3, 2023
-
$1,697/mo
House
4 Beds
4 Baths
3,105 ft²
$853/ft²
$2,650,000 Aug 17, 2022
-
$2,138/mo
In Contract
House
4 Beds
4.5 Baths
2,474 ft²
$899/ft²
$2,225,000 May 23, 2023
-
$2,079/mo
Condo
3 Beds
3.5 Baths
2,179 ft²
$1,078/ft²
$2,350,000 Apr 18, 2023
-
$5,745/mo
Condo
3 Beds
3 Baths
1,440 ft²
$1,458/ft²
$2,100,000 Jun 15, 2023
-
$1,274/mo
Condo
2 Beds
4 Baths
1,919 ft²
$1,199/ft²
$2,300,000 Jul 14, 2022
-
$4,341/mo
Condo
2 Beds
3 Baths
1,733 ft²
$1,241/ft²
$2,150,000 Aug 7, 2023
-
$2,920/mo
Condo
2 Beds
3 Baths
1,733 ft²
$1,267/ft²
$2,195,000 Oct 7, 2022
-
$782/mo
Condo
2 Beds
2 Baths
1,463 ft²
$1,364/ft²
$1,995,000 Jan 9, 2023
-
$3,266/mo
Condo
2 Beds
3 Baths
1,633 ft²
$1,592/ft²
$2,599,000 Apr 30, 2023
-
$3,061/mo
Condo
2 Beds
3 Baths
1,733 ft²
$1,183/ft²
$2,050,000 Apr 14, 2023
-
$2,566/mo

About Bayshore


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Frequently Asked Questions

When was property at 2040 Alton Road built and last sold?
The property at 2040 Alton Road was built in 1960 and last sold on Dec 23, 2021 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 2040 Alton Road is $2,358,633.
What are some comparable homes to 2040 Alton Road?
Homes that are comparable to 2040 Alton Road include a house property at 2950 Alton Road, 2851 Prairie Avenue, 1445 16th Street.

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