When was property at 5005 Lakeview Drive built and last sold?

The property at 5005 Lakeview Drive was built in 1932 and last sold on Feb 18, 2021 for $6,500,000.

How much is this home worth?

The estimated value of the home located at 5005 Lakeview Drive is $29,088,000.

What are some comparable homes to 5005 Lakeview Drive?

There are currently no comparable homes to 5005 Lakeview Drive.

Miami Beach

33140

Lake View

5005 Lakeview Dr

Map

$28,800,000

● House - For Sale

5005 Lakeview Dr

Miami Beach, FL 33140

6 Beds

5 Baths

5,775 Ft²

$157,263

Est. Monthly

About This Property

Rare waterfront opportunity on prestigious Lakeview Drive in Miami Beach. Situated on an expansive 47,540 SF lot, this prime property offers endless potential to build a one-of-a-kind estate in one of Miami Beach's most sought-after neighborhoods. Enjoy direct waterfront living with ocean access, surrounded by luxury homes and just minutes from top dining, shopping, and beaches. A truly exceptional offering for developers or end-users looking to create a signature residence.

Unit Size

5,775 Ft²

Days on Market

205 days

Land Size

1.09 acres

Price per sqft

$4,987

Property Type

House

Property Taxes

$15,850

HOA Dues

Year Built

1932

Listed By

The Corcoran Group

The Corcoran Group

Payment Calculator

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Last updated: 2 months ago (Miami MLS #A11989132)

Price History

Date / Event	Date	Event
Mar 25, 2026	Listed by The Corcoran Group	$28,800,000
Listed by The Corcoran Group
Feb 25, 2021	Sold	Premium
Sold
Aug 2, 2010	Sold	Premium
Sold

Property Highlights

Air Conditioning

With View

Parking Details

Has Open Parking

Parking Features: Driveway, Other

Interior Details

Full Bathrooms: 5

Interior Features: Built-in Features, Other

Appliances: Dishwasher

Flooring Type: Tile

Exterior Details

Square Footage: 5775

Architectural Style: Other, Detached

Year Built: 1932

Waterfront Features: Ocean Access

Building Name: LAKE VIEW SUB

Building Area Total: 7435

Building Area Units: Square Feet

Construction Materials: CBS Construction

Pool Features: Above Ground

Lot Features: 1 To Less Than 2 Acre Lot

Lot Size Area: 47540

Lot Size Units: Square Feet

Lot Size Acres: 1.091

Lot Size Square Feet: 47540

Water Source: Municipal Water

Financial Details

Tax Annual Amount: $190,194

Utilities Details

Cooling Type: Central Air

Heating Type: Central

Sewer : Public Sewer

Building Info

Overview

General

Year Built: 1932

Effective Year Built: 1955
Building Count: 1
Bedroom Count: 6
Bathroom Count: 5
Full Bathrooms: 5
Partial Bathrooms: 5
Building Condition: 0
Building Quality: 10
Construction Type: 4
Building Style: 0
Exterior Walls Type: 23
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Garage Square Area: 426
Parking Space Count: 0
Patio Type: 25
Porch Type: 36
Pool Type: 2

Dimensions

Lot Size Square Feet: 47,540

Lot Size Depth Feet: 2,180
Lot Size Frontage Feet: 1,598
Total Building Area: 7,351
Gross Building Area: 7,351
Building Area: 5,331
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 5,331
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKE VIEW SUB
Land Acres: 0000001091
Standard Land Use Code: 1001
County Land Use Code: 0101
State Land Use Code: 001
Legal Description 1: LAKE VIEW SUB PB 14-42 LOTS 14 & 15 & BEG SLY COR LOT 16 NW ALG SW B/L TO NW COR NE ALG DR 85FT SE268.63FT TO POB BLK 31 LOT SIZE 47540 SQ FT OR 22098-0833 0304 1

Neighborhood

School District Name: Dade County School District

School Tax School District: MIAMI BEACH
Census Tract: 003906

Zoning

Zoning: 2100

Geography

Assessors Map Reference: 176

District: 02
Parcel: 02-3222-022-1540
Block: 31
Lot: 14-16
Meridian: SEC 22 TWN 53S RNG 42E
Municipality: MIAMI BEACH
Latitude: 25.8266
Longitude: -80.1262

Address

Full Address: 5005 Lakeview Dr

Address - House Number: 5005
Address - Street Name: Lakeview
Address - Suffix Type: Dr
State: FL
City Name: Miami Beach
Carrier Code: C015
4-Digit Zip Code: 2638
Zip Code: 33140

Valuation

Tax

Total Area: 5,971

Tax Year: 2023
Tax Amount: $20,104,256
Initial Tax Delinquent Year: 2019
Tax Rate Code Area: 200

Appraisal Valuation

Standard Deviation: 0.2703

Valuation Date: Dec 13, 2023
Confidence Score: 61
Final Value: 6,895,941
High Value: 8,760,374
Low Value: 5,031,509

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

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First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Financing Type:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium
Second Open Lien Mortgage Lender:

Premium
Second Open Lien Mortgage Recording Date:

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Second Open Lien Mortgage Loan Amount:

Premium
Second Open Lien Mortgage Term:

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Second Open Lien Mortgage Position:

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Second Open Lien Mortgage Loan Type:

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Second Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $18,212,854

Market Land Value: $17,352,100
Market Improvement Value: $860,754

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $10,680,167

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Feb 18, 2021

Current Sale Recording Date: Feb 25, 2021
Current Sale Price:

Premium
Current Sale Document Type: 55
Current Sale Input Document Number: 2021R0143893
Previous Sale Recording Date: Aug 02, 2010
Previous Sale Contract Date: Jul 30, 2010
Previous Sale Amount: $2,500,000
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About La Gorce

Stats & Trends

Median Asking:

$2,890,000

Sale Price/ft²

$1,237

Below Asking

0.01%

Average Days on Market

Average Home Size

3365 ft²

Average Home Age

55 years

Currently For Sale

52 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

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Listed by: Jonathan Lifschutz
The Corcoran Group
Last Updated: 2 months ago
Data Source: Miami MLS, MLS# A11989132

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.