5024 ALTON RD, Miami Beach, FL 33140

Parcel: 0232150032890 · Residential - Single Family · 1 Unit · Zoning: 0100

Assessed Value (2025)
$2,245,351

Property Details

Beds
4
Baths
4
Living Sqft
3,160
Year Built
1927
Lot Sqft
18,000
Stories
1
RESIDENTIAL - SINGLE FAMILY : 1 UNIT

Sales History

1
$37,000
1977-02-01
2
$575,000+1454%
2003-02-01
3
$1,350,000+135%
2012-08-24
DENIS PETERSSANFORD D ALTMAN TRS

Tax Assessment History

$2,245,351
Assessed (2025)
$2,880,626
Market Value
$2,245,351
Taxable Value
$45,714
Annual Tax
2024
$2,041,229
$2,884,162
2025
$2,245,351
$2,880,626
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,245,351 $2,880,626 $2,245,351 $45,714
2024 $2,041,229 $2,884,162 $2,041,229 $41,558

About 5024 ALTON RD, Miami Beach, FL 33140

5024 ALTON RD, Miami Beach, FL 33140 is a 4-bedroom, 4-bathroom residential - single family : 1 unit built in 1927 with 3,160 square feet of living space on a 18,000 square foot lot. The property is currently owned by SANFORD D ALTMAN TRS, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2012-08-24 for $1,350,000, when DENIS PETERS sold to SANFORD D ALTMAN TRS. The property has appreciated $775,000 (135%) since the prior sale of $575,000 on 2003-02-01. There are 3 recorded sales for this property.

The 2025 assessed value is $2,245,351 with a market value of $2,880,626. This breaks down to $2,448,000 for the land and $432,626 for the building. The assessed value increased 10% from $2,041,229 in 2024.

The median household income in this area is $191,786, and the median home value is $2,000,001. The population density is 2,726 people per square mile. There are active mortgage liens totaling $1,026,853 recorded against this property.

5024 ALTON RD, Miami Beach, FL 33140 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 1977 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 166% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $427 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

SANFORD D ALTMAN TRS
5024 ALTON RD, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$27,344 — $50,197
Flood $400 — $800
Property/Wind $26,944 — $49,397

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$191,786
Median Home Value$2,000,001
Pop. Density2,726/sq mi

Neighborhood 33140

27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$1,350,000
~$1,026,853 bal.
FIRST HORIZON BANK · 2021-03-11
Est. Total Balance $1,026,853
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales