ActiveMLS® A11989132

$28,800,000

5005 Lakeview Drive, Miami Beach, FL 33140

Beds: 6
Baths: 5
Sqft: 5,775

Est. payment$179,687/mo

Home type: Single Family Residence
Year built: 1932
Lot size: 47,480 sqft
Price / sqft: $4,987
HOA: $0/mo
Community: LAKE VIEW SUB

Property description

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.

Listing activity

Days on market: 216
Listed: Mar 25, 2026
MLS listing updated: Oct 27, 2026
Feed last checked: 11 minutes ago

Listed by Jonathan S Lifschutz · The Corcoran Group

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 5
Bathrooms (decimal): 5
Full bathrooms: 5
Half bathrooms: 0

Rooms & features

Rooms: 1
Interior features: Built-in Features
Flooring: Tile
Appliances: Dishwasher

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Driveway
Attached garage: No

Exterior

Building area: 7,435 sqft
Exterior features: Other
Pool: Yes
Pool features: Above Ground
View: Bay
Waterfront: Bay
Waterfront property: Yes

Lot

Lot size: 47,480 sqft
Lot size (acres): 1.09 acres
Zoning: 2100

Construction

Type & style

Home type: Single Family Residence
Architectural style: Other
Year built: 1932
New construction: No

Materials

Construction: CBS
Roof: Concrete
Property condition: Resale
Faces: West

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: LAKE VIEW SUB
MLS area: 2320
55+ community: No

Association

Has association: No
Estimated monthly dues: $0
Amenities: Boating

Lease details

Not reported by the listing source.

Location

Area details

City: Miami Beach
County: Miami-Dade
ZIP code: 33140

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A11989132
Possession: Close Of Escrow
Original list price: $28,800,000
Parcel number: 0232220221540
Annual property tax: $190,194
Tax year: 2025
Tax legal description: 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 F

Additional MLS details

Reported by the listing source

Association Amenities: Boating
Association: No
Bathrooms Total Decimal: 5
Bathrooms Total Integer: 5
Building Area Total: 7435
Construction Materials: CBS
County Or Parish: Miami-Dade
Days On Market: 216
Direction Faces: West
Elementary School: North Beach
High School: Miami Beach
List Price: 28800000
Listing Contract Date: 2026-03-25
Living Area: 5775
Lot Size Acres: 1.09
Lot Size Area: 47540
MLSArea Major: 2320
Middle Or Junior School: Miami Beach Nautilus
Mls Status: Active
On Market Date: 2026-03-25
Photos Count: 8
Postal Code: 33140
Property Sub Type: Single Family Residence
Property Type: Residential
Rooms Total: 1
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-03-25T04:00:00Z
Subdivision Name: LAKE VIEW SUB
Water Source: Public
Waterfront Features: Bay
Tax Annual Amount: 190194
Bathrooms Full: 5
Pool Private: Yes
Bedrooms Total: 6
Bathrooms Half: 0

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Mar 25, 2026	ListedMIAMI REALTORS® MLS	$28,800,000$4,987/sqft

Public tax history

Year	Property taxes	Assessment
2025	$190,194	—

Payment calculator

Estimated monthly payment$179,687/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $149,437
Property taxes: $15,850
Insurance: $14,400
Association dues: $0

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

LAKE VIEW SUB

Miami Beach · Miami-Dade County · 33140

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North BeachElementary

—

Miami Beach NautilusMiddle

—

Miami BeachHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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