$28,800,000
5005 Lakeview Drive
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $28,800,000
- Price per sq ft
- $4,987
- Original price
- Unchanged
- Days on market
- 182
This 6-bedroom single-family home in Lake View Sub is listed at $28,800,000, or $4,987 per square foot. It has been on the market for 182 days.
Estimated monthly payment
$151,356 /mo
Principal and interest only, based on $5,760,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $28,800,000
- Days on Site
- 182 Days
- Bedrooms
- 6
- Total Baths
- 5
- Full Baths
- 5
- Partial Baths
- 0
- Living Area
- 5,775 sqft
- Total Sq Ft
- 7,435 sqft
- Lot Size
- 1.09 Acres
- Year Built
- 1932
- Property Type
- Single Family
- MLS #
- A11989132
- Property Tax
- $190,194 (2025)
- Subdivision
- LAKE VIEW SUB
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
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.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Active
- Year Built
- 1932
- Property Condition
- Resale
- Garage Spaces
- 0
- Parking
- Driveway
- Direction Faces
- West
- Lot Size (Acres)
- 1.09
- Living Sq Ft
- 5,775
- Total Sq Ft
- 7,435
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2100
Interior Features
- Appliances
- Dishwasher
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
- Interior Features
- Built In Features / Other
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Exterior Features
- Other
- Architectural Style
- Other
- Private Pool
- Yes
- Pool Features
- Above Ground
- Lot Features
- One To Two Acres
- Waterfront
- Yes
- Waterfront Features
- Bayfront
- Frontage
- Waterfront
- Frontage Length
- 100.00 ft
- View
- Bay
Community & HOA
- Association Amenities
- Boating / Boat Dock
- Community Features
- Boat Facilities
- Financing Terms
- Cash / Conventional
- Restrictions
- See Remarks
- MLS Area
- 2320
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Lake View Sub is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,900,000 to $28,800,000. Pure Equity lists homes in Lake View Sub and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 13
- Median List Price
- $1,900,000
- Median $/Sq Ft
- $1,032
- Avg Days on Market
- 244
Frequently Asked Questions
- How do I schedule a tour of 5005 Lakeview Drive, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5005 Lakeview Drive, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5005 Lakeview Drive, Miami Beach, FL 33140 still available?
- 5005 Lakeview Drive, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 182 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5005 Lakeview Drive, Miami Beach, FL 33140?
- With 20% down ($5,760,000) on the $28,800,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5005 Lakeview Drive, Miami Beach, FL 33140 is about $151,356/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5005 Lakeview Drive, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5005 Lakeview Drive, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 5005 Lakeview Drive, Miami Beach, FL 33140?
- 5005 Lakeview Drive, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5005 Lakeview Drive, Miami Beach, FL 33140?
- Often, yes. The right offer on 5005 Lakeview Drive, Miami Beach, FL 33140 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Corcoran Group
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$28,800,000
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Listed by Jonathan S Lifschutz, The Corcoran Group
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Recent Sales
Recently sold homes in Lake View Sub
These are the last 6 recorded closings in Lake View Sub, with the price each home actually sold for rather than what it was listed at. They closed at a median of $832 per square foot. The most recent closed on September 11, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,635,000
Sold · September 11, 2026
590 W 50th Street
3 bed · 2 bath · 1,965 sqft · $832/sqft
$64,000 under the asking price
Sold$125,000
Sold · May 27, 2026
4730 Pine Tree Drive 11
1 bed · 1 bath · 500 sqft · $250/sqft
$10,000 under the asking price
Sold$1,250,000
Sold · March 24, 2026
5127 Alton Road
3 bed · 2 bath · 1,979 sqft · $632/sqft
$440,000 under the asking price
Sold$2,300,000
Sold · March 16, 2026
550 W 51st Street
4 bed · 3 bath · 2,482 sqft · $927/sqft
$200,000 under the asking price
Sold$117,000
Sold · October 10, 2025
4730 Pine Tree Drive 14
1 bed · 1 bath · 500 sqft · $234/sqft
$500 under the asking price
Sold$1,780,000
Sold · July 25, 2025
745 W 51st Street
3 bed · 3.5 bath · 1,622 sqft · $1,097/sqft
$115,000 under the asking price
See every recorded sale in Lake View Sub or find out what your Lake View Sub home is worth.
