$2,800,000
$100K PRICE DROP

Estimated payment $20,655/month

Total Views 1,318
2 Beds
2.5 Baths
2,003 Sq Ft
$1,398 Price per Sq Ft

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Bar or Lounge
  • Sauna

About This Home

Welcome to The Palm Residence at Murano Grande by Lorin Marsh, located at 400 Alton Road. This stunning 2-bedroom, 2.5-bathroom home spans 2,003 square feet and offers breathtaking panoramic views of Biscayne Bay and the vibrant city skyline. Enjoy a refined living experience with custom finishes, designer touches, and expansive interiors that reflect the essence of Miami Beach's natural beauty and urban energy. Residents have access to top-tier amenities including a pool, gym, tennis court, barbecue area, sauna, hot tub, and on-site restaurant. A private elevator, doorman, valet, and concierge services ensure seamless comfort and convenience. Discover luxury living at its finest in this exceptional residence in Miami Beach's South of 5th Neighborhood.

Listing Agent

Miltiadis Kastanis

Compass Florida, LLC License #3301126 Listed on: 05/12/2025

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $34,202

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • Property Fronts a Bay or Harbor
  • West Facing Home

HOA Fees

  • $3,018 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 11th floor
  • Slab Foundation
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,003 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-265-0200

Community Details

Overview

  • 270 Units
  • High-Rise Condominium
  • Murano Grande At Portofin Condos
  • Murano Grande At Portofino,Murano Grande At Por Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Business Center
  • Bar or Lounge
  • Bike Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$34,202

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$3,018 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Ownership: Sole Proprietor
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: For the most accurate and convenient navigation, we recommend using your preferred GPS app to reach our property at 400 Alton Road, Miami Beach FL 33139. This ensures you arrive smoothly and can enjoy the scenic route to this exceptional residence.
  • Entry Level: 11
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MURANO GRANDE AT PORTOFINO,MURANO GRANDE AT POR
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Tile
  • Furnished: Furniture For Sale, Furniture Negotiable
  • Living Area: 2003
  • Other Equipment: Elevator
  • Stories: 38
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Formal Dining
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Skyline, Water View
  • Construction Type: Concrete Block Construction, CBS Construction, Slab Construction, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MURANO GRANDE AT PORTOFIN
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Complex Fenced, Doorman, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 3018
  • Amenities: Bar, Bike Storage, Business Center, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-265-0200

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 270
  • Number Of Units Total: 270

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 34202

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,202 $2,002,085 -- --
2024 $33,333 $1,820,078 -- --
2023 $33,333 $1,702,208 $0 $0
2022 $29,447 $1,547,462 $0 $0
2021 $27,162 $1,406,784 $0 $0
2020 $27,235 $1,406,784 $0 $0
2019 $34,077 $1,758,480 $0 $0
2018 $31,606 $1,775,752 $0 $0
2017 $33,016 $1,479,835 $0 $0
2016 $31,867 $1,345,305 $0 $0
2015 $29,651 $1,223,005 $0 $0
2014 $25,154 $1,111,823 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $2,800,000 -3.4% $1,398 / Sq Ft
05/12/2025 05/12/25 For Sale $2,900,000 -- $1,448 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Warranty Deed $1,140,000 First American Title Ins Co
Special Warranty Deed $643,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $685,000 Adjustable Rate Mortgage/ARM
Closed $1,000,000 Unknown
Previous Owner $672,000 Unknown
Previous Owner $514,390 Balloon
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11801045

MIAMI REALTORS® MLS

APN: 02-4203-265-0200