5005 Lakeview Dr, Miami Beach FL 33140, MIAMI BEACH, FL, 33140
Active144 days on marketListed Mar 25, 2026MLS #A11989132
About this home
5005 Lakeview Dr, Miami Beach FL 33140
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.
Facts & features
The home at a glance
6
Bedrooms
5
Bathrooms
5,775
Sqft
1932
Year built
$4,987
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$182,213 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$182,213/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs LAKE VIEW SUB
$4,987 vs $891
Days on market
144 vs 91 typical
Where $4,987/sqft sits among the 6 homes for sale in LAKE VIEW SUB
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside La Gorce
Get to know Miami Beach. See the full Miami Beach guide →
La Gorce — neighborhood snapshot
Population
2,385
Median age
54
Median income
$214,010
Median home value
$2,000,000
Avg household
3
Households w/ children
260
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
3 of 6
LAKE VIEW SUB have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 7294% above the MIAMI BEACH 33140 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 5005 Lakeview Dr
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$665,000
6 LAKESIDE PLACE E · same community
3 bd · 3 ba · 2,937 sqft · $226/sqft · 120 DOM
Sold · Nov ’25$625,000
21 LAKESIDE PLACE W · same community
5 bd · 3 ba · 2,706 sqft · $231/sqft · 15 DOM
Sold · Mar ’26$2,300,000
550 W 51st St, Miami Beach FL 33140 · same community
4 bd · 3 ba · 2,482 sqft · $927/sqft · 8 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Julian Rivera
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 5005 Lakeview Dr — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 5005 Lakeview Dr — before you fall in love.
See it in person
Schedule a tour
Live availability from Julian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
5005 Lakeview Dr FAQs
What would the monthly payment be for 5005 Lakeview Dr, Miami Beach FL 33140?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $182,213/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 5005 Lakeview Dr, Miami Beach FL 33140?+
The most recent tax bill on record (2025) was $190,194. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $28,800,000, this home is listed about 4331% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 5005 Lakeview Dr, Miami Beach FL 33140?+
North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$28,800,000 runs 7294% above the MIAMI BEACH 33140 median — but at 5,775 sqft it's also nearly 6 times the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong assigned schools
North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of The Corcoran Group · Julian Johnston. MLS #A11989132.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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