5005 Lakeview Dr, Miami Beach FL 33140 | Miami-Dade County | A11989132
- $28,800,000
- Single Family Residence
- 6
- 5
- 0
- 5775 Sq Ft
- $28,800,000
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.
Property Overview
This is a 6-bedroom, 5-bath home of about 5775 square feet at 5005 Lakeview Dr, Miami Beach FL 33140 (Miami Beach 33140), listed at $28,800,000.
Monthly Costs, Stated Plainly
This home has no mandatory HOA (single-family / no association on record).
The tax of record is $190,194 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $576,000/yr (≈ $48,000/mo); with the homestead exemption on a primary residence, about $575,000/yr (≈ $47,917/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 5005 Lakeview Dr is $28,800,000. Fixtures, built-in appliances, and the above-ground private pool convey with the home, while shared community amenities are separate. The MLS record does not state if the property is furnished, so you must confirm which pieces of furniture convey.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details and request a list of on-site amenities.
Where exactly is it, and what should I know about the location?
The property is located at 5005 Lakeview Dr, Miami Beach FL 33140, situated within a coastal corridor of Miami Beach 33140. This specific position provides direct access to the waterfront environment of the area.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify location details.
What are the HOA / association fees, and what do they cover?
There is no mandatory HOA for this single-family home, and no association is on record. The owner handles all utilities and property upkeep. The property remains subject to city ordinances, which can be reviewed at https://library.municode.com/fl/miami-beach/codes/code_of_ordinances.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $190,194 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the annual cost is about $576,000/yr (≈ $48,000/mo) without homestead, or about $575,000/yr (≈ $47,917/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Is the home in a flood zone, and what does that mean?
Flood zones identify areas prone to flooding, as defined in the FEMA glossary. Lenders often require flood insurance for properties in high-risk zones. View the FEMA flood map for this address to see the specific designation for 5005 Lakeview Dr.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
Are pets allowed?
As a single-family home, this property has no condo or HOA board to dictate pet rules. Pets are at the owner's discretion, subject to city and county ordinances and any existing lease. Documented service animals and ESAs carry separate federal protections.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify current terms.
How is the price set and is there room to negotiate?
Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026). The $28,800,000 price for 5005 Lakeview Dr is derived from a CMA focusing on this specific building and vicinity.
I provide a Miami Beach-specific CMA before you set an offer to ensure the value is accurate. Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these details.
What financing step do you recommend before touring?
Secure pre-approval through a licensed Florida mortgage professional at Get-PreApproved.com before touring 5005 Lakeview Dr. This step confirms your purchasing power for this $28,800,000 property.
Contact Christopher Lazaro, Miami Beach Real Estate Agent, to verify these requirements.
Monthly Fees & Carrying Costs
- Membership Required: No
Have a question about this Miami Beach listing?
Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Lakeview Dr
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City: Miami Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33140
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Area: LAKE VIEW SUB
Details
Updated on September 26, 2026 at 11:44 am-
Property ID A11989132
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Price $28,800,000
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Property Size 5775 Sq Ft
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Bedrooms 6
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Room 0
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Bathrooms 5
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Garage 0
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Year Built 1932
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Type Single Family Residence
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Property Status Active, Residential
Additional details
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View Bay
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Cooling Central Air
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Heating Central
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Tax Year 2025
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Flooring Tile
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High School Miami Beach
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Inclusions Dock Available
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Building LAKE VIEW SUB
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Frontage Bay
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Garage Spaces 0
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Listing Terms All Cash, Conventional
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Area Lake View Sub
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Waterfront Yes
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Association No
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Full Bathrooms 5
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Half Bathrooms 0
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Covered Spaces 0
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Style WF/Pool/Ocean Access
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Private Pool No
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Structure Type House
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Parking Driveway, Other
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Subdivision LAKE VIEW SUB
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Annual Tax 190194
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Elementary School North Beach
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Year Built Details Resale
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Building Area 7435
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Lot Size (Sq Ft) 47540
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Flood Zone AE
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New Construction No
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Waterfront Features Ocean Access
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Bedroom Features Other
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Restrictions See Broker Remarks
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Middle School Nautilus
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Construction CBS Construction
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Association Type None
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Membership Purchase Required No
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