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Buildings/South Beach/MURANO GRANDE AT PORTOFIN

Luxury

MURANO GRANDE AT PORTOFIN

400 Alton Rd, Miami Beach 33139

★ 4.6

2003

Year Built

266

Units

CI Score

Strong

For Sale

$1.7M

Avg Price

$1,179

Sale $/SF

For Rent

$12,000

Avg Rent

$6.58

Rent $/SF

+14.6%

YoY

For Sale

For Rent

Investor-Owned

61%

Avg HOA

$2,048.33/mo

Murano Grande at Portofino is a 266-unit residential building located on Alton Road in South Beach, Miami Beach, built in 2003. The building offers a range of floor plans from 1 to 5 bedrooms, accommodating diverse residential needs in one of Miami Beach's most vibrant neighborhoods. With an average price per square foot of $631.22 and strong rental demand, it represents an established presence in the South Beach market.

Building Details

Address

400 Alton Rd, Miami Beach, 33139

Neighborhood

South Beach

Year Built

2003

Total Units

266

Avg Unit Sqft

2,084 SF

Tier

Luxury

Avg $/SF

$1,178.94

Avg Rent

$12,000/mo

Rent $/SF

$6.58/SF

HOA Range

$2,048.33 – $2,048.33

Google Rating

4.6 (146 reviews)

Neighborhood Rank

Top 1%

Avg Unit Value

$2.3M

Total Sales (All-Time)

982

Amenities

PoolFitness CenterLobbyElevatorParking GarageSecurity

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)12.2%

YoY Appreciation+14.6%

Total Yield76.8%

Liquidity & Demand

Market Data

Sale Price Trend ($/SF)

$1,179

-16.2%

Rental Price Trend ($/SF)

$5.79

-10.4%

Building Activity

Days on Market

days

Selling fast

Months of Inventory

24.0

months

Buyer's market

Sale-to-List Ratio

96.1%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$1.4M

Unit 407

2 bd2 ba1,658 sf

$814/SF253 DOM

$1.6M

2 bd2 ba1,437 sf

$1113/SF96 DOM

$1.6M

Unit 1709

2 bd2 ba1,437 sf

$1.7M

2 bd2 ba1,400 sf

$2.1M

2 bd2 ba1,649 sf

$2.5M

Unit 1101

2 bd3 ba2,003 sf

$1273/SF260 DOM

For Rent (5)

$8K

Unit 905

2 bd2 ba1,400 sf

$5/SF31 DOM

$8K

Unit 1805

2 bd2 ba1,400 sf

$6/SF53 DOM

$11K

Unit 1910

2 bd3 ba1,548 sf

$7/SF33 DOM

$12K

Unit 911

2 bd2 ba1,649 sf

$7/SF1 DOM

$13K

Unit LPH-3007

2 bd2 ba1,759 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Nov 25, 2025	$13.1M	$2,468.43	3/4	5,305
Nov 5, 2025	$2.8M	$1,059.4	3/3	2,643
Oct 30, 2025	$2.3M	$1,631.58	2/2	1,425
Aug 14, 2025	$1.6M	$1,031.25	2/2	1,600
Aug 11, 2025	$1.6M

Units & Ownership

Total Units

266

Avg Sqft

2,084 SF

Avg Assessed

$1.9M

Owner-Occupied

39%

Tax & Ownership

Investor-Owned

61%

Owner-Occupied

39%

Avg Assessed Value

$1.9M

Avg Taxable Value

$1.9M

Effective Year Built

2003

Zoning

6505

Unit Mix

1 BR7

Avg 1,310 SF

2 BR164

Avg 1,641 SF

3 BR73

Avg 2,596 SF

4 BR19

Avg 4,067 SF

5 BR2

Avg 3,682 SF

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Unit Directory

Showing 10 of 266 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
311	2	2	1,649	$956K	—	$1.2M	$728	Jan 2023
401	3	3	2,003	$1.7M	—	$865K	$432	Mar 2022
402	2	2	1,874	$1.2M	—	$760K	$406	Apr 2005
407	2	2	1,658	$1.0M	✓	$860K	$519	May 2021
409	2	2	1,437	$871K	—	$720K	$501	Mar 2021
411	2	2	1,649	$965K	—	$720K	$437	Oct 2020
501	3	3	2,003	$437K	✓	$1.6M	$774	Jul 2019
502	2	2	1,874	$1.2M	—	$1.3M	$667	Jan 2022
503	3	3	3,058	$3.1M	—	$750K	$245	Oct 2003

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MURANO GRANDE AT PORTOFIN

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

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