5005 Lakeview Drive, Miami Beach, FL 33140

$28,800,000 · Active

  • 6 beds
  • 5 baths
  • 5,775 sq ft
  • Single Family Residence
  • Built 1932
  • Lot 47,480.4 sq ft
  • MLS# A11989132
  • Lake View Sub
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About this home

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.

Features

Schools

  • Elementary: North Beach
  • Middle: Miami Beach Nautilus
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

The Corcoran Group · Listing agent: Jonathan S Lifschutz

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 5005 Lakeview Drive.

Questions About 5005 Lakeview Drive

How much is 5005 Lakeview Drive?
5005 Lakeview Drive is listed at $28,800,000, which is about $4,987 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 5005 Lakeview Drive?
The listing reports annual property taxes of $190,194 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 5005 Lakeview Drive built?
5005 Lakeview Drive was built in 1932 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 5005 Lakeview Drive been on the market?
5005 Lakeview Drive has been listed for 182 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 5005 Lakeview Drive waterfront?
Yes. The listing describes the water as bayfront. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 5005 Lakeview Drive?
The MLS lists North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 5005 Lakeview Drive?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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A comparable home, 320 W Dilido Drive, Miami Beach, FL 33139, sold for $27,627,800 in September 2026. Other Miami Beach neighborhoods include Venetian Islands and South of Fifth. Nearby ZIP codes include 33109 and 33139. This property also neighbors Bal Harbour, Miami, and Brickell. Compare it with the Miami Beach housing market report.