Read the full record 4 paragraphs and 14 facts, every figure from the MLS and county record
Murano Grande at Portofino rises 38 floors at 400 Alton Rd in South Beach and was completed in 2003. County folio records count 265 residences, averaging 2,084 SF of living area. Sieger Suarez Architects designed it for Related Group. The condo archive records it as waterfront (bay).
11 units were for sale on November 2, 2026, asking $1.7M to $8.8M (median ask $1,751/SF across 11 listings). One more was under contract. 10 sales closed between November 2, 2025 and November 2, 2026, from $1.5M to $13M, a median $1,278/SF, after a median 253 days on the market. In the 12 months before that, 11 sales closed at a median $1,438/SF, so the median fell 11%. Across 112 recorded sales since 2019, the best year by median price per square foot was 2025, at $1,453 over 12 sales. That 12-month median ranks 18th of the 83 South Beach buildings with at least three sales in the same window. Two-bedrooms made up 14 of the 21 sales in the last 24 months, at a median $2,312,500.
Five units were offered for rent at $12,000 to $30,000 a month. 15 leases were signed over the same 12 months, at a median $11,000 a month (range $7,500 to $23,000).
County records show 50% of residences as owner-occupied.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 400 Alton Rd, Miami Beach 33139
- Neighborhood
- South Beach
- Developer
- Related Group
- Architect
- Sieger Suarez Architects
- Front desk / mgmt
- (305) 604-5200
- Year built
- 2003
- Floors
- 38
- Residences (county-verified)
- 265
- Owner-occupied
- 50% of residences
- Avg. unit size
- 2,084 sq ft
- Total living area
- 552,373 sq ft
- County condo folios
- 265
- Waterfront
- Yes / Bay
- Recorded MLS listings
- 276