No photos available
Offered at
$5,000,000
1558 Alton Road, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 7,762
- Sq.Ft.
Listing courtesy of Ben Brissi, BHHS EWM Realty
Property Description
Prime South Beach commercial opportunity on the west side of Alton Road, one of the area’s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ±1,400 SF frame shop paying $6,000/month and a ±2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ±1,400 SF Alton Road–fronting retail unit and a ±2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ±15,522 SF and 60’ height.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Retail
- Address
- 1558 Alton Road, Miami Beach, FL 33139
- Zoning
- 6400
- MLS ID
- A11956142
- Listing Date
- 2026-01-30
- Last Updated
- 7/2/2026, 4:03:36 PM
- Days on Market
- 203
Features & Amenities
The Details
Exterior
- Water Source
- Public
- Sewer
- Public Sewer
Details
- Building Area
- 7,762 sq.ft.
- Lot Size
- 7,500 sq.ft.
- Lot Size (Acres)
- 0.17 acres
- Year Built
- 1925
- County
- Miami-Dade
- Zoning
- 6400
Financial
- List Price
- $5,000,000
- Original List Price
- $5,000,000
- Annual Tax
- $55,361/yr
- Tax Year
- 2025
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.