1558 Alton Rd Miami Beach, FL 33139
7,762 Sq. Ft. / 7,500 Sq. Ft., 7,500 sq. ft. lot size / Retail
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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.
property details
Type
Retail
Status
Active
County
Miami-Dade
Year Built
1925
Sq. Ft.
7,762
Lot Size
7,500 Sq. Ft., 0.2 acres
Listing Id
A11956142
Courtesy Of
Ben Brissi - BHHS EWM Realty +1 (561) 870-2211
List Office Phone
+1 (305) 674-4000
Interior Features
Living Area Units
Sq. Ft.
Utility & Building Info
Below Grade Finished Area
0
Price Per Sq Meter
$0
Building Area Total
7,762 Sq. Ft.
Architectural Style
Other
Price History
| date | event | price | source |
|---|---|---|---|
|
01/30/2026
01/30/2026
|
Active |
$5,000,000
|
Miami/Jupiter-Tequesta-Hobe Sound MLS |
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Market Trends
Source: Constellation1
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