1150 8th St , Miami Beach, FL 33139
Miami Beach, FL 33139
Description
Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,700, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!
Details
| Mls | A11652726 |
|---|---|
| Listing Type | For Sale |
| Style | Attachd |
| Subtype | Resale |
| Status | Active |
| Year | 1948 |
| Days On Site | 92 |
| Listing Provided By | Alexandria Realty Group LLC | Yahia Aly |
Features
| Sq Feet | 5,426 |
|---|---|
| Storys | 2 |
| Zoning | 6400 |
Market Activity 33139
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 32 |
| Community Name | OCEAN BEACH ADDN NO 3 |
| Listing VS Median (in OCEAN BEACH ADDN NO 3) | |
Price: $3,450,000 low | high Med: $2,099 SqFt: 5,426 low | high Med: 410 $ / SqFt: $636 low | high Med: $5 On Site: 92 low | high Med: 29.000000 | |