1150 8th St, Miami Beach FL, 33139

Active

1150 8th St

Miami Beach FL, 33139

$3,500,000

$645.04 per sqft

Active

5,426 sqft

Multi-family

Built in 1948

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!

A11652726

MLSⓇ ID

September 3, 2024

Listed

September 4, 2024

Updated

Map

1150 8th St
Miami Beach FL, 33139

Interior Features

Total Stories: 2
Floor Description: Vinyl
Fireplace: No
Cooling: Yes
Cooling Description: Wall/Window Unit(s)
Heating: Yes
Heating Description: Other

Exterior/Building Features

Lot Features: Less Than 1/4 Acre Lot
Architectual Style: Other
Roof: Shingle
Sewer: Public Sewer

Other Property Details

Area Name: Ocean Beach Addn No 3
Taxes: $37,946
Tax Frequency: Annually
Days on Market: 1
Garage: No
Parking Total: 0
View: No
County: Miami-Dade County
Pool: No
Zoning: 6400

Listed by: Alexandria Realty Group LLC
Listing Contact: 641-340-0089

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 4:39 AM UTC, 9/4/2024.