Active
1150 8th St
Miami Beach FL, 33139
$3,400,000
$626.61 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
January 14, 2025
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
97
Garage
No
Parking Total
0
View
No
County
Miami-Dade County
Pool
No
Zoning
6400
Listing History
Date | Event | Price |
|---|---|---|
12/9/2024 | Price change | $3,400,000 -2% |
10/3/2024 | Price change | $3,450,000 -2% |
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.
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Data last updated 11:11 PM UTC, 1/14/2025.