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1558 Alton Road, Miami Beach, FL 33139
1558 Alton Road, Miami Beach, FL 33139
1558 Alton Road, Miami Beach, FL 33139
1558 Alton Road, Miami Beach, FL 33139
1558 Alton Road, Miami Beach, FL 33139
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1558 Alton Road, Miami Beach, FL 33139
  • Property Type
  • Retail
  • 0.17 Sq Ft
  • Land Area
  • Array
  • Property ID
  • 1925
  • Year Built
Commercial Sale Active
1558 Alton Road, Miami Beach, FL 33139
  • $5,000,000

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.

Address

Open on Google Maps
  • Address: Array
  • City: Miami Beach
  • State/county: Miami-Dade
  • Zip/Postal Code: Array
  • Area: Miami Beach

Details

Updated on August 27, 2026 at 12:49 am
  • Property ID Array
  • Price $5,000,000
  • Land Area 0.17 Sq Ft
  • Year Built 1925
  • Property Type Retail
  • Property Status Commercial Sale

Additional details

  • Building Area Total 7762
  • Business Type Education/School, Retail
  • CoListAgentAOR Miami Association of REALTORS
  • CoListAgentDirectPhone 561-222-5240
  • CoListAgentEmail zach@brissigroup.com
  • CoListAgentFirstName Zachary
  • CoListAgentFullName Zachary Joslin
  • CoListAgentKey 26702089
  • CoListAgentLastName Joslin
  • CoListAgentMlsId SEF3316818
  • CoListAgentNationalAssociationId 279595310
  • CoListAgentOfficePhone 305-674-4000
  • CoListAgentPreferredPhone 561-222-5240
  • CoListAgentStateLicense 3316818
  • CoListOfficeAOR Miami Association of REALTORS
  • CoListOfficeEmail basick.c@ewm.com
  • CoListOfficeKey 5910133
  • CoListOfficeMlsId SEFEWM 04
  • CoListOfficeName BHHS EWM Realty
  • CoListOfficePhone 305-674-4000
  • Days On Market 153
  • Internet Automated Valuation Display YN 1
  • Listing Terms Cash, Conventional
  • Lot Features City Lot, < 1/4 Acre
  • Lot Size Area 7500
  • Mobile Dim Units Feet
  • NumberOfUnitsTotal 4
  • Occupant Type Call Agent
  • Possession Negotiable
  • PublicSurveyTownship 2
  • RoadFrontageType State Road
  • Sewer Public Sewer
  • Street Suffix Road
  • Tax Annual Amount 55361
  • TenantPays Electricity
  • Water Source Public
  • Zoning 6400

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