About This Home

This 0-bedroom, 0-bathroom commercial at 1558 Alton Rd in Miami Beach, FL is listed for $5,000,000. Built in 1925, on a 0.17 acres lot.

Key Features

  • Built in 1925
  • 0.17 acre lot

Property Details

1925
Listing 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.

Monthly Cost Estimate

$26,741/mo

20% down · 6.5% · 30 years

Principal$3,616
Interest$21,667
Insurance$1,458

Estimates only. Actual payments may vary.

Location

1558 Alton Rd

Miami Beach, FL 33139

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1558 Alton Rd is listed at $5,000,000. The estimated monthly payment is $26,741 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1925, 0.17 acre lot.

This property is listed by Ben Brissi.

BB

Ben Brissi

License 3288847

Agent at BHHS EWM Realty

Listed by BHHS EWM Realty · Broker phone: (305) 960-2587 · Broker website

MLS# A11956142· Source: Miami REALTORS®· 10 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1558 Alton Rd, Miami Beach, FL 33139

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