Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom multi-family at 807 Alton Rd in Miami Beach, FL is listed for $6,500,000 ($448 per sqft). Built in 1945, the home offers 14,518 sqft of living space on a N/A lot.
a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transforming
commercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside.
The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach’s premier retail and dining destinations.
With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.
Key Features
- Built in 1945
- 4 parking spaces
Property Details
Monthly Cost Estimate
$34,763/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
807 Alton Rd
Miami Beach, FL 33139
Lenox Manor
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 807 Alton Rd is listed at $6,500,000 ($448/sqft). The estimated monthly payment is $28,167 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 4 parking spaces.
This property is listed by Arthur Porosoff and can be reached at 3052098866 or art@porosoff.com.
