1441 Alton rd - Retail FOR SALE


Miami Beach, FL 33139- Flamingo
$11,000,000 USD
561-870-2211
1441 Alton rd, Miami Beach, FL for Sale
$11,000,000 USD
Retail - FOR SALE
1/20
null | 5.56% Cap Rate

1441 Alton rd
Miami Beach, FL 33139
Flamingo


OVERVIEW

Exceptional Miami Beach commercial and redevelopment opportunity at 1441 Alton Road. Existing 8,006 SF retail building situated on a prime 18,300 SF lot with three equally sized retail spaces and 19 on-site parking spaces. Two spaces are leased to national tenants 7-Eleven and GoPuff, each paying $17,000 per month, providing strong in-place income. The third space is vacant and can be leased at similar rates, offering immediate upside. CD-2 zoning allows for significant redevelopment potential, including up to 34,364 SF, 50 ft height, up to 39 residential units, commercial or office space. Ideal for investors or developers seeking income with long-term growth potential.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$1,374 USD /SF

CAP RATE

5.56%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

South Beach commercial & Redevelopment

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CD-2

APN/PARCEL ID

02-4203-009-9160

ASK ABOUT THIS PROPERTY

Ben BrissiEWM Realty InternationalMore Info
561-870-2211

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Ben BrissiEWM Realty InternationalMore Info
561-870-2211

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.