2024 Alton Rd - Apartments FOR SALE


Miami Beach, FL 33140- Bayshore
$2,275,000 USD
305-747-5117
2024 Alton Rd, Miami Beach, FL for Sale
$2,275,000 USD
Apartments - FOR SALE
1/54
null | Request Cap Rate

2024 Alton Rd
Miami Beach, FL 33140
Bayshore


OVERVIEW

Generating $6,500/month in rental income, this multifamily property sits directly across from Miami Beach Golf Club with 3 units totaling 6BR/3BA and 2,746 sq ft living space on a 7,320 sq ft lot. Main residence (2,141 sq ft) offers 3BR/1BA, spacious living areas, a sunroom, fireplace, walk-in closets, and a kitchen with granite countertops and solid wood cabinetry, currently leased for $3,000/month. The upstairs unit (467 sq ft) private 1BR/1BA with full kitchen, living room, and large windows for natural light, rented at $1,200/month. Detached 605 sq ft guesthouse adds 2BR/1BA, a full kitchen, bath with stand-up shower, covered outdoor seating area, leased for $2,300/month. Impact windows throughout, minutes from Lincoln Road, Sunset Harbour, world-class dining, shopping, and the beach.

FOR SALE DETAILS

PRICE

$2,275,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

3

PRICE/UNIT

$758,333

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,318 SF

ZONING

¤0100

APN/PARCEL ID

02-3227-008-1420

ASK ABOUT THIS PROPERTY

Ricky KallabatKW CommercialMore Info
305-747-5117

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Ricky KallabatKW CommercialMore Info
305-747-5117

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