807 Alton Rd, Miami Beach, FL 33139 — MLS photo

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807 Alton Rd, Miami Beach, FL 33139

Active · Quadruplex

$6,500,000

807 Alton Rd, Miami Beach, FL 33139

Beds
—
Baths
0
Living area
14,518 sq ft
$ / sq ft
$448/sq ft
Year built
1945
Lot size
—
HOA fee
—
Annual tax
$90,422

About this property

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.

Property location

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807 Alton Rd, Miami Beach, FL 33139

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Facts & features

Interior

Bathrooms
0
Living area
14,518 sq ft
Flooring
Tile
Cooling
Central Air
Heating
Central

Exterior & Structure

Property type
Quadruplex
Year built
1945
Architectural style
Fourplex
Roof
Concrete
Construction
Block
Pool
None

Parking

Covered spaces
0

HOA, Community & Financials

Annual tax
$90,422
Subdivision
LENOX MANOR
County
Miami-Dade
Days on market
152
MLS listing ID
A11929338
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,534

Cap rate
5.2%
Net yield
5.2%
Cash-on-cash return
-1.7%
Gross yield
8.1%
Mortgage payment
$30,813/mo
Down payment
$1,625,000
Loan amount
$4,875,000
Annual NOI
$339,354

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.