Interior
- Bathrooms
- 0
Active · BusinessOpportunity
$45,000
1239 Alton Rd, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1934
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Amazing venue for Retail Cafe. Historic Alton Road Nurseries Location with Garden Cafe. Retail beer and wine license. Seeking experienced operators to manage the Cafe portion. Sale includes outdoor furniture, indoor furniture, kitchen appliances and equipment. Amazing Opportunity. Rental Rates for Units: 2,3,4 and 4% of gross sales due to Landlord. 1239 Unit 2 $2,765.00 Base. Utilities billed to tenant monthly $848 NNN (Property Tax and Insurances) Total: $3,613 Utilities billed monthly 1239 Unit 3 $1,440 Base $578 NNN (Property Tax and Insurances and Utilities Total $2,018 1239 Unit 7 $450 Base Rent Total: $4382.50
Property location
Get Directions1239 Alton Rd, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- BusinessOpportunity
- Year built
- 1934
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11924866
- 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
-$162
- Cap rate
- 1.4%
- Net yield
- 1.4%
- Cash-on-cash return
- -15.5%
- Gross yield
- 6.6%
- Mortgage payment
- $213/mo
- Down payment
- $11,250
- Loan amount
- $33,750
- Annual NOI
- $613
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.