Interior
- Bathrooms
- 0
Active · Retail
$10,000,000
1441 Alton Rd, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1966
- Lot size
- 18,300 sq ft
- HOA fee
- —
- Annual tax
- $100,085
About this property
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.
Property location
Get Directions1441 Alton Rd, Miami Beach, FL 33139
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Facts & features
Exterior & Structure
- Property type
- Retail
- Year built
- 1966
- Lot size
- 18,300 sq ft
- Architectural style
- Detached
- Construction
- Block
Parking
- Covered spaces
- 0
- Parking features
- Common
HOA, Community & Financials
- Annual tax
- $100,085
- County
- Miami-Dade
- Days on market
- 217
- MLS listing ID
- A11955434
- Listing status
- Active
Virtual tour
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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
-$12,079
- Cap rate
- 4.2%
- Net yield
- 4.2%
- Cash-on-cash return
- -5.2%
- Gross yield
- 6.6%
- Mortgage payment
- $47,405/mo
- Down payment
- $2,500,000
- Loan amount
- $7,500,000
- Annual NOI
- $423,915
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.