1. Florida
2. Miami Beach
3. 1150 8th St

1150 8th St, Miami Beach, FL 33139

• 5,426 sqft

Property Description

Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

Listing Status:

Active

Date Added:

September 3, 2024 at 05:00AM

Listing Office:

Alexandria Realty Group LLC : 641-340-0089

Listing Agent:

Yahia Aly : 641-340-0089

MLS ID:

A11652726

Interior

• Flooring: Vinyl
• A/C: Wall/Window Unit(s)
• Heating: Other

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Yahia Aly, Alexandria Realty Group LLC