1150 8th St, Miami Beach, FL 33139
- $2,820,000
- 5,426
- SqFt
- Sold Price
- $2,820,000
- List Price
- $2,820,000
- Closing Date
- Jan 08, 2026
- MLS
- A11923435
- Complex Name
- Ocean Beach Addn No 3
- Status
- CLOSED
- Type
- Multifamily
- Living Area
- 5,426
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!
Additional Information
- Days on Market
- 0
- Style
- Quadruplex, Fourplex
- Year Built
- 1948
- Development Name
- Ocean Beach Addn No 3
- #Stories
- 2
- Construction Type
- Concrete Block With Brick
- Section
- 3
Mortgage Calculator
Listing Courtesy of Alexandria Realty Group LLC, Contact:
Selling Office: Buy The Beach Realty Group, LLC..