1150 8th Street, Miami Beach, FL 33139
- $2,820,000
- 5,426
- SqFt
- Sold Price
- $2,820,000
- List Price
- $2,820,000
- Status
- CLOSED
- Days on Market
- 0
- Closing Date
- Jan 08, 2026
- MLS#
- A11923435
- Subtype
- Residential Income
- Year Built
- 1948
- Living Area
- 5,426
- Subdivision
- Ocean Beach Addn No 3
- MLS Area Major
- 2320
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!
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Additional Information
- Taxes
- $37,946
- Flooring
- Vinyl
- Heating
- Other, Separate Meters
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Block
- Stories
- 2
- Roof
- Shingle
Listing courtesy of Alexandria Realty Group LLC. Contact:
Selling Office: Buy The Beach Realty Group, LLC..Mortgage Calculator
All listings featuring the RAPB + GFLR logo are provided by the Realtors® of the Palm Beaches and Greater Fort Lauderdale, Inc. and BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2019 Realtors® of the Palm Beaches and Greater Fort Lauderdale Inc. and BeachesMLS, Inc.
Agent: Yahia Ezz Aly | Email: yahia@alexandriarealtygroup.com