1150 8th St, 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
- Style
- Quadruplex, Fourplex
- Year Built
- 1948
- Living Area
- 5,426
- Subdivision
- Ocean Beach Addn No 3
- Building Name
- Ocean Beach Addn No 3
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
- Community Features
- Ocean Beach Addn No 3
- Property Description
- Quadruplex, Fourplex
- Zoning
- 6400
- Flooring
- Vinyl
- Heating
- Other
- Air Conditioning
- Wall/Window Unit(s)
- Exterior Construction
- Concrete Block With Brick
- Stories
- 2
- Roof
- Shingle
Listing Courtesy of Alexandria Realty Group LLC, Contact:
Selling Office: Buy The Beach Realty Group, LLC..