1558 Alton Rd, Miami Beach, FL 33139

• 7,762 sqft

Property Description

Prime South Beach commercial opportunity on the west side of Alton Road, one of the area’s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ±1,400 SF frame shop paying $6,000/month and a ±2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ±1,400 SF Alton Road–fronting retail unit and a ±2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ±15,522 SF and 60’ height.

Listing Status:

Active

Date Added:

January 30, 2026

Data Last Updated:

February 9, 2026 at 6:06PM

Listing Office:

BHHS EWM Realty : 305-674-4000

Listing Agent:

Ben Brissi : 561-870-2211

MLS ID:

A11956142

Location

• Road/Access: State Road
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 640033-34 53 42 COMMERCIAL SUB PB 6-5 LOT 2 BLK 66 LOT SIZE 50.000 X 150 OR 15773-1882 1292 502-32-34-018-0510
• Current Use: Retail

Utilities

• Water: Public
• Sewer: Public Sanitation

Financial

• Source: Miami Association of REALTORS®