1558 Alton Rd, Miami Beach, FL 33139
- 7,762 sqft
Commercial Property 
Built in 1925 
7,405sqft lot
—— car garage 
$644/sqft 
Listed 4 months ago
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:
- June 12, 2026 at 7:08PM
- Listing Office:
- BHHS EWM Realty : 305-674-4000
- Listing Agent:
- Ben Brissi : 561-870-2211
- MLS ID:
- A11956142
- 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
- Water: Public
- Sewer: Public Sanitation
- Source: Miami Association of REALTORS®
This listing courtesy of Ben Brissi , BHHS EWM Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
