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: $15,700, 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!
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: $15,700, 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!
Property Details
Price:
$3,500,000
MLS #:
A11652726
Status:
Active
Beds:
0
Baths:
0
Address:
1150 8th St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
OCEAN BEACH ADDN NO 3
Neighborhood:
Ocean Beach Addn No 3
City:
Miami Beach
Listed Date:
Sep 3, 2024
State:
FL
Finished Sq Ft:
5,426
Total Sq Ft:
5,426
ZIP:
33139
Year Built:
1948
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Schools
Interior
Cooling
Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Other
Exterior
Architectural Style
Other
Construction Materials
Concrete Block With Brick
Roof
Shingle
Financial
Tax Year
2024
Taxes
$37,946
Map
Community
- Address1150 8th St Miami Beach FL
- SubdivisionOCEAN BEACH ADDN NO 3
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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