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1150 8th St

Miami Beach, FL 33139
  • $3,250,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: A11652726
Price Reduced
UPDATED: 72 min ago
$3,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,426
    SQFT
  • $599
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1948
County:

School Ratings & Info

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: $15,700, 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!

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Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-02-17T11:51:35.917.
www.bettersouthfloridahomes.com/homes/154610815
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1150 8th St Miami Beach, FL 33139

  • Price: $3,250,000
  • Status: Active
  • On Site: 166 Days
  • Updated: 72 min ago
  • MLS #: A11652726
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,426
SQFT
$599
$/SQFT
1948
Built
Neighborhood:
Ocean Beach Addn No 3
County:
Miami-Dade
Area:
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: $15,700, 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!
Exterior Features

Architectural Style Other Construction Materials Concrete Block With Brick Lot Features Less Than 1/4 Acre Lot Parking Total 0 Pool Private YN No Roof Shingle View YN No Waterfront YN No

Interior Features

Adjusted Square Footage 4781 Building Area Total 5426 Cooling Wall/Window Unit(s) Flooring Vinyl Heating Other Heating YN Yes Stories 2

Property Features

Association YN No Building Name OCEAN BEACH ADDN NO 3 Cooling YN Yes Documents Available Copy Of Lease(S) Horse YN No Listing Terms All CashConventionalFHA New Construction YN No Property Sub Type Quadruplex Public Survey Section 3 Rent Includes Gardener Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 37946 Tax Year 2024 Type Of Association None Year Built Details Resale Zoning 6400

Listing courtesy of Alexandria Realty Group LLC: .


Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2025-02-17T11:51:35.917.
 
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United Realty Group
1361 Sawgrass Corporate Parkway #200
Sunrise FL, 33323