1441 Alton Rd, Miami Beach, FL 33139
sale
$11,000,000
|
Retail
Courtesy Of BHHS EWM Realty
Exceptional Miami Beach commercial and redevelopment opportunity at 1441 Alton Road. Existing 8,006 SF retail building situated on a prime 18,300 SF lot with three equally sized retail spaces and 19 on-site parking spaces. Two spaces are leased to national tenants 7-Eleven and GoPuff, each paying $17,000 per month, providing strong in-place income. The third space is vacant and can be leased at similar rates, offering immediate upside. CD-2 zoning allows for significant redevelopment potential, including up to 34,364 SF, 50 ft height, up to 39 residential units, commercial or office space. Ideal for investors or developers seeking income with long-term growth potential.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Exterior Type: Block
- Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 LOTS 23 & 24 BLK 109 LOT SIZE 122.000 X 150 OR 14147-1757 0589 4 COC 25799-4216 07 2007 4
- MLSID: A11955434
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