Overview

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  • Status: Active
  • Parking No info
  • Size: 5,426 ft2/504.09 m2
  • Price Per: $598.97 ft2/$6,447.24 m2
  • Type: Multifamily
  • Built: 1948
  • HOA: No info
  • MLS Number: A11652726
  • View No info
  • On Site: 168 days
  • Updated: 6 Days Ago
  • Page Views: 9

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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Development Amenities

Development Amenities:

  • Elevators
  • Fitness Center
  • Laundry

Price History

DateEventPriceChange RatePrice Per
02/13/2025Price Reduced$3,250,000.001.5%$598.97 ft2/$6,447.24 m2
01/20/2025Price Reduced$3,300,000.002.9%$608.18 ft2/$6,546.43 m2
12/09/2024Price Reduced$3,400,000.001.4%$626.61 ft2/$6,744.80 m2
10/03/2024Price Reduced$3,450,000.001.4%$635.83 ft2/$6,843.99 m2
09/03/2024Listed$3,500,000.00$645.04 ft2/$6,943.18 m2

Features

Property Details for 1150 8th St, Miami Beach, FL 33139

Ocean Beach, Multifamily current status is Active, 1150 8th St is a Multifamily in , Miami Beach, FL 33139 with property MLS ID# A11652726. This Multifamily has been listed on Best of Luxury Realty since September 04, 2024 and is currently priced at 3,250,000. This property was built in 1948.

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$3,250,000.00
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Area Specialist

Buyer/Tenant Etiquette
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Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
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