Ocean Beach 1150 8th St Miami Beach, FL 33139
Overview
- Status: Active
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- 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: 170 days
- Updated: Listing Refreshed: 7 Days Ago
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!
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 02/13/2025 | Price Reduced | $3,250,000.00 | 1.5% | $598.97 ft2/$6,447.24 m2 |
| 01/20/2025 | Price Reduced | $3,300,000.00 | 2.9% | $608.18 ft2/$6,546.43 m2 |
| 12/09/2024 | Price Reduced | $3,400,000.00 | 1.4% | $626.61 ft2/$6,744.80 m2 |
| 10/03/2024 | Price Reduced | $3,450,000.00 | 1.4% | $635.83 ft2/$6,843.99 m2 |
| 09/03/2024 | Listed | $3,500,000.00 | $645.04 ft2/$6,943.18 m2 |
Contact Information
This property is courtesy of the Alexandria Realty Group LLC. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.