1558 Alton Rd ,Retail for Sale & Rent

1558 Alton Rd for Sale & Rent

Price $5,000,000.00

• Lot size 7762
• Year Build 1925
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prime South Beach commercial opportunity on the west side of Alton Road, one of the area?s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ?1,400 SF frame shop paying $6,000/month and a ?2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ?1,400 SF Alton Road?fronting retail unit and a ?2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ?15,522 SF and 60? height.

33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 2 BLK 66 LOT SIZE 50.000 X 150 OR 15773-1882 1292 5

City Location

Prime South Beach commercial opportunity on the west side of Alton Road, one of the area?s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ?1,400 SF frame shop paying $6,000/month and a ?2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ?1,400 SF Alton Road?fronting retail unit and a ?2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ?15,522 SF and 60? height.

City:Miami Beach,Zoning:6400,List A O R:A-Miami Association of REALTORS,Tax Year:2025,Latitude:25.788467,List Price:5000000,Listing Id:A11956142,Longitude:-80.141525,Mls Status:Active,Year Built:1925,Inclusions:Building & Land,Postal Code:33139,Street Name:Alton Rd,Coordinates:1:25.788467,Photos Count:28,Business Type:1:Education/School,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:32,On Market Date:2026-01-30,Parcel Number:02-32-34-018-0510,Property Type:Commercial Sale,Street Number:1558,Public Remarks:Prime South Beach commercial opportunity on the west side of Alton Road, one of the area?s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ?1,400 SF frame shop paying $6,000/month and a ?2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ?1,400 SF Alton Road?fronting retail unit and a ?2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ?15,522 SF and 60? height.,Structure Type:1:Free Standing,2:Office/Retail,3:Office,4:Professional,5:Retail,County Or Parish:Miami-Dade County,Expiration Date:2026-07-11,List Office Name:BHHS EWM Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Property Sub Type:Retail,State Or Province:FL,Tax Annual Amount:55361,Unparsed Address:1558 Alton Rd, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,Building Area Total:7762,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:7500,M I A M I R E_ Flood Zone:AE,M I A M I R E_ For Sale Y N:1,Original List Price:5000000,Public Survey Range:32,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Prime South Beach commercial opportunity on the west side of Alton Road, one of the area?s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ?1,400 SF frame shop paying $6,000/month and a ?2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ?1,400 SF Alton Road?fronting retail unit and a ?2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ?15,522 SF and 60? height.,Listing Contract Date:2026-01-30,Originating System I D:miamire,Public Survey Section:34,Street Number Numeric:1558,Tax Legal Description:33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 2 BLK 66 LOT SIZE 50.000 X 150 OR 15773-1882 1292 5,M I A M I R E_ Current Price:5000000,Public Survey Township:32,M I A M I R E_ Municipal Code:2,M I A M I R E_ Total Mortgage:750000,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Located on the West side of Alton Road.,M I A M I R E_ Parcel Number M L X:0510,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.788467$-80.141525$148.99$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJREV5TEgwV3c.,Contract Status Change Date:2026-01-30,Internet Address Display Y N:1,Number Of Units In Community:4,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:18,M I A M I R E_ Acreage Description:1/4 Acre Or Less,M I A M I R E_ Agent Alternate Phone:561-870-2211,M I A M I R E_ Occupancy Percentage:50,M I A M I R E_ Improvement Height C O M:2 Stories,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1558 Alton Rd,Internet Automated Valuation Display Y N:1,