1150 8th St
Miami Beach, Florida
$3,450,000 Rental Price
- Bedrooms   - Baths

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...

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!

Listing courtesy of Alexandria Realty Group LLC

 

Listing Details

Miami Beach, Florida
Type: Rental
Price: $3,450,000
Approx. square footage: 5,426 sf
Last Updated: 10/3/2024
Web ID: 11652726
MLS ID: A11652726

Info & Amenities

Type: Quadruplex
Built: 1948
Pool: Yes

Map of Area for 1150 8th St

Listing Agent(s)

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