1558 Alton Road
Miami Beach, FL 33139
MLS # A11956142· Active IDX
$5,000,000
- Bathrooms
- 0
- Living area
- 7,762 sq ft
- Lot size
- 0.17 acres
- Year built
- 1925
- Type
- Retail
- Days on market
- 281
About this home
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.
Details
| MLS # | A11956142 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33139 |
| Water | Public |
| Sewer | Public Sewer |
| Annual taxes | $55,361 |
Listing courtesy of BHHS EWM Realty, Ben Brissi. Last updated Oct 30, 2026, 8:11 PM ET.
Request a showing
Mention MLS # A11956142 (1558 Alton Road) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 8:11 PM ET.