Basic Information

  • MLS # A11652726
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Subdivision/Complex Ocean Beach Addn No 3
  • Year Built 1948
  • Total Sqft 5,426
  • Date Listed 09/03/2024
  • Days on Market 234
Description

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: $15,100, 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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Construction Type Brick, Block
  • Design Description Fourplex
  • Parking Description
  • Roof Description Shingle

Interior Features

  • Adjusted Sqft 5,426Sq.Ft
  • Cooling Description Wall Window Units
  • Floor Description Vinyl
  • Heating Description Other
  • Sqft 5,426 Sq.Ft

Property Features

  • Address 11508th St
  • Aprox. Lot Size 5,426
  • Architectural Style Fourplex
  • City Miami Beach
  • Construction Materials Brick, Block
  • County Miami- Dade
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional, F H A
  • Lot Description Less Than Quarter Acre
  • Lot Features Less Than Quarter Acre
  • Occupant Type Tenant
  • Pool Features None
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Roof Shingle
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Ocean Beach Addn No 3
  • Tax Amount $37,946
  • Tax Information O C E A N B E A C H A D D N N O3 P B2-81 L O T16 B L K106 L O T S I Z E7500 S Q F T M/ L
  • Tax Year 2024
  • Terms Considered Cash, Conventional, F H A
  • Type of Property Quadruplex

1150 8th St

Miami Beach, FL 33139

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Alexandria Realty Group LLC. tel: (786) 390-4572

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