1150 8th Street, Miami Beach, FL 33139

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Sold Price
$2,820,000
List Price
$2,820,000
Days on Market
0
Closing Date
Jan 08, 2026
MLS#
A11923435
Sq. Ft
5,426
Subtype
Quadruplex
County
Miami-Dade
Subdivision
Ocean Beach Addn No 3
Year Built
1948

Property 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!

Additional Information

Construction
Block
Cooling
Wall/Window Unit(s)
Flooring
Vinyl
Heating
Other, Separate Meters
Roof
Shingle
Taxes
$37,946
Utilities
Cable Not Available
Stories
2
Price Per Sqft
$519

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Calculator source: Real Geeks

Listing courtesy of Alexandria Realty Group LLC. Contact:

Selling Office: Buy The Beach Realty Group, LLC..

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Yahia Ezz Aly | Email: yahia@alexandriarealtygroup.com