Need Help Buying or Selling A Home?

Pinnacle Real Estate Group – FL

1558 Alton Road, Miami Beach, FL 33139 (MLS# A11956142)

1558 Alton Road, Miami Beach, FL 33139

$5,000,000
Property Type: Commercial Sale Square Footage: 7,762 Status: Active
Current Price: $5,000,000 List Date: 1/30/2026 Last Modified: 9/11/2026

Overview

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.

Listing Details MLS# A11956142

General Property Information

Property Sub Type
Retail
Number Of Units Total
4
Occupant Type
Call Listing Agent
Building Area Main
7762
Year Built
1925
Lot Size Area
7500
Lot Size Acres
0.17

Property Features

Business Type: Education/School; Retail Location of Property: City Location Possession: Negotiable Sale Includes: Building; Land Tenant Pays: Electricity; Interior Electric Listing Terms: Cash; Conventional Road Frontage Type: State Road Sewer: Public Sewer Structure Type: Office; Retail Water Source: Public Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
5000000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1558
Street Name
Alton
Street Suffix
Road
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Area
2320
Parcel Number
0232340180510
Subdivision Number
18
Zoning
6400
Flood Zone
AE

Financial Information

Tax Annual Amount
55361
Tax Year
2025
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

Status Change Information

Major Change Timestamp
2026-01-30T22:28:33Z
Major Change Type
New Listing
Status Change Date
2026-01-30

More Information

Building and Property Details

Improvement Height
2 Stories

Income and Expenses

Occupancy Percentage
50

Description of Unit Type 1

Unit Type
Shop(s)

Description of Unit Type 2

Unit Type
Shop(s)

Description of Unit Type 3

Unit Type
Shop(s)

Description of Unit Type 4

Unit Type
Shop(s)

Price Calculations

Current Price To SqFt
644.16

Section Details

Parcel Number MLX
0510

Originating Details

Originating System Key
426145762
Originating System ID
M00000151
IDX
Listing Office: BHHS EWM Realty
Last Updated: September - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

No obligation, confidential call.
Interested In Our Properties? Call Us With Any Questions
Scroll to top