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    1570 Alton Rd Miami Beach, FL 33139

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    For Sale
    $8,200,000

    Retail property with upside potential near Ocean Drive.

    Property size:
    4,146 SF
    Lot size:
    0.18 Acres

    Property Features for 1570 Alton Rd

    General Information

    Size
    4,146 SF
    Lot size
    0.18 Acres

    Source: Chariff Realty Group, Inc. Agent Lyle Chariff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Beach Retail Investment Opportunity

    This retail property offers future upside as market rents increase, with a history of consistent rental increases. Tenants include TD Bank, Sufrait Grill, and Casa Green. The property is located within blocks of Ocean Drive, Lincoln Road Mall, Espanola Way, and South of Fifth. It is a potential future development site with onsite parking. Immediate access to I-195 and I-95 is available, and it is minutes from the Design District, Wynwood, Magic City Innovation District, and Little River. The property encompasses 4,146 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    br anuel, Keycafe, Shoppes of Il Villaggio, Coin Cloud Bitcoin ATM, アールデコ歴史区域

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.141571
    Latitude
    25.789763

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    FAQs

    What type of property is this?
    Shopping center - Retail property with upside potential near Ocean Drive.
    Where is this shopping center located?
    The property is located at 1570 Alton Rd Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $8,200,000.
    What are key features of this property?
    This property features: - Prime location within blocks of Ocean Drive, Lincoln Road Mall, Espanola Way, and South of Fifth.; - Strong tenant mix: **TD Bank, Sufrait Grill, and Casa Green**.; - Future development site potential.
    (305) 576-7474
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    1570 Alton Rd Miami Beach, FL 33139
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    Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1570 Alton Rd Miami Beach, FL 33139
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