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Miami Beach Redevelopment Opportunity
For Sale
$11,000,000

1441 Alton Rd, Miami Beach, FL 33139

Prime commercial property with income and redevelopment potential.

Property Size8,006 SF
Lot Size0.42 Acres
Price / SF$1,373
Days on Market213

Property Features for 1441 Alton Rd

General Information

Standard status Active
Size 8,006 SF
Lot size 0.42 Acres
Zoning CD-2

Taxes and HOA fees

Annual Taxes $100,085

Amenities

Common
Detached

Building Details

Building Size 8,006 SF
Year Built 1966
Listing Agency: Berkshire Hathaway HomeServices EWM Realty
Listed By: Ben Brissi · License #3288847
Source: Evrealestate
Added: Jan 29 Changed: Aug 23 Last Checked: Aug 30 at 1:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices EWM Realty

Investment Insights

Based on property information with market context.

This Miami Beach commercial property offers a redevelopment opportunity at 1441 Alton Road. The existing 8,006 square foot retail building is situated on an 18,300 square foot lot. The property features three equally sized retail spaces and 19 on-site parking spaces. Two spaces are leased to national tenants, 7-Eleven and GoPuff, each paying $17,000 per month. The third space is vacant and can be leased at similar rates. CD-2 zoning allows for redevelopment potential, including up to 34,364 square feet, 50 ft height, and up to 39 residential units, commercial or office space. This property is suitable for investors or developers seeking income with long-term growth potential.

Key Highlights

  • Prime Miami Beach location on Alton Road with significant redevelopment potential up to 34,364 SF.
  • CD‑2 zoning allows for flexible redevelopment options including residential, commercial, or office space.
  • Strong in‑place income from national tenants 7‑Eleven and GoPuff, each paying $17,000 per month.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

7,980
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime commercial property with income and redevelopment potential.
Where is this retail space located?
The property is located at 1441 Alton Rd Miami Beach, FL.
What is the asking price?
The asking price for this property is $11,000,000.
What are key features of this property?
This property features: Prime Miami Beach location on Alton Road with significant redevelopment potential up to 34,364 SF.; CD‑2 zoning allows for flexible redevelopment options including residential, commercial, or office space.; Strong in‑place income from national tenants 7‑Eleven and GoPuff, each paying $17,000 per month.
More about this property
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