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    1558 Alton Rd Miami Beach, FL 33139

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    For Sale
    $5,000,000

    Four-unit building on Alton Road with redevelopment potential.

    Type:Commercial
    Property size:
    7,762 SF
    Lot size:
    0.17 Acres
    Added:
    Apr 24, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 3:43 pm

    Property Features for 1558 Alton Rd

    General Information

    Standard status
    Active
    Size
    7,762 SF
    Lot size
    0.17 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1925

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    Listing Contact
    Zachary Joslin

    Listing agent Zachary Joslin

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

    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 Zachary Joslin


    Overview

    South Beach Commercial Opportunity

    This commercial property is located in South Beach on the west side of Alton Road, a visible and heavily trafficked corridor. The four-unit building totals approximately 7,762 square feet and is situated on a 7,500 square foot lot. On-site parking is available for tenants. The building is currently 50% occupied. A frame shop occupies approximately 1,400 square feet and pays $6,000 per month, while a language school occupies approximately 2,800 square feet and pays $5,000 per month. The current leases are below market value. There are two vacant ground-floor spaces: an approximately 1,400 square foot retail unit fronting Alton Road and an approximately 2,100 square foot rear space, formerly a flower shop. The pro-forma gross income is approximately $367,500 annually. At market rents, the income supports a projected cap rate above 7% at stabilization. The CD-2 zoning allows for future redevelopment up to approximately 15,522 square feet and a height of 60 feet. The location has a bike score of 77, indicating it is very bikeable, a walk score of 95, indicating it is a walker's paradise, and a transit score of 59, indicating good transit options.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Food Market Daycare Center Grocery & Convenience Store

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

    Similar Places Nearby

    • Flower Details 907 alton rd, miami beach, fl 33139
    • Luxury Flowers Miami Beach 907 alton rd, miami beach, fl 33139
    • My Peonika Online Flower Shop 1330 pennsylvania ave apt 316, miami beach, fl 33139
    • Seasons Flowers of South Beach 1526 Alton Rd, Miami Beach, FL 33139
    • Fleurs De La Mer 1224 Washington Ave, Miami Beach, FL 33139

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.141525
    Latitude
    25.788467

    FAQs

    What type of property is this?
    Storefront property - Four-unit building on Alton Road with redevelopment potential.
    Where is this storefront property located?
    The property is located at 1558 Alton Rd Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: High‑traffic location on Alton Road in South Beach.; Significant income potential with pro‑forma gross income approx. $367,500 annually and projected cap rate above 7% at stabilization.; CD‑2 zoning allows for future redevelopment up to ±15,522 SF and 60’ height.
    More about this property
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