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Four-Unit Alton Road Retail Building
For Sale
$5,000,000

1558 Alton Rd, Miami Beach, FL 33139

Commercial Sale, Miami Beach, FL

Property Size7,762 SF
Lot Size0.17 Acres
Price / SF$644.16
Days on Market106

Property Features for 1558 Alton Rd

General Information

Property type Commercial Sale
Property subtype Retail
Zoning description 6400
Subdivision 32
Standard status Active
APN 02-32-34-018-0510
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax 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
Tax Annual Amount 55361
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

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1925
Listing Agency: BHHS EWM Realty
Listed By: Ben Brissi · License #3288847
Added: Jun 18 Changed: Oct 1 Last Checked: Oct 1 at 1:06PM
MLS# A11956142

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit retail property contains approximately 7,762 square feet on a 7,500-square-foot lot, with on-site parking for tenants. The building dates to 1925 and is served by public water and public sewer. Current occupancy is 50%, with existing space used by a frame shop and language school. Two ground-floor areas are vacant, including an approximately 1,400-square-foot retail unit facing Alton Road and an approximately 2,100-square-foot rear space formerly occupied by a flower shop.

The property is located at 1558 Alton Rd in Miami Beach, within the South Beach area and along Alton Road. CD-2 zoning allows future redevelopment of up to approximately 15,522 square feet and a maximum height of 60 feet, adding flexibility beyond the existing retail configuration.

Key Highlights

  • Approximately 7,762 SF four‑unit retail building on a 7,500 SF lot
  • 50% current occupancy with two existing commercial occupants
  • Vacant approximately 1,400 SF Alton Road‑fronting retail unit

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Restaurant Plumbing Service Nursing Home 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.

Lease Details

50%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

7,271
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with on-site parking, existing occupancy, and additional ground-floor space for commercial use.
Where is this retail space 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: Approximately 7,762 SF four‑unit retail building on a 7,500 SF lot; 50% current occupancy with two existing commercial occupants; Vacant approximately 1,400 SF Alton Road‑fronting retail unit
More about this property
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