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4-Unit Retail Building with Parking
For Sale
$5,000,000

1558 Alton Rd, Miami Beach, FL 33139

SINGLE_FAMILY - Miami Beach, FL

Property Size7,762 SF
Lot Size0.17 Acres
Price / SF$644.16
Days on Market59

Property Features for 1558 Alton Rd

General Information

Property type Residential
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: Jun 30 Last Checked: Aug 15 at 8:06PM
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 is a four-unit retail building totaling approximately 7,762 SF on a roughly 7,500 SF lot, with on-site parking for tenants. The property is currently 50% occupied by a frame shop of approximately 1,400 SF paying $6,000 per month, and a language school of approximately 2,800 SF paying $5,000 per month. Two additional ground-floor spaces are vacant, including an Alton Road-fronting retail unit of approximately 1,400 SF and a rear space of approximately 2,100 SF that was formerly a flower shop.

The building is located on the west side of Alton Road, described in the remarks as one of the area’s most visible and heavily trafficked corridors, providing direct exposure to surrounding retail activity.

For buyers and operators, the current mix supports ongoing leasing with opportunities to stabilize the two ground-floor vacancies. The property is zoned CD-2, which the remarks state allows future redevelopment up to approximately 15,522 SF and 60 feet in height. This combination of operating units, parking, and redevelopment parameters may appeal to buyers looking for a retail-oriented asset in Miami Beach.

Key Highlights

  • 4‑unit South Beach commercial building with approx. 7,762 SF on a 7,500 SF lot
  • Public water and public sewer service
  • Tenant mix includes a frame shop (+/-1,400 SF) paying $6,000/month and a language school (+/-2,800 SF) paying $5,000/month

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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
Under-served
Demand for This Use

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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Similar Off Market Nearby

  • Flower Details 907 alton rd, miami beach, fl 33139
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  • 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

Frequently Asked Questions

What type of property is this?
Storefront property - West Alton Road retail building offers income-producing units, tenant parking, and CD-2 redevelopment capacity.
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: 4‑unit South Beach commercial building with approx. 7,762 SF on a 7,500 SF lot; Public water and public sewer service; Tenant mix includes a frame shop (+/-1,400 SF) paying $6,000/month and a language school (+/-2,800 SF) paying $5,000/month
More about this property
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