Retail and Medical Office
For Sale
Contact for pricing
1609 Alton Rd, Miami Beach, FL 33139
Multi-tenant building with ground-floor retail and a second-floor medical office, plus 12 on-site parking spaces.
Property Size8,850 SF
Lot Size0.17 Acres
Days on Market121
Property Features for 1609 Alton Rd
General Information
Standard status
Active
Size
8,850 SF
Total Parking Spaces
12
Lot size
0.17 Acres
Property subtype
Mixed Use
Additional Details
Office Units
1
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(786) 522-7009
Listed By:
Scott Sandelin · License #FL SL636794
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 2:40PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
1609 Alton Road is a mixed-use commercial building offering 4,650 square feet of ground floor retail space and 4,200 square feet of second floor medical office. The property includes two ground floor retail suites and a second-floor medical office suite that is described as being master leased by the current owner for two years. Twelve on-site parking spaces are provided on site.
The building is located on Alton Road just steps south of Lincoln Road, in Miami Beach. The ground floor retail includes tenants Sobe Liquors and Sky Nails & Spa, each operating under lease terms described in the remarks. Sobe Liquors occupies 2,000 square feet of ground floor retail space with four years remaining on a below-market, modified gross lease. Sky Nails & Spa occupies 2,650 square feet of ground floor space under a new seven-year NNN lease with one five-year option.
The building is located on Alton Road just steps south of Lincoln Road, in Miami Beach. The ground floor retail includes tenants Sobe Liquors and Sky Nails & Spa, each operating under lease terms described in the remarks. Sobe Liquors occupies 2,000 square feet of ground floor retail space with four years remaining on a below-market, modified gross lease. Sky Nails & Spa occupies 2,650 square feet of ground floor space under a new seven-year NNN lease with one five-year option.
Key Highlights
- Multi‑tenant property with 8,850 SF gross leasable space on 7,500 SF of land in Miami Beach.
- First‑floor retail includes 4,650 SF with two ground‑floor suites currently leased.
- Second‑floor medical office totals 4,200 SF and will be master leased by the current owner for two years.
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
7,271
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-tenant building with ground-floor retail and a second-floor medical office, plus 12 on-site parking spaces.
Where is this medical office space located?
The property is located at 1609 Alton Rd Miami Beach, FL.
What are key features of this property?
This property features: Multi‑tenant property with 8,850 SF gross leasable space on 7,500 SF of land in Miami Beach.; First‑floor retail includes 4,650 SF with two ground‑floor suites currently leased.; Second‑floor medical office totals 4,200 SF and will be master leased by the current owner for two years.
