Property profile

1225 Alton Rd Miami Beach, FL 33139

FOR LEASE
Medical Office Space
Property ID
US18-9788702
1,889 SF 0.17 ac lot Built 1934
Entity Owned 28-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

1225 Alton Road is a mixed-use property configured for medical office and related professional use, with flexibility for live-work arrangements. The building is approximately 2,200 square feet situated on a 7,500 square foot lot and is zoned Planned Residential Office (PRO/480). It was historically operated as a medical office for more than 14 years, and the site includes a dedicated parking setup with access from both the front and rear of the property. The property is located on a high-visibility thoroughfare in South Beach, supporting convenient access for patients and customers, and the PRO zoning and parking/access configuration are suited to continued medical or professional service uses with potential compatibility for live-work use.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1934
Construction CONCRETE
Total area 1,889 SF
Lot 0.17 ac (7,500 SF)
Zoning code 4800:PLANNED RESID OFFICE
APN 02-4203-009-8750
UPID US18-9788702

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Group
  • Physician
  • Geriatric Care Provider
  • Medical Clinic
  • Physician

Location

1225 Alton Rd Miami Beach, FL 33139
Miami Beach metro Census 4304 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

Zoning & alternative use

4800:PLANNED RESID OFFICE · Miami Beach, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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