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    1235 Alton Rd Miami Beach, FL 33139
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    1235 Alton Rd, Miami Beach, FL 33139

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    • Outlet malls
    • 2,642 SF
    • 0.17 lot acres
    Alton Road Office/Retail Space For Lease
    $26 SF/Yr
    1,642 SF

    Alton Road Office/Retail Space

    Rental space with frontage on Alton Rd in South Beach.

    1235 Alton Rd, Miami Beach, FL 33139
    View Listing
    Property ID
    US18-8632762
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 1235 Alton Rd

    Year built
    1934
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Zone code
    4800:PLANNED RESID OFFICE
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    02-4203-009-8760
    APU
    242030098760

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 29, 2025 $2,000,000 Trian LLC Alexander O Lopez Warranty Deed
    Jan 18, 2022 Astoria Dental At The Beach INC Deed · related $1.4M · Interamerican Bank Fsb
    Sep 20, 2016 Alexander O Lopez Deed · related $1.4M · Interamerican Bank Fsb
    Aug 4, 2004 $855,000 Alexander O Lopez Solano,carlos A Grant Deed $684k · Union Planters National Bank
    Lopez,alexander O Loan Modification · related
    Alexander O Lopez Deed Of Trust · related $73k · Regions Bk/fayette

    Description

    This exceptional investment opportunity presents a fully occupied, 2,642 square foot medical and traditional office building situated on Alton Road in Miami Beach, Florida. The property, built in 1934, consists of one single-story building encompassing two units, currently leased to a dentist and a real estate office, ensuring a 100% occupancy rate. Each unit commands a price of $2,975,000, with the entire property listed at $5,950,000, reflecting a price per square foot of $2,252.08. The 0.17-acre lot includes a private parking area, a significant advantage in this high-traffic location. The property benefits from its prime position on Alton Road, a bustling commercial corridor experiencing significant redevelopment, with an estimated 35,000 cars passing daily. This presents a unique chance to acquire a well-performing asset in a rapidly evolving area, with potential for future development and expansion, given the possibility of acquiring adjacent properties. The seller is open to owner financing or the assumption of an existing mortgage, making this an attractive proposition for various investment strategies. The property's APN is 02-4203-009-8760 and is located in Miami-Dade County, Florida, zip code 33139.


    Value Estimations

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    Location Insight

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    • Local Demand
    City
    Miami Beach
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1406
    Latitude
    25.7834
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,135
    $1,800,000
    $164,188
    $1,964,188
    -
    $1,800,000
    $164,188
    $1,964,188
    View Listing
    More about this property
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