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    1520 Alton Rd Miami Beach, FL 33139

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    1520 Alton Rd Miami Beach, FL 33139


    • Automotive properties
    • 5,250 SF
    • 0.17 lot acres
    Retail Property with High Visibility For Sale
    $3,900,000
    5,250 SF

    Retail Property with High Visibility

    Retail property with frontage, parking, and flexible zoning.

    1520 Alton Rd, Miami Beach, FL
    View Listing
    Property ID
    US18-4523153
    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

    • Automotive properties

    Property Details for 1520 Alton Rd

    Year built
    1939
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    5,250 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Automotive properties
    APN
    02-3234-018-0590
    APU
    232340180590

    Description

    This vacant, single-story building at 1520 Alton Road in Miami Beach, Florida, presents a unique investment opportunity. The 5,250 square foot property sits on a 7,500 square foot lot, offering 50 feet of frontage on the bustling Alton Road, just north of 15th Street. Zoned CD-2, it's ideally suited for a variety of uses, including retail, creative office space, or an auto shop. The building is currently vacant, providing immediate occupancy for the new owner. With 10 parking spaces available, this property is well-positioned within a vibrant commercial area, surrounded by other businesses and residential complexes. The asking price is $4,699,000, translating to $895.05 per square foot. This prime South Beach location offers exceptional potential for a savvy investor seeking a high-traffic, high-visibility property. The property consists of one building and one unit, making it an easily managed investment. Its central location in Miami Beach's Alton Road corridor ensures high visibility and accessibility. The property's versatility allows for diverse business ventures, catering to a wide range of potential tenants or owner-occupiers. This is a rare chance to acquire a substantial commercial property in a highly desirable area of Miami Beach.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,560,000
      ML approach
      $3,680,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,575,000
      Market price range: $1.26M - $6.51M
    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $3,310,000
      Current use
      COMMERCIAL (GENERAL)
      $4,385,000
      Change: +32% Conversion: Moderate
      RESTAURANT
      $3,920,000
      Change: +18% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1415
    Latitude
    25.7878
    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
    $44,585
    $2,250,000
    $109,389
    $2,359,389
    -
    $2,250,000
    $109,389
    $2,359,389
    View Listing
    More about this property
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