1570 Alton Rd Miami Beach, FL 33139-3401
This exceptional Miami Beach storefront, located at 1570 Alton Rd, presents a lucrative investment opportunity. Boasting 4,146 square feet on an 8,000 square foot lot, this property is zoned CD-2 and commands a price of $8,200,000 ($1,977.81/sq ft). Currently occupied by TD Bank, Sufrait Grill, and Casa Green, the property offers consistent rental income with significant future upside potential as market rents increase. Its prime location places it within blocks of Ocean Drive, Lincoln Road Mall, Espanola Way, and South of Fifth, ensuring high visibility and foot traffic. The property also benefits from onsite parking and immediate access to I-195 and I-95, providing convenient access to major transportation arteries and surrounding areas including the Design District, Wynwood, and more. Furthermore, its potential for future development adds to its long-term investment value. All information should be independently verified.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Beach, FLMiami Beach. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.