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    1570 Alton Rd Miami Beach, FL 33139
    Property profile & analytics

    1570 Alton Rd Miami Beach, FL 33139


    • Outlet malls
    • 4,596 SF
    • 0.18 lot acres
    Miami Beach Retail Investment Opportunity For Sale
    $8,200,000
    4,146 SF

    Miami Beach Retail Investment Opportunity

    Retail property with future development potential in Miami Beach.

    1570 Alton Rd, Miami Beach, FL
    View Listing
    Property ID
    US18-1675731
    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
    5.7%
    Outlet malls
    Location Intelligence

    Current Use by Public Records

    • Outlet malls

    Property Details for 1570 Alton Rd

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    0.18 lot acres
    Property size
    4,596 SF
    Zone code
    6400:COMMERCIAL,CENTRAL
    Property type
    Outlet malls
    Property subtype
    Shopping centers
    APN
    02-3234-018-0520
    APU
    232340180520

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,350,000
      ML approach
      $1,325,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,295,000
      6.5%
      $1,195,000
      7%
      $1,110,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $745,000
      Market price range: $133k - $3.30M

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


    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-dade
    State
    Florida
    Longitude
    -80.1414
    Latitude
    25.7887
    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
    $45,002
    $2,400,000
    $343,788
    $2,743,788
    -
    $2,400,000
    $343,788
    $2,743,788
    View Listing
    More about this property
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