1671 Alton Rd Miami Beach, FL 33139-2427
Property profile & analytics
1671 Alton Rd Miami Beach, FL 33139-2427
- Outlet malls
- 8,136 SF
- 0.17 lot acres
Property ID
US18-4171770
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.
Location Intelligence
Current Use by Public Records
- Outlet malls
Property Details for 1671 Alton Rd
- Year built
- 1936
- Construction
- CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 8,136 SF
- Zone code
- 6400:COMMERCIAL,CENTRAL
- Property type
- Outlet malls
- Property subtype
- Shopping centers
- APN
- 02-3234-017-0130
- APU
- 232340170130
Description
This 7,500-square-foot storefront, built in 1936 and renovated in 2022, is located at 1671 Alton Rd, Miami Beach, FL 33139. The property boasts a desirable location on a main artery, offering easy access to surrounding retail, restaurants, hotels, and entertainment venues. Its proximity to Lincoln Road, Sunset Harbor, and West Avenue ensures high visibility and foot traffic. The building features a newly created outdoor patio, perfect for various uses. The property is zoned CD-2 and includes 0.41 parking spaces per 1,000 square feet. The asking price is $6,950,000, representing a price per square foot of $1,066.67 and a 5.30% cap rate. Currently at 20% occupancy, this multi-tenant property presents a significant investment opportunity. The area is experiencing a resurgence with new developments, including a mixed-use medical center and a Trader Joe's, further enhancing the property's value and potential. Seller financing is available with 70% LTV and a 6% interest rate. The property's strategic location within a thriving neighborhood, combined with its recent renovations and the ongoing development in the area, makes it an attractive investment prospect. The single-story building sits on a 7,500-square-foot lot.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $722,000
Market price range: $236k - $5.84M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1409
- Latitude
- 25.7913
- 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
$43,141
$2,625,000
$33,007
$2,658,007
-
$2,625,000
$33,007
$2,658,007
