1824 Alton Rd Miami Beach, FL 33139-1528
This exceptional retail or restaurant space, located at 1824 Alton Road in Miami-Dade County's vibrant Sunset Harbour submarket, presents a unique investment opportunity. The property boasts ±28 feet of frontage on Alton Road, providing excellent visibility and signage opportunities for any business. With a high ceiling of approximately 20 feet, the space offers ample room for creative design and layout. A grease trap is already installed, making it ideal for a restaurant concept. The property is part of a larger development with convenient access to a 127-space parking garage, ensuring ample parking for customers and employees. This multi-tenant building offers a dynamic and thriving location within Sunset Harbour, known for its upscale atmosphere and high foot traffic. The property's prime location and desirable features make it an attractive option for a variety of businesses seeking a prominent presence in this sought-after area. The significant frontage and high ceilings create a striking visual impact, while the existing grease trap simplifies the setup for food-related businesses. The ample parking further enhances the convenience and appeal of this exceptional retail or restaurant space. This is a rare opportunity to secure a highly visible and well-located property in one of Miami's most desirable neighborhoods. Interested parties should inquire for further details and leasing information.
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.