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Property profile & analytics
FOR LEASE
Turn key restaurants

955 Alton Rd Miami Beach, FL 33139

15,410 SF 0.47 ac lot Built 1950
Entity Owned 6-yr Hold Free & Clear
Property ID
US18-4852206
Property summary
AI-generated overview

This exceptional 200-square-foot commercial kitchen space is perfectly situated in Miami Beach, Florida, at 955 Alton Rd, zip code 33139. Located in Miami-Dade County, this single-tenant property offers a turnkey solution for entrepreneurs looking to establish or expand their food service operations. Classified as a Class B retail/restaurant space, the entire 200 square feet is currently vacant and ready for immediate occupancy. The property's ideal location makes it particularly well-suited for delivery-focused businesses, such as ghost kitchens, catering companies, or food truck operations seeking a brick-and-mortar presence. This compact yet efficient space presents a low-risk, high-reward opportunity for those seeking to minimize overhead while maximizing profitability. The property's location in the vibrant Miami Beach area ensures high visibility and access to a large customer base. This is an excellent opportunity for startups, personal chefs, or established brands looking to expand their reach in a prime South Florida market. The property is ready for immediate use, eliminating the need for extensive renovations or build-outs.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction CONCRETE
Total area 15,410 SF
Lot 0.47 ac (20,400 SF)
Zoning code 6400:COMMERCIAL,CENTRAL
APN 02-4203-014-0530
UPID US18-4852206
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.83M
Blend (final) Blend
$9.58M
Owner & transaction history
955 Alten Road Mia LLC · 6 yrs held
955 Alten Road Mia LLC
since 2020
Last sale
$9.3M
3 recorded transactions
2020
Price N/A
2020
$9.3M
1969
Price N/A
Zoning & alternative use
6400:COMMERCIAL,CENTRAL · Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $12.9M +12.6%
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