1150 8th St, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Residential Income
Overview
- Quadruplex
- 5426
- 1948
Description
Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street,
on the same block as the New Baptist Health Center in Miami Beach. AAA Location – IDEAL for Owner
Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term
Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building.
Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents!
Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually!
All Units come furnished with inventory list, they are all the exact same on the interior!
Address
Open on Google Maps- Address 8th St
- City Miami Beach
- State/county Miami-Dade County
- Zip/Postal Code 33139
- Area OCEAN BEACH ADDN NO 3
Details
Updated on May 27, 2025 at 6:42 pm- Property ID: A11652726
- Price: $2,820,000
- Property Size: 5426 Square Feet
- Year Built: 1948
- Property Type: Quadruplex
- Property Status: Residential Income
Features
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