Miami Beach, FL 33139 1150 8th St

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Presented By: This listing is courtesy of Alexandria Realty Group LLC;
  • MLS# A11652726
  • 09/03/2024
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 2
  • SQFT • 5,426

Home Details

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: $15,700, 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!
Presented By: This listing is courtesy of Alexandria Realty Group LLC;

Interior Features for 1150 8th St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringVinyl
Heating Y/NNo

General for 1150 8th St

Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami Beach
Construction MaterialsBrick, Block
CoolingWallWindowUnits
CountyMiami-Dade County
Days on Market
Garage Y/NNo
HeatingOther
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionOCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 BLK 106 LOT SIZE 7500 SQ FT M/L
LevelsTwo
Lot Size UnitsSquareFeet
MLS Area32
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeTenant
Pool FeaturesNone
PostalCityMiami Beach
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGardener
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories2
Subdivision NameOCEAN BEACH ADDN NO 3
Tax Annual Amount37946.0
Tax Year2024
TermsCash, Conventional, FHA
UtilitiesCableNotAvailable
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1948
Year Built DetailsResale
Zoning Description6400

Exterior for 1150 8th St

Building Area Total5426.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesItem14Acre
Open Parking Y/NNo
SpaNo
Total Parking0.0

Additional Details

Price History

Diana Fahmie

Realtor
Price $3,500,000
MLS#A11652726
List Date 09/03/2024
Property Type Income
Phone 954.815.8213
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