Commercial
Commercial
Type
1925
Built
Listing courtesy of
BHHS EWM Realty
Ben Brissi
MLS® #A11956142
Listing information last updated June 18, 2026
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Overview
This commercial in Miami Beach is listed for sale at $5,000,000. Built in 1925.
Prime South Beach commercial opportunity on the west side of Alton Road, one of the area’s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ±1,400 SF frame shop paying $6,000/month and a ±2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ±1,400 SF Alton Road–fronting retail unit and a ±2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ±15,522 SF and 60’ height.
Listing history
Listed for sale
Jan 30, 2026 · MIAMI MLS
$5,000,000
Days on market
as of today
174 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$55,361
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11956142
Price$5,000,000
Year built1925
TypeCommercial
StatusFor Sale
Location
1558 Alton Rd, Miami Beach FL 33139
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 174 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.