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Key Facts

Type Quadruplex
Levels Residential Income
Size 5426 sqft
Garage No
Taxes $37,946
Days Active 261
Lot Size 
Approx. Age 1948
Avg. Price Per Sqft $525
MLS® Number A11652726

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberA11652726
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1948
Basement
Driveway
Garage Spaces
HeatOther
A/CWall/Window Unit(s)
Heating Fuel

Extras

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