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$23,000,000
319 Days Online

1920 Alton Road
Miami Beach, FL 33139

For Sale|Commercial|Active
0
Beds
0
Full Baths
0
Partial Baths

SqFt

/SqFt
1960
Built
County:
Miami-Dade
Call Now: 786-232-3399
Is this the home for you? We can help make it yours.
786-232-3399
1920 Alton Road1920 Alton Road1920 Alton Road1920 Alton Road
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Trophy Property in superior location with highest traffic count on Miami Beach! Apart from the prime incredible location, the building has been beautifully constructed inside and out. NNN Renters are in line for back up to rent this property. NNN pro-forma rent brings in a cap rate of 5%(currently 50% owner occupied). In addition, the property has a incredible additional value component which is the new zoning change. CD-2 Zoning now allows the property to go up to over 65 Feet height and is allowed to build 50,000 sq.ft. total. The FAR is 2.0! Any firm or end user that is seeking a trophy asset in Miami Beach with a amazing location and a great return plus additional value component; this deal is a one of a kind and is available!

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Listing Snapshot
Price 
$23,000,000
Days Online 
319 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.59 Acres
Year Built 
1960
MLS Number 
A10984847
Status 
Active
Property Tax 
$142,888
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing updated with changes from the MLS
10 months agoListing first seen online
General Features
Zoning 
6400
Property Sub Type 
Retail
Attached Garage 
No
Interior Features
Fireplace 
No
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Exterior Features
Waterfront 
No
Spa 
No
Waterfront Property 
No
Road Frontage 
County RoadCity Street
Community Features
MLS Area 
42
Listing courtesy of Keller Williams Realty Premier

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Neighborhood & Commute
Source: Walkscore
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