1150 8th St, Miami Beach FL 33139

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!

This quadruplex home located at 1150 8th St, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 261 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is 5426 square feet. It was built in 1948. 1150 8th St, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.