For sale
Photo 1 of 7$6,500,000
Price reduced807 Alton Rd, Miami Beach FL 33139
14,518 sq ftBuilt 1945MLS# A11929338
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About this property
a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transforming
commercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside.
The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach’s premier retail and dining destinations.
With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.
Property details
- Property type
- Multi-family
- Year built
- 1945
- Living area
- 14,518 sq ft
- Price per sq ft
- $448
- Property taxes
- $90,422/yr
- Parking
- 4 spaces
- Floors in building
- 3
- Building / community
- Lenox Manor
- Status
- Price reduced
- MLS #
- A11929338
