$6,500,000

Price reduced

807 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

Listing courtesy of Compass Florida, LLC.

Location

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