1150 8th St, Miami Beach FL 33139 | Miami-Dade County | A11652726
- $2,820,000
1150 8th St, Miami Beach FL 33139 | Miami-Dade County | A11652726
- $2,820,000
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!
Address
Open on Google Maps-
Address: 8th St
-
City: Miami Beach
-
State/county: Miami-Dade County
-
Zip/Postal Code: 33139
-
Area: OCEAN BEACH ADDN NO 3
Details
Updated on August 3, 2025 at 12:02 pm-
Property ID A11652726
-
Price $2,820,000
-
Property Size 5426 Square Feet
-
Year Built 1948
-
Type Quadruplex
-
Property Status Residential Income
Additional details
-
ArchitecturalStyle Other
-
BuildingAreaTotal 5426
-
BuildingAreaUnits Square Feet
-
BuildingName OCEAN BEACH ADDN NO 3
-
ConstructionMaterials Concrete Block With Brick
-
ContractStatusChangeDate 2024-09-03
-
Cooling Wall/Window Unit(s)
-
DaysOnMarket 261
-
DocumentsAvailable Copy Of Lease(S)
-
Flooring Vinyl
-
Heating Other
-
InternetAddressDisplayYN 1
-
InternetEntireListingDisplayYN 1
-
ListAOR A-Miami Association of REALTORS
-
ListAgentDirectPhone 641-340-0089
-
ListAgentEmail yahia@alexandriarealtygroup.com
-
ListAgentFullName Yahia Aly
-
ListAgentKey 27e9dec0a0c7cb12abd06093b0305d50
-
ListAgentMlsId 3444671
-
ListAgentOfficePhone 641-340-0089
-
ListAgentStateLicense 3444671
-
ListOfficeKey 74c2a832fa770d754566f90de284c8d8
-
ListOfficeMlsId AXRG01
-
ListOfficeName Alexandria Realty Group LLC
-
ListOfficePhone 641-340-0089
-
ListingAgreement Exclusive Agency
-
ListingContractDate 2024-09-03
-
ListingKey 42180ae38e2c4fa69dff459c936cd78b
-
ListingTerms All Cash,Conventional,FHA
-
LotFeatures Less Than 1/4 Acre Lot
-
LotSizeSquareFeet 0
-
MLSAreaMajor Ocean Beach Addn No 3
-
MajorChangeTimestamp May 27, 2025 at 04:19pm
-
MajorChangeType Price Decrease
-
MlsStatus Active
-
ModificationTimestamp May 27, 2025 at 04:19pm
-
NumberOfUnitsInCommunity 4
-
OnMarketDate 2024-09-03
-
OriginalEntryTimestamp September 3, 2024 at 10:23pm
-
OriginalListPrice 3500000
-
OriginatingSystemID miamire
-
OriginatingSystemKey miamire
-
OriginatingSystemName Miami Association of REALTORS®
-
OtherExpense 0
-
ParcelNumber 02-42-03-009-8650
-
ParkingTotal 0
-
PhotosChangeTimestamp September 3, 2024 at 10:28pm
-
PhotosCount 27
-
PostalCodePlus4 5913
-
PreviousListPrice 2850000
-
PriceChangeTimestamp May 27, 2025 at 04:19pm
-
PublicSurveyRange 42
-
PublicSurveySection 3
-
PublicSurveyTownship 42
-
RentIncludes Gardener
-
Roof Shingle
-
Sewer Public Sewer
-
ShowingContactType Agent
-
ShowingInstructions Call Listing Agent
-
SourceSystemKey 400435356
-
StateOrProvince FL
-
StatusChangeTimestamp March 11, 2025 at 11:44am
-
Stories 2
-
StoriesTotal 2
-
StreetName 8th St
-
StreetNumber 1150
-
StreetNumberNumeric 1150
-
StructureType Quadruplex,Fourplex
-
SyndicationRemarks 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!
-
TaxAnnualAmount 37946
-
TaxLegalDescription OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 BLK 106 LOT SIZE 7500 SQ FT M/L
-
TaxYear 2024
-
YearBuiltDetails Resale
-
Zoning 6400
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees