OCEAN BEACH ADDN NO 3
1150 8th St, Miami Beach FL 33139
5,426 ft²
$2,820,000
Est. Payment $15,009/mo
5,426
Sq. Ft.
1948
Year Built
2
Stories
0
Days on Market
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!
Facts
- MLS#
- A11923435
- Subdivision
- OCEAN BEACH ADDN NO 3
- Property Type
- Residential Income
- Property Sub Type
- Quadruplex
- Year Built
- 1948
- Lot Size
- 0 sqft
- Sq. Ft.
- 5,426 ft²
- Sq. Mt.
- 504 m²
- Price per sq. ft.
- $520/ft²
- Price per sq. mt.
- $5,595/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- Dec 2, 2025
- Last Updated
- Jan 22, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Buyers market
May 2026
30
Median days to sold
-1.2%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 1/22/2026 | Sold | $2,820,000 |
| 12/2/2025 | Listed for sale | $2,820,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Phyllis R. Miller Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
- The French American School of Miami
PK,KG,1,2,3,4,5 · private · 0.3 mi
- Children's Village Montessori School & Daycare Center
PK,KG · private · 0.3 mi
- Childrens Village Montessori
PK,KG · private · 0.3 mi
- Tangerine Learning Center LLC
PK,KG,1,2,5 · private · 0.5 mi
- Archdiocese of Miami Virtual Catholic School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Miami Shores Presbyterian Church School
PK,TK,KG,1,2,3,4,5 · private · 0.8 mi
- Bola Childcare Learning Center
2,3 · private · 0.8 mi
- Yvonne Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
- Miami Shores Community Church School
PK,TK,KG,1,2,3,4,5 · private · 1.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$17,509/mo
Principal & Interest
$15,009
Property Tax
$2,350
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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