1558 Alton Rd, Miami Beach FL 33139
$5,000,000
Est. Payment $26,612/mo
1925
Year Built
139
Days on Market
Description
Prime South Beach commercial opportunity on the west side of Alton Road, one of the area’s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7,762 SF on a 7,500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ±1,400 SF frame shop paying $6,000/month and a ±2,800 SF language school paying $5,000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ±1,400 SF Alton Road–fronting retail unit and a ±2,100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367,500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ±15,522 SF and 60’ height.
Facts
- MLS#
- A11956142
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Retail
- Year Built
- 1925
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 139 days
- Listed
- Jan 30, 2026
- Last Updated
- Jun 18, 2026
- Price/Lot Sq.Ft.
- $667/ft²
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 1/30/2026 | Listed for sale | $5,000,000 |
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.
Us International Christian Academy9,10,11,12 · private · 0.2 mi
- Kidsville Learning Center
PK,TK,KG,1,2,3,4,5,6 · private · 0.3 mi
- Happy Memories Learning Center Corp.
PK,KG · private · 0.5 mi
- Happy Memories Learning Center Corporation
PK,TK,KG,1,2 · private · 0.5 mi
- Happy Memories Learning Center Corporation
PK,1,2,3,4 · private · 0.5 mi
- Calusa Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
- Claude Pepper Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
- Kendale Lakes Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
- Great Heights Academy Inc.
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.0 mi
- Miami Baptist Preschool
PK,KG · private · 1.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$30,929/mo
Principal & Interest
$26,612
Property Tax
$4,167
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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