755 Alton Road, Miami Beach, Miami-Dade County, FL 33139

For Sale

$2,700,000 USD
$2,700,000 USD
  • Comm/Ind
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Property Summary for 755 Alton Road Español?

Type
Comm/Ind
Sub-Type
Land
Style
Detached
Neighborhood
Ocean Beach
Zip
33139
School District
Dade County School District

Description for 755 Alton Road

Marcus & Millichap is pleased to present this rare development opportunity. Currently, there are four apartments generating over $75,000 gross annual income. The adjacent property, 1150 8th Street, is currently listed for sale creating the ability to build over 30 luxury hotel units combined, potentially generating over $1,500,000 gross annual income. Both properties are zoned CD-2 Commercial which includes allowable uses such as retail store, office, personal services, restaurant/bar, hotel, apartment building or mixed-use.

  • Located in one of the greatest development locations in the world, South Beach.
  • Walking distance from Miami's beautiful sandy beaches, marina, shopping and restaurants.
  • Active individuals & families will enjoy a new 3-acre park which includes a tot lot, dog park and green space connected to the baywalk and beachwalk by an elevated pedestrian bridge. (Late 2021)
  • Ideal location in Miami Beach to develop high-end boutique short-term dwellings or full time residences.
  • Excellent visibility with 51,000+ cars driving by daily. Easy access to MacArthur Causeway and public transportation.

Find out more about this property. Request details here
Listing provided by Point2

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Demographics in 33139top

Population

Total population 39,427
Male population 21,412
Female population 18,015
Median age 39.90

Households

Total households 20,840
Average people per household 1.87

Housing

Total housing units 32,461
Owner occupied 7,041
Renter occupied 13,799
Median year built 1968

Income

Median household income 53,327
Average household income 110,256

Disclaimer


Demographic data shown in this section was gathered from the latest U.S. Census Bureau release, the 2019 American Community Survey. The information is updated yearly, as soon as new data is made available by the US Census Bureau.

No representation, guarantee or warranty is made as to the accuracy or completeness of information modified or aggregated for specific neighborhoods and/or zip codes.
Portia DeBride

Portia DeBride

Marcus & Millichap

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