Retail in 1558 Alton Road, Miami Beach, FL 33139 for sale with MLS# A11956142
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.
1558 Alton Road, Miami Beach, FL 33139
- Price:
- $5,000,000.00
- Original List Price:
- $5,000,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $644.16
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Business Type:
- Retail, Education/school
- Listing Category:
- Commercial Sale
- Property Type:
- Retail
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- January 30, 2026 10:28 pm
- Built-Up Area:
- 7,762 Sqft
- Lot Size Acres:
- 0.17
- Year Built:
- 1925
- Number of Units Total:
- 4
- Structure Type:
- Office, Retail
- Road Frontage Type:
- State Road
- Flood Zone Code:
- AE
- Tax Annual Amount:
- $55,361.00
- Tax Year:
- 2025
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 33-34 53 42 COMMERCIAL SUB PB 6-5 LOT 2 BLK 66 LOT SIZE 50.000 X 150 OR 15773-1882 1292 5
- Real Estate Folio Number (Parcel Number):
- 0232340180510
- Zoning:
- 6400
- Active on the market since:
- January 30, 2026
- Listing Agreement executed on:
- January 30, 2026
- Listing Status Last Changed On:
- January 30, 2026 10:28 pm
- Photos updated on:
- June 18, 2026 7:56 pm
- Last Modified:
- July 2, 2026 4:03 pm
- Courtesy of:
- BHHS EWM Realty
- Attribution:
- Not provided
- Street Name:
- Alton
- Street Number:
- 1558
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 47' 18.5''
- Longitude:
- W81° 51' 30.5''
- Street Suffix:
- Road

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