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.

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1558 Alton Road, Miami Beach, FL 33139

Price
Price:
$5,000,000.00
Original List Price:
$5,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$644.16
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
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
Measures
Built-Up Area:
7,762 Sqft
Lot Size Acres:
0.17
Construction
Year Built:
1925
Number of Units Total:
4
Structure Type:
Office, Retail
Road Frontage Type:
State Road
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$55,361.00
Tax Year:
2025
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
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
Listing History
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
Additional Information
Courtesy of:
BHHS EWM Realty
Attribution:
Not provided
Location
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
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1558 Alton Road, Miami Beach, FL 33139
Association of REALTORS®
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