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Alex Mendel

alex@mendelgroupfl.com +1(561) 827-8449

$ 6,500,000

Est. payment -/mo

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Price Dropped by $250K

807 Alton Rd Miami Beach, FL 33139

14,518 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 14,518 sqft

Price per Sqft $447

Subdivision Lenox Manor

MLS Listing ID A11929338

Style Fourplex

HOA Y/N No

Year Built 1945

Annual Tax Amount $90,422

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

a 20-unit hospitality asset located along one of Miami Beach's most dynamic and rapidly transforming
commercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside.
The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach's premier retail and dining destinations.
With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.

Location

State FL

County Miami-dade

Community Lenox Manor

Area 42

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Total Parking Spaces 4

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre Lot

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Others

Tax ID 02-42-03-014-0380

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11929338

Miami Association of Realtors (SEFMIAMI MLS)

Listed by Compass Florida, LLC

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Alex Mendel

807 Alton Rd Miami Beach, FL 33139

Key Details

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807 Alton Rd