Vacant Retail/Office | 1520 Alton Rd
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Vacant Retail/Office 1520 Alton Rd
6,465 SF Office Building Miami Beach, FL 33139 $4,699,000 ($727/SF)
Investment Highlights
- Vacant retail/office investment opportunity with a non-conforming use that allows automotive related body shop, storage, garage, and sales.
- Rectangular building with no columns and ceiling height well over 20 feet: ideal for restaurant or creative office/retail.
Executive Summary
Apex Capital Realty is proud to present 1520 Alton Road, a vacant retail/office property located in the heart of Miami Beach’s bustling Alton Road commercial corridor.
Spanning 5,250 square feet on a 7,500 square foot plot, this single-story building boasts 50 feet of frontage along the vibrant Alton Road, just north of its intersection with 15th Street.
Surrounded by a vibrant mix of commercial establishments and numerous rent- al and condominium complexes, this property offers an enticing opportunity for retail, office, or automotive-related owner-users seeking prime space in South Beach’s central locale.
Spanning 5,250 square feet on a 7,500 square foot plot, this single-story building boasts 50 feet of frontage along the vibrant Alton Road, just north of its intersection with 15th Street.
Surrounded by a vibrant mix of commercial establishments and numerous rent- al and condominium complexes, this property offers an enticing opportunity for retail, office, or automotive-related owner-users seeking prime space in South Beach’s central locale.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Building Size
6,465 SF
Building Class
C
Year Built
1939
Price
$4,699,000
Price Per SF
$727
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,250 SF
Building FAR
0.86
Lot Size
0.17 AC
Zoning
CD-2 - Commercial Downtown
Parking
10 Spaces (1.9 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (95)
Bike Score®
Very Bikeable (82)
PROPERTY TAXES
| Parcel Number | 02-3234-018-0590 | Improvements Assessment | $116,398 |
| Land Assessment | $2,250,000 | Total Assessment | $2,366,398 |
PROPERTY TAXES
Parcel Number
02-3234-018-0590
Land Assessment
$2,250,000
Improvements Assessment
$116,398
Total Assessment
$2,366,398
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Vacant Retail/Office | 1520 Alton Rd
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