Newly Renovated Retail / Office/Flex Property | 1671 Alton Rd
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Newly Renovated Retail / Office/Flex Property 1671 Alton Rd
7,525 SF Vacant Retail Building Miami Beach, FL 33139 $6,950,000 ($924/SF)
Executive Summary
APEX Capital Realty is proud to present 1671 Alton Rd., a newly renovated retail / office flex property located in the most bustling area of South Beach. The property renovations included creating an outdoor patio space at the rear of the building for potential restaurant, entertainment or retail activations. Located on one of Miami beach’s main north to south arteries, the location of the property is accommodating for easy access to surrounding retail, restaurants, hotels and entertainment venues. The property is located next to the famed 1111 Garage as well as municipal parking behind the building and several other parking garages in close proximity.
Seller Financing Available | 70% LTV | 6% Interest.
Seller Financing Available | 70% LTV | 6% Interest.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,525 SF
Building Class
C
Year Built
1936
Price
$6,950,000
Price Per SF
$924
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.02
Lot Size
0.17 AC
Zoning
CD-2 - COMMERCIAL
Parking
17 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
72 FT on Alton Rd
Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 02-3234-017-0130 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $2,511,307 |
PROPERTY TAXES
Parcel Number
02-3234-017-0130
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,511,307
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Newly Renovated Retail / Office/Flex Property | 1671 Alton Rd
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