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1150 8th St Miami Beach, FL $ 3,500,000
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1150 8th St
$ 3,500,000
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1150 8th St

Miami Beach, FL, 33139
$ 3,500,000
Bedrooms3 Baths2.0 Sq 5,426

Monthly Estimate*

$ 20,962

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Multi-Family Home for sale in Miami Beach, FL

for $3,500,000 with 3 bedrooms and 2 full baths. This 5,426 square foot home was built in 1948.

Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,700, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

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Multi-Family Active

Price

$ 3,500,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 37,946

Style

Fourplex

Year Built

1948

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11652726
Features
General
Sewer PublicSewer
Heating Other
Cooling WallWindowUnits
Utilities CableNotAvailable
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Brick Block
Year Built 1948
Stories 2
Levels Two
Property SubType Quadruplex
Tax Year 2024
County Miami-Dade County
New Construction N
Property Type ResidentialIncome
Home Owner Assoc N
Attached Garage N
Subdivision Name OCEAN BEACH ADDN NO 3
Garage Y/N N
Rent Includes Gardener
Status Active
City Miami Beach
View Y/N N
Senior Community Y/N N
Zoning Description 6400
MLS Area 32
Lot Size Units SquareFeet
Private Pool N
Waterfront Y/N N
Carport Y/N N
Terms Cash Conventional FHA
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 37946.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11652726
Days on Market 0
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Quadruplex
Legal Description OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 BLK 106 LOT SIZE 7500 SQ FT M/L
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Interior
Flooring Vinyl
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Features Item14Acre
Total Parking 0.0
Spa N
Building Area Total 5426.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1150
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* Excluded Features
List By
Alexandria Realty Group Llc

Broker

yahia@alexandriarealtygroup.com

Email

Affordability Calculator

$24,124
Per Month
87%
13%
0%
Monthly Principal & Interest
$20,962
Monthly Property Taxes
$3,162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/3/2024$3,500,000 Listed Price

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1150 8th St, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $3,500,000 with 5,426 sqft. 1150 8th St has 3 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 33139 which is in Miami Beach, FL

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