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Multifamily in Miami Beach, FL 33139Ocean Beach, 1150 8th St
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OFF MARKET
5,426
SqFtStatus
OFF MARKETExpired
Size
5,426 SqFt (504 m2)
Price
$520/SqFt ($5,594/m2)
Type
Multifamily
Built
1948
MLS Number
A11652726
On Site
742 Days
Updated
476 Days ago
Page Views
0
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: $15,100, 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!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: WallWindowUnits
Building and Construction
- Floor Description: Vinyl
- Year Built: 1948
- Year Built Description: Resale
- Style: Fourplex
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2024-09-03T18:23:03.000-00:00
Taxes, Fees & More
- Taxes: 37946
Apples-to-Apples Comparables
Price History
Current
$2.8M
High
$3.5M
Low
$2.8M
Total Change
-19.4%Date
Event
Price
Change
Price Per
05/27/2025
Price Reduced
$2.8M
-1.05%$520 ft2
$5,594 m2
04/15/2025
Price Reduced
$2.9M
-1.04%$525 ft2
$5,654 m2
04/10/2025
Price Reduced
$2.9M
-0.69%$531 ft2
$5,713 m2
04/04/2025
Price Reduced
$2.9M
-1.36%$534 ft2
$5,753 m2
03/31/2025
Price Reduced
$2.9M
-1.34%$542 ft2
$5,832 m2
03/19/2025
Price Reduced
$3M
-0.67%$549 ft2
$5,912 m2
03/11/2025
Price Reduced
$3M
-4.76%$553 ft2
$5,951 m2
03/03/2025
Price Reduced
$3.2M
-3.08%$581 ft2
$6,249 m2
02/13/2025
Price Reduced
$3.3M
-1.52%$599 ft2
$6,447 m2
01/20/2025
Price Reduced
$3.3M
-2.94%$608 ft2
$6,546 m2
12/08/2024
Price Reduced
$3.4M
-1.45%$627 ft2
$6,745 m2
10/03/2024
Price Reduced
$3.5M
-1.43%$636 ft2
$6,844 m2
09/03/2024
Listed
$3.5M
$645 ft2
$6,943 m2
05/27/2025
$2.8M
Event
Price Reduced
Change
-1.05%Price Per
$520 ft2
$5,594 m2
04/15/2025
$2.9M
Event
Price Reduced
Change
-1.04%Price Per
$525 ft2
$5,654 m2
04/10/2025
$2.9M
Event
Price Reduced
Change
-0.69%Price Per
$531 ft2
$5,713 m2
04/04/2025
$2.9M
Event
Price Reduced
Change
-1.36%Price Per
$534 ft2
$5,753 m2
03/31/2025
$2.9M
Event
Price Reduced
Change
-1.34%Price Per
$542 ft2
$5,832 m2
03/19/2025
$3M
Event
Price Reduced
Change
-0.67%Price Per
$549 ft2
$5,912 m2
03/11/2025
$3M
Event
Price Reduced
Change
-4.76%Price Per
$553 ft2
$5,951 m2
03/03/2025
$3.2M
Event
Price Reduced
Change
-3.08%Price Per
$581 ft2
$6,249 m2
02/13/2025
$3.3M
Event
Price Reduced
Change
-1.52%Price Per
$599 ft2
$6,447 m2
01/20/2025
$3.3M
Event
Price Reduced
Change
-2.94%Price Per
$608 ft2
$6,546 m2
12/08/2024
$3.4M
Event
Price Reduced
Change
-1.45%Price Per
$627 ft2
$6,745 m2
10/03/2024
$3.5M
Event
Price Reduced
Change
-1.43%Price Per
$636 ft2
$6,844 m2
09/03/2024
$3.5M
Event
Listed
Price Per
$645 ft2
$6,943 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Yahia Aly • Alexandria Realty Group LLC • Buyer Agency Compensation .
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Scores
95
100
53
100
77
100
78
100
0
100
28
100
2
100
Community Snapshot
3 – 4 BR
Bedrooms
$2.2M – $4.4M
Price Tier
504 - 9,503
SqFt Range
1946
Year Build
3
Total Floors
Subdivision Amenities
Laundry
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