Multifamily in Miami Beach, FL 33139
Ocean Beach, 1150 8th St

5,426
SqFt
Status
Sold - Jan 08, 2026
Size
5,426 SqFt (504 m2)
Price
$520/SqFt ($5,594/m2)
Type
Multifamily
Built
1948
MLS Number
A11923435
On Site
287 Days
Updated
18 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: 2025-12-02T07:26:33.000-00:00
          Taxes, Fees & More
          • Taxes: 37946

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          Price History

          Current
          $2.8M
          High
          $2.8M
          Low
          $2.8M
          Total Change
          0%
          $2.8M$2.8M$2.8MDec 25Jan 26
          Date
          Event
          Price
          Change
          Price Per
          01/08/2026
          Sold
          $2.8M
          0%
          $520 ft2
          $5,594 m2
          12/02/2025
          Listed
          $2.8M
           
          $520 ft2
          $5,594 m2
          01/08/2026
          $2.8M
          Event
          Sold
          Change
          0%
          Price Per
          $520 ft2
          $5,594 m2
          12/02/2025
          $2.8M
          Event
          Listed
          Price Per
          $520 ft2
          $5,594 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 .

          Listing Location & Street View
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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          95

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          53

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77

          100
          Sound Score®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          28

          100
          Local Score
          Limited local amenities nearby
          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

          Miami Beach
          Mid-Tier
          Mid-Tier Homes & Condos