$6,750,000

$465/sq ft

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Overview

Year Built

1945

Sqft

14518

Property Type

Quadruplex

Property Description

a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transforming commercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside. The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach’s premier retail and dining destinations. With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.

Property Details

MLS#

A11929338

Total Floor in Bldg

2

Building

LENOX MANOR

Address

807 Alton Rd

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Lenox Manor

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$90,422

Maint Fee

$--

Tax Year

2025

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Boris Gelfand