1236 Alton Rd # 304, Miami Beach FL 33139

$385,000

$388/sq ft

$40,000
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Overview

Bedroom

2

Bath

2

Year Built

1981

Garage

1

Sqft

993

Property Type

Condominium

Property Description

Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, the bay walk, Whole Foods, the beach, and West Avenue. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, stainless steel appliances, an in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to sell and an exceptional value opportunity for both end users and investors alike. Surrounded by substantial new luxury development along West Avenue, the property is well-positioned within one of South Beach’s most actively evolving neighborhoods, offering attractive long-term investment potential. Currently tenant-occupied at $3,300/month through September, the property delivers immediate income with a cap rate exceeding 5%, making it a rare find in today’s South Beach market. The building features full reserves, recertification nearing completion, and all special assessments paid by the seller (approximately $15,000). Schedule your private showing today.

Property Details

MLS#

A11985281

Garage

1

Unit Floor

3

Total Floor in Bldg

5

Building

ALTON STAR CONDO

Address

1236 Alton Rd

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Alton Star Condo

Country

United States

HOA

Yes

Assoc Fee

$911

Assoc Fee Pd

Monthly

Tax Amount

$5,761

Maint Fee

$--

Tax Year

2025

Dishwasher

Dryer

Ice Maker

Microwave

Electric Range

Refrigerator

Washer

Garden View

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Boris Gelfand