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VCA (dark) paying rent plus NNN till 2030 1828 Alton Rd 6,250 SF Retail Building Miami Beach, FL 33139 $7,300,000 ($1,168/SF) 5.52% Cap Rate
Executive Summary
The Porosoff Group is pleased to present 1828 Alton Road, a prime commercial property in the highly sought-after Sunset Harbor submarket of Miami Beach, available for sale. Located in a rapidly transforming area attracting significant capital investment, the area features a new Whole Foods, Class-A office developments, high-end restaurants, health & fitness facilities, and private clubs. The property offers ±6,250 SF of interior space, comprising 15 individual rooms and a reception area, with full electrical capacity including two 800 AMP panels. Situated on an 8,000 SF lot and zoned CD-2, the site provides flexible redevelopment potential. It is ideally suited for a boutique Class-A office building—perfect for a family office—or as a retail investment property.
Rent Schedule
2026: $403,175
2027: $415,270
2028: $427,728
2029: $440,560
Rent Schedule
2026: $403,175
2027: $415,270
2028: $427,728
2029: $440,560
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,250 SF
Building Class
C
Year Built
1940
Price
$7,300,000
Price Per SF
$1,168
Cap Rate
5.52%
NOI
$403,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.78
Lot Size
0.18 AC
Zoning
CD-2,Miami Beach
Parking
4 Spaces (0.64 Spaces per 1,000 SF Leased)
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (87)
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Property Taxes
| Parcel Number | 02-3233-012-0160 | Improvements Assessment | $10,000 |
| Land Assessment | $3,200,000 | Total Assessment | $3,210,000 |
Property Taxes
Parcel Number
02-3233-012-0160
Land Assessment
$3,200,000
Improvements Assessment
$10,000
Total Assessment
$3,210,000
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VCA (dark) paying rent plus NNN till 2030 | 1828 Alton Rd
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