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755 Alton Rd
Miami Beach, FL 33139
Land For Sale
·
0.17 AC
Investment Highlights
- Located in one of the greatest development locations in the world, South Beach.
- Ideal location in Miami Beach to develop high-end boutique short-term dwellings or full time residences.
- Walking distance from Miami's beautiful sandy beaches, marina, shopping and restaurants.
- Excellent visibility with 51,000+ cars driving by daily. Easy access to MacArthur Causeway and public transportation.
Property Facts
Description
Rare development opportunity. Currently, there are four apartments generating over $75,000 gross annual income. The adjacent property, 1150 8th Street, is currently listed for sale creating the ability to build over 30 luxury hotel units combined, potentially generating over $1,500,000 gross annual income. Both properties are zoned CD-2 Commercial which includes allowable uses such as retail store, office, personal services, restaurant/bar, hotel, apartment building or mixed-use.
Property Taxes
| Parcel Number | 02-4203-009-8640 | Improvements Assessment | $66,846 |
| Land Assessment | $234,375 | Total Assessment | $301,221 |
Property Taxes
Parcel Number
02-4203-009-8640
Land Assessment
$234,375
Improvements Assessment
$66,846
Total Assessment
$301,221
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