1150 8th Street

Miami Beach, FL 33139

$3,400,000
Price
Beds
5,426 Sq. Ft.
$627 / Sq. Ft.
5,426
Sq. Ft.
$627
per Sq. Ft.

Description

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: $15,700, move in 5.3%
...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: $15,700, 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!
  1. Listed by Yahia Aly • Alexandria Realty Group LLC

Property Details for 1150 8th Street

Subdivision
OCEAN BEACH ADDN NO 3
Style
Fourplex
Waterfront
No
Area
32
Auction
No
Num Stories
2
Sq Ft Total
5426
Sq Ft Liv Area
5426.0
LISTING UPDATED: 12/09/2024 12:40 AM

Property Details for 1150 8th Street

StatusActive
MLS #A11652726
Days on Market105
Taxes$37,946 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family Income / Fourplex
Year Built1948
Lot Size-
CountyMiami-Dade County

Building Information for 1150 8th Street

Stories-Residences-Year Built1948Building Size-Lot Size-

Property Information for 1150 8th Street

Location Information
Location Information
  • Parcel Number Free Text: 02-42-03-009-8650
  • Parcel Number MLX: 8650
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 42
  • Section: 3
  • Subdivision Number: 9
  • Subdivision Complex Bldg: OCEAN BEACH ADDN NO 3
  • Unit Count: 4
  • Zoning Information: 6400
General Information
Parking
  • Num Parking Spaces: 0
General Information
  • Property Type Information: Other
  • Lot Description: Less Than 1/4 Acre Lot
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Wall/Window Unit Cooling
  • Sewer Description: Municipal Sewer
  • Separate Meter: Yes
  • Cable Available: No
Additional Property Information
  • Guest Accommodations: No
  • Rent Includes: Lawn Care
Financial Information
Financial Information
  • Type of Association: None
  • Flood Zone: AE
  • Tax Year: 2024
  • Tax Information: Tax Reflects City & County Tax
  • Information Available: Copy Of Lease(S)

Property History for 1150 8th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1150 8th Street

Taxable ValueLand$1,875,000Additions$133,088Total$2,008,088
Tax Record2023$37,946 ($3,162 / month)
Home Facts
Total Finished SqFt5,426 SqFtAbove Grade Finished SqFt5,426 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1948Year Renovated1955Zoning6400:COMMERCICountyMIAMI-DADEAPN02-4203-009-8650

Schools near 1150 8th Street

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
South Pointe Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1150 8th Street is a multi-family home for sale in Miami Beach, FL 33139. This property was listed for sale on September 3, 2024 by Alexandria Realty Group LLC, it's currently listed at $3,400,000. It has been on the market for a total of 105 days and was last sold on August 31, 2023. This listing's school district is Miami-Dade County Public Schools. Nearby schools include South Pointe Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 1150 8th Street is a 0-bed, 0-bath, 5,426 sqft multi-family home built in 1948.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Alexandria Realty Group LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.