US$ 23,000,000

1920 Alton Road Miami Beach

FL, 33139 - A10984847






Request more information

Cesar Hoyos

+1 (786) 419-6296
+1 (305) 972-2107

cesarhoyosrealtor@gmail.com

Keller Williams Realty

Remarks

Trophy Property in superior location with highest traffic count on Miami Beach! Apart from the prime incredible location, the building has been beautifully constructed inside and out. NNN Renters are in line for back up to rent this property. NNN pro-forma rent brings in a cap rate of 5%(currently 50% owner occupied). In addition, the property has a incredible additional value component which is the new zoning change. CD-2 Zoning now allows the property to go up to over 65 Feet height and is allowed to build 50,000 sq.ft. total. The FAR is 2.0! Any firm or end user that is seeking a trophy asset in Miami Beach with a amazing location and a great return plus additional value component; this deal is a one of a kind and is available!

Listing information courtesy of Keller Williams Realty Premier

Listing information MIAMI ASSOCIATION OF REALTORS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale. Availability of any listing should always be independently verified. Listing information is provided for consumer personal, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may violate relevant federal and state law. Data last updated on Saturday 27th of November 2021 10:40:24 PM

You may also like

US$ 17,800,000

5 Beds - 4 Baths - 4378 SqFt

100 S Pointe Dr #1906/07

US$ 28,500,000

0 Beds - 0 Baths - SqFt

1230 S Venetian Way

US$ 25,000,000

6 Beds - 5 Baths - 5500 SqFt

40 W Rivo Alto Dr