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Multi Family - 930-960 ALTON ROAD for Sale

960 ALTON RD, MIAMI BEACH, FL 33139

Asking Price$25,000,000

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  • Lot size 31350sqft
  • Year Built 1975
  • Days on market:

    723 day(s)
  • Original Price:

    $25,000,000
  • Tax Legal Description:

    3-4 54 42 FLEETWOOD SUB PB 28-34 LOTS 16 & 17 & 18 BLK 3 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 159.000 X 150
  • Property Type:

    Multi Family
  • Waterfrontage (sqft):

    209
  • Special Listing Conditions:

    Sale

Description

$25,000,000

Development or repositioning site. sw corner 10th/alton road, miami beach. across from whole foods market. lot 31,350 sf. total buildable +/- 62,700 sf. site not encumbered by any historic designation. 209' frontage alton road. 150' frontage 10th street. site has 2 existing structures & parking lot w/50+ spaces. each structure has single-tenant short-term lease. bldg #1: 960 alton road (16,542 sf, 2-story corner offices hq royal media partners). bldg #2: 930 alton road (4,856 sf 1-story reebok cross fit gym). new owner can re-lease each bldg, make multi-tenant or redevelop. zoned cd-2 comm med intensity. far 2.0 if some residential. far 1.5 if commercial only. max buildable 5-stories or 60'-75'. permitted uses retail/office/hotel/residential/storage/mixed etc.
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