$6,750,000

Estimated payment $43,041/month

-- Bed
-- Bath
14,518 Sq Ft
$465 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 3-minute walk to Canopy Park
  • South Pointe Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transforming
commercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside.
The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach’s premier retail and dining destinations.
With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.

Listing Agent

Arthur Porosoff

Compass Florida, LLC License #3160379 Listed on: 12/11/2025

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $90,422

Year Built

  • Built in 1945

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 14,518 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Lenox Manor Condos
  • Lenox Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-014-0380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$90,422

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LENOX MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 6750000
  • InternetRemarks: Please contact listing broker for more information
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 14518
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LENOX MANOR
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-42-03-014-0380
  • Zoning: 6400

Rental Info

  • Rent Includes: Cable TV, Trash Collection, Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 90422

Map

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $85,745 $4,819,906 $3,758,750 $1,061,156
2024 $86,921 $4,683,800 -- --
2023 $86,921 $4,258,000 $3,383,000 $875,000
2022 $76,776 $4,807,256 $3,758,750 $1,048,506
2021 $71,300 $3,649,470 $0 $0
2020 $72,962 $3,768,750 $3,758,750 $10,000
2019 $73,033 $3,768,750 $3,758,750 $10,000
2018 $70,868 $3,768,750 $3,758,750 $10,000
2017 $79,055 $3,969,240 $0 $0
2016 $87,925 $4,526,528 $0 $0
2015 $17,934 $733,986 $0 $0
2014 $16,020 $733,986 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $6,750,000 -- $465 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $1,300,000 None Available
Quit Claim Deed $795,000 None Available
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11929338

MIAMI REALTORS® MLS

APN: 02-4203-014-0380