807 Alton Rd Miami Beach, FL 33139
Flamingo NeighborhoodEstimated payment $43,041/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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: MIAMI REALTORS® MLS
MLS Number: A11929338
APN: 02-4203-014-0380
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