807 Alton Rd, Miami Beach, FL 33139

$6,500,000
14,518
SqFt

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List Price
$6,500,000
Price Change
▼ $250,000 1778641050
MLS
A11929338
Complex Name
Lenox Manor
Status
ACTIVE
Type
Multifamily
Living Area
14,518

Property Description

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.

Additional Information

Days on Market
228
Style
Quadruplex, Fourplex
#Parking Spaces
4
Year Built
1945
Development Name
Lenox Manor
#Stories
2
Construction Type
Concrete Block Construction
Section
3

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Listing Courtesy of Compass Florida, LLC, Contact: