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$2,820,000

  • Sold
  • Closed
  • Multi-Family
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Steps away from 500 Alton Project, 3 Acre Park Coming To Alton Road 4 Unit Multi-Family on Alton & 8th Street, on the same block as the New Baptist Health Center in Miami Beach. AAA Location - IDEAL for Owner Users, Developer or Investors. Flexible CD-2 Zoning allows for Medical Offices / Retails / Hotels / Short Term Rentals, and Other Commercial Uses. High Traffic Count Intersection & Close to Major Retailers. FAR 2.0 = Develop 15,000 sqft 5 story building. Total Monthly income: $15,100, move in 5.3% CAP Rate with potential upside on the rents! Tenants Pay all expense. the only thing landlord pays is monthly gardening fees, along with taxes and insurance annually! All Units come furnished with inventory list, they are all the exact same on the interior!

Full Property Details for 1150 8th St

General

  • Sold For: $2,820,000
  • Taxes: $37,946 (2025)
  • Status: Closed
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11923435
  • Added to Site: 90 day(s) ago

Rental Information

  • Rent Includes: Gardener

Interior

  • Flooring: Vinyl

Location

  • Area: Ocean Beach Addn No 3
  • County: Miami-Dade County
  • Subdivision: OCEAN BEACH ADDN NO 3
  • Building Name: OCEAN BEACH ADDN NO 3

Community

  • Community Name: Ocean Beach Addn No 3
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Other

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Other
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Construction: Concrete Block With Brick
  • Roof: Shingle
  • Stories/Levels: 2
  • Building Size: 5426
  • Square Feet: 5,426
  • Living Area: 5,426 Sq. Ft.
  • Year Built: 1948

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Investment
  • Zoning: 6400

Financial Considerations

  • Price Per Sq. Ft.: $519.72
  • Tax Amount: $37,946
  • Tax Year: 2025
  • Terms: All Cash, Conventional, FHA

Disclosures and Reports

  • Documents Avail.: Copy Of Lease(S)
  • Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 BLK 106 LOT SIZE 7500 SQ FT M/L
  • Property ID: 02-42-03-009-8650

Listed by Alexandria Realty Group LLC
Sold by Buy The Beach Realty Group, LLC.

Listing agent

— 1150 8th St —

  • Alexandria Realty Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1150 8th St

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.3 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.6 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1150 8th St

Date
Details
Price
Change
Source
1/08/2026
Sold
$2,820,000
—
MLS
12/02/2025
Listed
$2,820,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Alexandria Realty Group LLC
Sold by Buy The Beach Realty Group, LLC.

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Recent Sales near 1150 8th St

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Co-Sold by Brian Suarez

1150 8th St, Miami Beach, FL 33139 (MLS# A11923435) is a Multi-Family property that was sold at $2,820,000 on January 08, 2026. Want to learn more about 1150 8th St? Do you have questions about finding other Multi-Family real estate for sale in Flamingo-Lummus? You can browse all Flamingo-Lummus real estate or contact a Coldwell Banker agent to request more information.