$6,500,000
807 Alton Road
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $6,500,000
- Price per sq ft
- $448
- Original price
- $6,750,000
- Days on market
- 286
This multi-family property in ZIP 33139 is listed at $6,500,000, or $448 per square foot. The asking price has come down 3.7% from its original $6,750,000. It has been on the market for 286 days.
Estimated monthly payment
$34,160 /mo
Principal and interest only, based on $1,300,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $6,500,000
- Days on Site
- 286 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 14,518 sqft
- Total Sq Ft
- 14,518 sqft
- Year Built
- 1945
- Property Type
- Multi-Family
- MLS #
- A11929338
- Property Tax
- $90,422 (2025)
- Subdivision
- LENOX MANOR
- County
- Miami Dade
- Status
- Active
About This Property
a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transformingcommercial 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.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1945
- Property Condition
- Resale
- Number of Stories
- 2
- Living Sq Ft
- 14,518
- Total Sq Ft
- 14,518
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 6400
Interior Features
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Tile
Exterior Features
- Construction
- Block
- Roof
- Concrete
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach South Pointe
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
- Homes for Sale
- 1
- Under Contract
- 0
- Median List Price
- $6,500,000
- Median $/Sq Ft
- $448
- Avg Days on Market
- 286
Frequently Asked Questions
- How do I schedule a tour of 807 Alton Road, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 807 Alton Road, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 807 Alton Road, Miami Beach, FL 33139 still available?
- 807 Alton Road, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 286 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 807 Alton Road, Miami Beach, FL 33139?
- With 20% down ($1,300,000) on the $6,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 807 Alton Road, Miami Beach, FL 33139 is about $34,160/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 807 Alton Road, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 807 Alton Road, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 807 Alton Road, Miami Beach, FL 33139?
- 807 Alton Road, Miami Beach, FL 33139 is zoned for Miami Beach South Pointe (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 807 Alton Road, Miami Beach, FL 33139?
- Often, yes. The right offer on 807 Alton Road, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$6,500,000
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Listed by Arthur Porosoff, Compass Florida, LLC
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Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $611 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$430,000
Sold · October 15, 2026
2155 Washington Court 205
1 bed · 1.5 bath · 748 sqft · $575/sqft
$20,000 under the asking price
Sold$290,000
Sold · October 14, 2026
1052 Ocean Drive C203
1 bed · 1 bath · 475 sqft · $611/sqft
$7,000 under the asking price
Sold$1,065,000
Sold · October 14, 2026
1250 Ocean Drive 2N
2 bed · 2.5 bath · 1,387 sqft · $768/sqft
$34,000 under the asking price
Sold$238,000
Sold · October 14, 2026
224 Meridian Avenue 9
0 bed · 1 bath · 395 sqft · $603/sqft
$11,000 under the asking price
Sold$23,500,000
Sold · October 12, 2026
1266-1276 S Venetian Way
4 bed · 4.5 bath · 3,603 sqft · $6,522/sqft
Sold$350,000
Sold · October 9, 2026
1027 Pennsylvania Avenue 302
2 bed · 2 bath · 790 sqft · $443/sqft
$9,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
