Active Residential IDX

1236 Alton Rd, #304

1236 Alton Rd, #304, Miami Beach, FL 33139
$385,000
2 Bedrooms
2 Bathrooms
993 sqft Area
1 Garage
1981 Built
MLS #: 11679510

About this property

Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, the bay walk, Whole Foods, the beach, and West Avenue. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, stainless steel appliances, an in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to sell and an exceptional value opportunity for both end users and investors alike. Surrounded by substantial new luxury development along West Avenue, the property is well-positioned within one of South Beach's most actively evolving neighborhoods, offering attractive long-term investment potential. Tenant-occupied at $3,350/month through April 2027, the property delivers immediate income with a cap rate of approximately 6%, making it a rare find in today's South Beach market. The building features full reserves, recertification nearing completion, and all special assessments paid by the seller (approximately $15,000). Schedule your private showing today.

Property Details

Financial
Annual taxes
$5,761 (2025)
Interior
Appliances
Washer, Range, Microwave, Refrigerator, Dryer, Dishwasher
Flooring
Tile
Heating
Hot Water
Interior features
Walk-In Closet(s)
Exterior & Lot
Patio & porch
Patio, Porch, Deck
Listing Details
Property type
Residential
County
Miami-Dade
Unit
304
Subdivision
Alton Star Condo
More Details
Previous list price
$395,000
Original list price
$425,000
Above grade finished area
993 sqft
Association
Yes
Garage type
Has
Furnished
Unfurnished
Pets allowed
Yes
Room type
Dining
Association amenities
Laundry, Pets Allowed, Parking, Elevator(s), Security, Gated
Listing Information
Listing courtesy of
Compass Florida, LLC · 305-851-2820
Listing agent
Michael Porat
MLS #
11679510
Status
Active

Contact

Herdine Nicholson · Mainsail Real Estate®

+1 305 414 1438 · info@mainsailre.com

1111 Brickell Ave, FL 12 Ste 148, Miami, FL 33131

https://mainsailre.com/idx-listing/?listing=11679510

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Listing courtesy of Compass Florida, LLC · 305-851-2820

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