1558 Alton Rd Prime South Beach commercial opportunity on the west side of Alton Road, one of the area’s most visible and heavily trafficked corridors. 4-unit building totaling approx. 7, 762 SF on a 7, 500 SF lot as well as on-site parking for tenants. Currently 50% occupied with a ±1, 400 SF frame shop paying $6, 000/month and a ±2, 800 SF language school paying $5, 000/month. Current leases are below market. Two additional ground-floor spaces are vacant: a ±1, 400 SF Alton Road–fronting retail unit and a ±2, 100 SF rear space (formerly a flower shop). Pro-forma gross income approx. $367, 500 annually; at market rents, income supports an attractive projected cap rate above 7% at stabilization, and incredible find in Miami Beach. CD-2 zoning allows future redevelopment up to ±15, 522 SF and 60’ height.