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Executive Summary

Exceptional Miami Beach commercial and redevelopment opportunity at 1441 Alton Road. Existing 8,006 SF retail building situated on a prime 18,300 SF lot with three equally-sized retail spaces and 19 on-site parking spaces. Two spaces are leased to national tenants 7-Eleven and GoPuff, each paying $17,000 per month, providing strong in-place income. The third space is vacant and can be leased at similar rates, offering immediate upside. CD-2 zoning allows for significant redevelopment potential, including up to 34,364 SF, 50 ft height, up to 39 residential units, commercial or office space. Ideal for investors or developers seeking income with long-term growth potential.

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Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
8,006 SF
Building Class
C
Year Built
1966
Price
$13,789,400 CAD
Price Per SF
$1,722.38 CAD
Cap Rate
6.12%
NOI
$843,911 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.44
Lot Size
0.42 AC
Zoning
CD-2 - CD-2 zoning- property also offered for sale.
Parking
19 Spaces (2.37 Spaces per 1,000 SF Leased)
Frontage
129’ on Alton Road

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 7-Eleven
  • Retailer
  • -
  • -
  • -
  • Gopuff
  • Retailer
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
7-Eleven Retailer - - -
Gopuff Retailer - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,668-5,336 SF
  • Retail
  • -
  • Now

Rare opportunity to lease prime retail space along the highly visible Alton Road corridor in Miami Beach. Located at 1441 Alton Road, the property consists of an approximately 8,006 SF retail building situated on an ±18,300 SF lot with 19 on-site parking spaces, a rare amenity in Miami Beach. The building is configured into three approximately equal retail spaces. Two spaces are being offered for lease and may be leased individually or combined, providing approximately 2,668 SF to 5,336 SF of contiguous retail space. One space is currently occupied by GoPuff and will be available September 2026. The adjoining vacant space was formerly occupied by a restaurant and has an existing grease trap, providing an attractive opportunity for a restaurant, café, food & beverage concept, or other retail/service use. Any proposed use is subject to applicable zoning, permitting, licensing, and governmental approvals. The property offers prominent Alton Road frontage, excellent visibility, and 19 on-site parking spaces. Alton Road is one of Miami Beach's primary north-south commercial corridors, serving local residents, tourists and commuters, with approximately 35,000 vehicles per day

Space Size Space Use Position Available
1st Floor 2,668-5,336 SF Retail - Now

1st Floor

Size
2,668-5,336 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 2,668-5,336 SF
Space Use Retail
Position -
Available Now

Rare opportunity to lease prime retail space along the highly visible Alton Road corridor in Miami Beach. Located at 1441 Alton Road, the property consists of an approximately 8,006 SF retail building situated on an ±18,300 SF lot with 19 on-site parking spaces, a rare amenity in Miami Beach. The building is configured into three approximately equal retail spaces. Two spaces are being offered for lease and may be leased individually or combined, providing approximately 2,668 SF to 5,336 SF of contiguous retail space. One space is currently occupied by GoPuff and will be available September 2026. The adjoining vacant space was formerly occupied by a restaurant and has an existing grease trap, providing an attractive opportunity for a restaurant, café, food & beverage concept, or other retail/service use. Any proposed use is subject to applicable zoning, permitting, licensing, and governmental approvals. The property offers prominent Alton Road frontage, excellent visibility, and 19 on-site parking spaces. Alton Road is one of Miami Beach's primary north-south commercial corridors, serving local residents, tourists and commuters, with approximately 35,000 vehicles per day

Very walkable
80/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

First Horizon Bank
Td Bank
Fogo de Chao
Oakberry
Cheesecake Factory
Denny's
Five Guys
Bank of America
Starbucks
Whole Foods

Property Taxes

Property Taxes

Parcel Number
02-4203-009-9160
Land Assessment
$6,336,970 CAD
Improvements Assessment
$1,052,699 CAD
Total Assessment
$7,389,669 CAD
  • Listing ID: 39574145

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 1441 Alton rd, Miami Beach, FL 33139

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