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!
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*Private Mortgage Insurance - included if downpayment is less than 20% of mortgage.
**Monthly payment - a sum of Principle, Interest, PMI, Tax, Insurance.
| Name | Address | Type | # of Students | Grades | Distance |
|---|---|---|---|---|---|
| Miami Beach South Pointe Elementary School | 1050 4TH ST | public | 490 | PK - 5 | 0.36 mi |
| Miami Beach Feinberg/fisher K-8 | 1420 WASHINGTON AVE | public | 842 | PK - 8 | 0.75 mi |
| Fisher Island Day School | 2 FISHER ISLAND DR | private | 126 | PK - 8 | 1.21 mi |
| Rasg Hebrew Academy | 2400 PINE TREE DR | private | 592 | PK - 12 | 1.82 mi |
| Miami Children's Museum Charter School | 980 MACARTHUR CSWY | public | 309 | KG - 5 | 2.29 mi |
| St Patrick School | 3700 GARDEN AVE | private | 297 | PK - 8 | 2.35 mi |
| Tree Of Knowledge Learning Academy | 2220 NE 203RD TER | private | 125 | 4 - 12 | 2.36 mi |
| North Beach Elementary School | 4100 PRAIRIE AVE | public | 937 | PK - 5 | 2.58 mi |
| Temple Beth Sholom Innovative School | 4144 CHASE AVE # 6 | private | 47 | PK - 4 | 2.59 mi |
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