Sold
Last Sold Price
6,847 sqft$102/sqft
1435 Alton Rd, Miami Beach, FL 33139
1970Year Built
$102/sq ftPrice per sq ft

Description

Will consider reasonable offers or buyer can puts down $300k and i will owner finance the rest at the market rate for 5 yrs! HUGE PRICE REDUCTION! Restaurant, Bar and Lounge is located right in the heart of South Beach! This one-of-a-kind concept is served in a chic atmosphere with deco-style design and top-tier technology. Our tables are interactive menus, so guests can order then surf the web with just a few taps of their fingertips. Low rent and long lease, very well located on Alton...Will consider reasonable offers or buyer can puts down $300k and i will owner finance the rest at the market rate for 5 yrs! HUGE PRICE REDUCTION! Restaurant, Bar and Lounge is located right in the heart of South Beach! This one-of-a-kind concept is served in a chic atmosphere with deco-style design and top-tier technology. Our tables are interactive menus, so guests can order then surf the web with just a few taps of their fingertips. Low rent and long lease, very well located on Alton Rd. AS OF TODAY THE GOING SQFT RATE IN THIS AREA IS $85-$95/SQ-FT, LEASE IS 5 YEARS $20.70/SQ-FT WITH THE OPTION TO RENEW FOR AN ADDITIONAL 5 YEARS, Lease is $8500 including tax and NO TRIPLE NET, Owner invested 2.7 mil into property. Everything from the plumbing, electric, AC, , walk-in cooler is new.
  • Listed by: Stephanie Hartmann 786.291.2904 stephaniehartmann1@gmx.net • Allmia Real Estate, LLC
Listing closed: 10/01/2018 03:00 AM • Source: MiamiRE, MLS#: A10430767

Recent comparable sales

Median sold price

$864,400

Miami Beach, FL

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Location

Listing Courtesy of Allmia Real Estate, LLC

Sold By Realty World South Florida

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$6,248 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,553

Property Taxes

$2,695

HOA Dues

$0

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Property Information for 1435 Alton Road

Property Details
  • Taxes: $32,335 / year
  • Parking Features: Assigned
  • Parking Total: 6.00
Building Information
  • Year Built: 1970
Summary
Location and General Information
  • Building Area Total: 6,847.00
  • Directions: East on 195, left on Alton Rd. Business will be on your right inside.
  • Postal City: Miami Beach
  • Postal Code Plus4: 3813
  • Street Number Numeric: 1435
  • Unparsed Address: 1435 Alton Rd
  • MajorChangeType: Closed
Parking
  • Covered Spaces: 0
Taxes and HOA Information
  • Tax Legal Description: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 21 BLK 109 LOT SIZE 50.000 X 150 OR 16451-4740 0794 1
  • Tax Year: 2017
Virtual Tour
Property
Lot Information
  • Additional Parcels Description: ,
  • Parcel Number: 02-42-03-009-9140
  • Possible Use: Investment
  • Zoning Description: 6400
Property and Assessments
  • Documents Available: Financials, Ground Photo, Inventory
  • Public Survey Section: 13
  • Public Survey Township: 42
  • Year Built Details: New Construction
  • Year Established: 2017
Utilities
  • Electric: 110 Volts, 100 Amp Service, 220 Volts
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bathrooms Total: 0
  • Cooling: Central Air
  • Cooling YN: Yes
Multi Family
Multi-Family Information
  • Business Type: Bar/Tavern/Lounge, Restaurant
  • Insurance Expense: $3,500.00

Property History for 1435 Alton Road

DateEvent & SourcePriceAppreciation
Oct 1, 2018

Sold

MiamiRE #A10430767

$699,000
Sep 19, 2018

Pending

MiamiRE #A10430767

May 6, 2018

Price Change

MiamiRE #A10430767

$799,999
DateEvent & SourcePrice
10/01/2018

Sold

MiamiRE #A10430767

$699,000
09/19/2018

Pending

MiamiRE #A10430767

05/06/2018

Price Change

MiamiRE #A10430767

$799,999

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1435 Alton Road

Taxable ValueLand$1,875,000Additions$813,000Total$2,688,000
Tax Record2025$48,183 ($4,015 / month)
Home Facts
Total Finished SqFt7,174 SqFtAbove Grade Finished SqFt7,174 SqFtStories2Lot Size7,500 SqFtStyleStoresYear Built1970Zoning6400:COMMERCICountyMIAMI-DADEAPN02-4203-009-9140

Schools near 1435 Alton Road

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allmia Real Estate, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.