$7,000,000list price
Price cut$250,000
0 ba · 816 sq ft 2 to 4 units
1355 DREXEL AVE, MIAMI BEACH, FL 33139
Listing courtesy of Compass Florida, LLC. MLS# A11929268.On the MLS · Listed Dec 10
$6,500,000
807 ALTON RD, MIAMI BEACH, FL 33139
0 baths14,518 sq ft2 to 4 unitsBuilt 1945
Updated today, November 3, 2026This home against Miami Beach
$448 per sq ft, 36% under the Miami Beach median
328 days on the market
Price cut $250,000 since it was listed at $6,750,000
$90,422 in property taxes (2025)
Miami Beach today: 1,858 homes for sale, median list price $659,000.
About this home
a 20-unit hospitality asset located along one of Miami Beach’s most dynamic and rapidly transformingcommercial corridors. Positioned on Alton Road between 8th and 9th Street, the property offers exceptional visibility, walkability, and demand drivers, making it an ideal opportunity for investors seeking a stabilized cash-flowing short-term rental asset or a flexible hospitality operation with long-term upside.The property features 20 renovated, fully furnished units, each designed with modern interiors, efficient layouts, and guest-friendly amenities including full kitchens or kitchenettes, Wi-Fi, and on-site laundry. Its central location provides immediate access to Whole Foods, Publix, Flamingo Park, South of Fifth, and Miami Beach’s premier retail and dining destinations.With strong year-round occupancy, reliable ADR performance, and proximity to billions of dollars in new development along the Alton Road corridor, 807 Alton Road represents a rare opportunity to acquire a turnkey hospitality property in a high-growth submarket with significant future upside, both operationally and through potential redevelopment.
Zoned schools
Elementary: Miami Beach South Pointe Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of Compass Florida, LLC. MLS# A11929338.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed December 10, 2025.
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