$385,000
 $2,067 est/mo Sourced by Back At You

1236 Alton Road 304,Miami Beach, FL 33139

Miami Beach, FL 33139

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Description

Cozy, spacious, and updated 2-bedroom, 2-bathroom corner unit in the heart of South Beach. Ideally located on Alton Road, just moments from Lincoln Road, Flamingo Park, the bay walk, Whole Foods, the beach, and West Avenue. Set within a peaceful boutique building, this bright and inviting residence offers approximately 1,000 SF of interior space with a wonderful split floor plan, providing both privacy and functionality. The quiet corner unit enjoys an open layout with a beautiful dining and office area, generous living space, and an abundance of natural light throughout. The unit includes a private balcony, stainless steel appliances, an in-unit washer and dryer, and ample closet space. One assigned parking space in a gated garage is also included. Priced to sell and an exceptional value opportunity for both end users and investors alike. Surrounded by substantial new luxury development along West Avenue, the property is well-positioned within one of South Beach's most actively evolving neighborhoods, offering attractive long-term investment potential. Tenant-occupied at $3,350/month through April 2027, the property delivers immediate income with a cap rate of approximately 6%, making it a rare find in today's South Beach market. The building features full reserves, recertification nearing completion, and all special assessments paid by the seller (approximately $15,000). Schedule your private showing today.

Details

MLS #A11985281
Listing TypeFor Sale
StyleCondominium
HOA Dues$911
Sub-TypeResale
StatusActive
Year1981
Days On Site169
Listing Provided ByCompass Florida, LLC | Michael Porat

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet993
Garage1
Story(s)5
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesAssigned

Taxes

Tax Annual Amount5761

Location

Community FeaturesHome Owners Association

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameALTON STAR CONDO
Listing VS Median (in ALTON STAR CONDO)
Price:
$385,000
low | high
Med:
$160,092
100% of Average
sqft:
993
low | high
Med:
840
65.407854984894% of Average
$ / sqft:
$388
low | high
Med:
$232
90.08706232632% of Average
On site:
169
low | high
Med:
113
100% of Average
Sourced by Back At You

Market Activity 33139

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2320
Community NameALTON STAR CONDO
Listing VS Median (in ALTON STAR CONDO)
Price:
$385,000
low | high
Med:
$160,092
100% of Average
sqft:
993
low | high
Med:
840
65.407854984894% of Average
$ / sqft:
$388
low | high
Med:
$232
90.08706232632% of Average
On site:
169
low | high
Med:
113
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $288K - $481K
sqft: 745 - 1,000
Listing Updated: September 5, 2026 at 7:12:09 AM PDT