Property Description

DEVELOPMENT OR REPOSITIONING SITE. SW CORNER 10TH/ALTON ROAD, MIAMI BEACH. ACROSS FROM WHOLE FOODS MARKET. LOT 31,350 SF. TOTAL BUILDABLE +/- 62,700 SF. Site NOT encumbered by any historic designation. 209' frontage Alton Road. 150' frontage 10th Street. Site has 2 existing structures & Parking Lot w/50+ spaces. Each structure has single-tenant short-term lease. BLDG #1: 960 Alton Road (16,542 SF, 2-story corner offices HQ Royal Media Partners). BLDG #2: 930 Alton Road (4,856 SF 1-story Reebok Cross Fit Gym). New Owner can re-lease each bldg, make multi-tenant or redevelop. ZONED CD-2 Comm Med Intensity. FAR 2.0 if some residential. FAR 1.5 if commercial only. MAX BUILDABLE 5-STORIES or 60'-75'. Permitted Uses Retail/Office/Hotel/Residential/Storage/Mixed etc.

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