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1250 Alton Rd #5B, Miami Beach, FL, 33139 · South Beach
1250 Alton Rd #5B, Miami Beach, FL, 33139 · South Beach
Take a closer look
Listed HOA: $700 · Last reported tax: $3,821/yr
$2,672/mo
$58,980 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Located in the heart of Miami Beach, this unit presents a compelling opportunity for investors looking to capitalize on one of the area's most walkable and in-demand locations. Currently leased, it offers immediate rental income while providing long-term upside in a location that continues to hold strong value. Just a short walk or bike ride to the beach, with top dining and shopping nearby, this 800 sq ft, 1-bedroom, 1-bath unit features great natural light and a private balcony, with future renovation potential to maximize its value.
Flamingo South Beach is the condominium tower of Flamingo Point, a bayfront complex at 1500 Bay Road on the site of Carl Fisher's 1921 Flamingo Hotel. Built in 1960 as part of the Morton Towers apartments, the 15-story South Tower was converted to condominiums in 2006 by MCZ Development and Centrum Properties, one of the largest condo conversions in Florida at the time. It holds 561 residences, according to Miami-Dade property records. The complex's North and Center towers remain rental apartments. Residents share the 16.5-acre complex's amenities, including a bayfront infinity-edge pool, a 1,300-foot baywalk, a 14,000-square-foot fitness center, a basketball court and work suites. Lincoln Road and the Sunset Harbour shops and restaurants are nearby.
Floor plans and unit details are subject to change. Contact us for the most current information.
1250 Alton Rd #5B, Miami Beach, FL, 33139