Prime Commercial Development Opportunity on Alton Roads Central Business District. The property is a land play or improvement play with 7500 sq.ft. of land and buildable square footage of 15,000 sq.ft. and up to 5 levels. Currently the property is a multifamily with 4 rented units. However, zoning CD-2 allows many uses including any commercial or residential use with a 2.0 FAR. Perfect for restaurant, hotel, Air B and B, rooftop concept development. Vast amounts of traffice(51K cars a day ) and development happening in this perfect area of South Beach. Property may be purchased alone or with corner lot next door. Please give us a call for more details!