Miami Beach, FL 33139,1351 Euclid Ave
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Miami Beach, FL 33139,1351 Euclid Ave
Miami Beach, FL 33139,1351 Euclid Ave
Miami Beach, FL 33139,1351 Euclid Ave
Miami Beach, FL 33139,1351 Euclid Ave

$2,900,000

Est. payment /mo

$3,300,000

12.1%
Est.Price: ?

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1351 Euclid Ave Miami Beach, FL 33139

7,209 SqFt

SOLD DATE : 06/21/2022

Key Details

Sold Price $2,900,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 7,209 sqft

Price per Sqft $402

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11184974

Style Fourplex

Year Built 1954

Annual Tax Amount $39,002

Tax Year 2021

Property Description

OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.

Location

State FL

County Miami-dade County

Community Ocean Beach Addn No 3

Area 42

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile, Vinyl

Exterior

Pool None

Utilities Available Cable Available

Roof Type Concrete

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Structure Type Block

Others

Acceptable Financing Cash

Listing Terms Cash

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Listed by Beachfront Realty Inc
Bought with Fortune Christie's International Real Estate

Sandra Osorio PA MBA

Broker Associate | License ID: 3106942

+1(305) 877-4453

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