Multifamily in Miami Beach, FL 33139
Ocean Beach, 1351 Euclid Ave

7,209
SqFt
Status
Sold - Jun 21, 2022
Size
7,209 SqFt (670 m2)
Price
$402/SqFt ($4,330/m2)
Type
Multifamily
Built
1954
MLS Number
A11184974
On Site
1624 Days
Updated
18 Days ago
Page Views
0
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.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Electric
        • Cooling Description: Electric
        Building and Construction
        • Floor Description: CeramicTile,Vinyl
        • Year Built: 1954
        • Year Built Description: Unknown
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-04-05T11:18:46.000-00:00
          Taxes, Fees & More
          • Taxes: 39002

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          04/05/2022
          Listed
          $2.9M
           
          $402 ft2
          $4,330 m2
          04/05/2022
          $2.9M
          Event
          Listed
          Price Per
          $402 ft2
          $4,330 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Uriel ChemerinskiBeachfront Realty Inc • Buyer Agency Compensation .

          Listing Location & Street View
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          Scores

          Walk Score®
          Walker's Paradise. Daily errands do not require a car
          95

          100
          Transit Score®
          Good Transit. Many nearby public transportation options
          53

          100
          Bike Score®
          Very Bikeable. Biking is convenient for most trips
          77

          100
          Sound Score®
          Bearable noise
          78

          100
          Airport Score
          Close to airports. Noticeable airport activity
          0

          100
          Traffic Score
          Congested area. Frequent traffic delays
          28

          100
          Local Score
          Limited local amenities nearby
          2

          100
          Community Snapshot
          3 – 4 BR
          Bedrooms
          $2.2M – $4.4M
          Price Tier
          504 - 9,503
          SqFt Range
          1946
          Year Build
          3
          Total Floors

          Subdivision Amenities

          Laundry

          Miami Beach
          Mid-Tier
          Mid-Tier Homes & Condos