Basic Information

  • MLS # A11127458
  • Type Duplex / Quad Plex / Triplex
  • Status Active
  • Suddivision/Complex OCEAN BEACH ADDN NO 3
  • Year Built 1954
  • Total Sqft 7,209
  • Date Listed 11/19/2021
  • Days on Market 67
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. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Design Description Fourplex
  • Parking Spaces 0
  • Parking Description
  • Roof Description Concrete
  • Style Quadruplex

Interior Features

  • Adjusted Sqft 7,209
  • Cooling Description Wall Window Units
  • Floor Description Ceramic Tile
  • Heating Description Electric
  • Sqft 7,209

Property Features

  • Address 1351 Euclid Ave
  • Architectural Style Fourplex
  • City Miami Beach
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash
  • Lot Description Item14Acre
  • Lot Features Item14 Acre
  • Occupant Type Tenant
  • Pool Features None
  • Possession Closing Funding
  • Postal City Miami Beach
  • Public Survey Section Two
  • Public Survey Township 2
  • Roof Concrete
  • Sewer Description PublicSewer
  • Short Sale Regular Sale
  • Stories 2
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info OCEAN BEACH ADDN NO 3
  • Tax Amount $39002.00
  • Tax Information OCEAN BEACH ADDN NO 3 PB 2-81 LOT 15 BLK 40 LOT SIZE 50.000 X 140 OR 13068-0891 1086 1
  • Tax Year 2021
  • Terms Considered Cash
  • Type of Property Quadruplex
  • Year Built Details New Construction

1351 Euclid Ave

Miami Beach, FL 33139

The multiple listing information is provided by the MIAMI ASSOCIATION OF REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022-present MIAMI ASSOCIATION OF REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc

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