Sold

1115 Euclid Ave

Miami Beach FL, 33139

$4,300,000


$542.93 per sqft

Sold

7,920 sqft

Commercial

Built in 1950

MULTIFAMILY MOSTLY REMODELLED 16 BIG STUDIOS AVG RENT 2,000 $/MONTH PER UNIT
The KEYES CO. is pleased to offer for sale HARBOR LUXURY Apts a 16-unit building on 11th street & Euclid av. in the heart of Miami Beach Art Deco`District. Bldg has been recently renovated. 16 big studios of apx 450 sf each 12 modernly renovated. Each unit has impact windows tile floors updated appliances renovated bathrooms individual wall a/c. 1 unit is fully furnished The bldg is smack in Miami Beach tourist and night life area walking dist from Ocean and Lincoln. Present CAP is at 5+% with 85% LT occupancy Numbers will improve as the remaining units are rented and will bring Cap rate around 8+%
Excellent investment for long term rentals or TOURIST receptivity.

A11330197

MLS ID

January 1, 2023

Listed

February 15, 2024

Updated

Map

1115 Euclid Ave
Miami Beach FL, 33139

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres

Other Property Details

Taxes

$46,785


Tax Frequency

Annually


Days on Market

179


Garage

No


View

No


County

Miami-Dade County


Pool

No


Zoning

3900


Buyer Agency Compensation

2%

Listing History

Date

Event

Price

9/19/2023

Price Change

$4,300,000

-11%

9/19/2023

Sold

$4,300,000

8/25/2023

Pending

8/7/2023

Active

6/12/2023

Pending

Listed by:  The Keyes Company
Listing Contact: 305-898-7224 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  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. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 8:47 PM UTC, 2/15/2024.

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