Basic Information
- MLS # A11184974
- Type Quadruplex
- Status Closed
- Subdivision/Complex OCEAN BEACH ADDN NO 3
- Year Built 1954
- Total Sqft 7,209
- Date Listed 04/05/2022
- Days on Market 77
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Construction Type Block
- Parking Description
- Style Quadruplex
Interior Features
- Adjusted Sqft 7,209Sq.Ft
- Cooling Description Electric
- Floor Description Ceramic Tile, Vinyl
- Heating Description Electric
- Sqft 7,209 Sq.Ft
Property Features
- Address 1351 Euclid Ave
- Aprox. Lot Size 7,209
- Construction Materials Block
- Furnished Info no
- Listing Terms Cash
- HOA Fees $0
- Subdivision Complex
- Subdivision Info OCEAN BEACH ADDN NO 3
- Tax Amount $39,002
- Tax Legal desc 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
1351 Euclid Ave
Miami Beach, FL 33139Similar Properties For Sale
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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 ©2023-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. tel: 305-405-0615
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