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- LoopNet Team
1211 Euclid Ave
Miami Beach, FL 33139
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Recently Completed, Gut Renovation
- Blocks From the Beach and Lincoln Road
- Varied Floor Plans with Condo Quality Finishes
PROPERTY FACTS
| No. Units | 13 | Lot Size | 0.16 AC |
| Property Type | Multifamily | Building Size | 6,445 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1937/2019 |
| Building Class | C | ||
| Zoning | 3900, Apartment | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 6,445 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2019 |
| Zoning | 3900, Apartment |
ABOUT 1211 EUCLID AVE , MIAMI BEACH, FL 33139
Marcus & Millichap, as exclusive listing agents, is pleased to offer for sale, 1211 Euclid Avenue, a 12 unit apartment building located in the strong South Beach rental market. The property has been completely gut renovated and only blocks from the ocean and Lincoln Road. Currently, the property is in lease up and the rents are projected based on market comparables. The property consists of 8 - 1 bedroom/1 bathroom units, 2 - 1 bedroom/1.5 bathroom units and 2 - 2 bedroom/2 bathroom units. South Beach is one of the most desirable rental markets in Miami-Dade County. Washington Avenue will be experiencing a major redevelopment of hotels and premium retail. This property is located blocks from the ocean, Lincoln Road, multiple hotels, restaurants and entertainment venues.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | $1,699 | - |
| 1+2 | 2 | $1,925 | - |
| 2+2 | 2 | $2,275 | - |
PROPERTY TAXES
| Parcel Number | 02-4203-009-0950 | Improvements Assessment | $1,260,000 |
| Land Assessment | $1,120,000 | Total Assessment | $2,380,000 |
PROPERTY TAXES
