Features & Amenities

Interior

Area & Lot

  • Property Type

    Residential Income

  • Architectural Style

    Fourplex

Exterior

  • Garage

    No

  • Construction Materials

    Block

Financial

  • Sales Price

    $3,300,000

  • Tax Amount

    39002.0

  • Zoning

    3900

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Location

County

Miami-Dade

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Listing Courtesy of Uriel Chemerinski , Beachfront Realty Inc

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Agent JarrodGaylis

Realtor

JarrodGaylis

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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.

1351 Euclid Ave

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