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    1534 Euclid Ave Miami Beach, FL 33139

    For Sale
    $2,500,000

    Multi Family - Miami Beach, FL

    Type:Single Family Attached
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1534 Euclid Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Single Family Attached
    Standard status
    Active
    Zoning
    3900
    APN
    02-32-34-002-1080
    Parking
    2

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1937
    Number of units
    4
    Flooring type
    Hardwood, Wood
    Building materials
    Block
    Roof type
    Tile
    Architectural style
    Other

    Compass Florida LLC (305) 851-2820 [email protected]

    Listing agent Michael Porat (561) 285-4794 License #3520305

    Listing date Nov 5, 2025

    MLS# A11777872 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Licensed Hotel/STR Multifamily Building

    This is a rare, fully licensed hotel and short-term rental multifamily building located in the heart of South Beach, just blocks from Lincoln Road and the Ocean. Due to strict municipal zoning laws, it is one of the few buildings in the area licensed for short-term rentals, grandfathered in from prior to 2012. Known as "Le’toile,” this Art Deco gem features 4 spacious units: one 2-bedroom unit and three 1-bedroom units. Two of the units have an extra den/bedroom for potential added rental premium. The property features 3990 interior square feet, a large pool and pool deck, impact windows, vaulted ceilings, a front yard, a parking area, and is fully gated. It also includes a large second-floor patio overlooking lush landscaping and the private pool. The building certification is completed. There is incredible upside through capital improvements and the opportunity to convert it into a single-family home/mansion. The intended use of the property is for hotel and short-term rentals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.135687
    Latitude
    25.788189

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    FAQs

    What type of property is this?
    Quadplex - Rare, licensed South Beach hotel/short-term rental multifamily property for sale.
    Where is this quadplex located?
    The property is located at 1534 Euclid Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: - Rare opportunity: Fully licensed for short-term rentals (STR) in South Beach due to grandfathered zoning.; - Prime location: Blocks from Lincoln Rd and the ocean.; - Four spacious units (one 2-bedroom, three 1-bedroom), with potential for increased rental income.
    (561) 285-4794
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    Miami Beach, FL 33139
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1534 Euclid Ave Miami Beach, FL 33139
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