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751 Euclid Avenue Miami Beach, FL 33139

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For Sale
$2,750,000

Miami Beach Art Deco multifamily property with income potential.

Type:Commercial/Industrial / Income/Multi Family
Property size:
4,400 SF
Added:
Aug 30, 2024
Days on Market:
598
Last Refresh:
Mar 13 at 11:08 am

Property Features for 751 Euclid Avenue

General Information

Standard status
Active
Size
4,400 SF
Property subtype
Commercial/Industrial / Income/Multi Family

Building Details

Year Built
1935

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Listing Contact
Marion Ott
Marion Ott

Listing agent Marion Ott License #0617981

Listing office Douglas Elliman

Listing date Aug 30, 2024

Source Compass

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Douglas Elliman


Overview

Art Deco Multifamily Income Property

This unique Art Deco property features 8 units, including 4 one-bedroom units with dens and 4 bathrooms, and 4 studio units with 4 bathrooms. The property generates good long-term rental income and includes a separate shed and 4+1 parking spaces, all within a fully fenced backyard. Situated in a prime Miami Beach location, it is conveniently located just 2-3 blocks from the beach, shopping, and restaurants. There is potential for expansion, with the possibility of adding either two luxury townhouses or up to five additional apartments. The property offers immediate rental income while allowing for future value enhancement through new construction. An architect is available after contract signing. The property has been under the same ownership for over 25 years. All units feature newer kitchens and partially updated bathrooms, wood floors, and the one-bedroom units include charming fireplaces. The studios are fully furnished. Convenient alley access facilitates easy renovation or new construction. The property size is 4400 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Real Estate Agency Daycare Center Grocery & Convenience Store

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

Location Insight

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City
Miami Beach
County
Miami-Dade
State
Florida
Longitude
-80.134729
Latitude
25.778086

FAQs

What type of property is this?
Apartment building - Miami Beach Art Deco multifamily property with income potential.
Where is this apartment building located?
The property is located at 751 Euclid Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Prime Miami Beach location, just 2‑3 blocks from the beach, shopping, and restaurants.; Strong rental income from 8 units (4 x 1 bed + den, 4 x studios).; Development potential: opportunity to expand with townhouses or additional apartments.
More about this property
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