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Recently Gut-Renovated 17-Unit Apartment Building
For Sale
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1515 Euclid Ave, Miami Beach, FL 33139

Seventeen-unit apartment community recently gut renovated with updated interior finishes, located steps from Lincoln Road and Ocean Drive.

Property SizeContact for details
Days on Market126

Property Features for 1515 Euclid Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 17
Listing Agency: CBRE - Fort Lauderdale
Listed By: Calum Weaver · License #FL 3057668
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 7:18AM

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 CBRE - Fort Lauderdale

Investment Insights

Based on property information with market context.

Alexandria South Beach is a 17-unit apartment community that was recently gut renovated and updated with “AAA condo” finishes in a single property folio. The building is positioned as a boutique rental option and offers a concentrated, manageable scale for ownership.

The property is located in the heart of South Beach at 1515 Euclid Ave, Miami Beach. It is described as steps away from Lincoln Road and Ocean Drive.

This offering is presented as a for-sale opportunity to acquire a recently renovated, small-scale multifamily asset in a high-demand South Beach setting.

Key Highlights

  • 17‑unit apartment community recently gut renovated
  • Updated interior finishes throughout the property
  • Located steps from Lincoln Road and Ocean Drive in South Beach

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Restaurant Nursing Home Adult Day Care Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17
Residential units

Location Intelligence

Trade Area within ½ mile

8,703
Businesses Nearby

Demographics for 33139, FL

36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Seventeen-unit apartment community recently gut renovated with updated interior finishes, located steps from Lincoln Road and Ocean Drive.
Where is this apartment building located?
The property is located at 1515 Euclid Ave Miami Beach, FL.
What are key features of this property?
This property features: 17‑unit apartment community recently gut renovated; Updated interior finishes throughout the property; Located steps from Lincoln Road and Ocean Drive in South Beach
More about this property
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