751 Euclid Avenue Miami Beach, FL 33139

Building Details

Year Built

1935

Listing Agency Douglas Elliman m***@elliman.com Show Phone

Listed by Marion Ott · License #0617981 Show Phone

Source Compass

Added: Aug 29, 2024 Checked: Jul 17 at 4:44 am

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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.