650 Euclid Ave Miami Beach, FL 33139
- Commercial real estate
- 4,524 SF
Current Use by Public Records
- Commercial real estate
Property Details for 650 Euclid Ave
- Year built
- 1940
- Property size
- 4,524 SF
- Property type
- Commercial real estate
- APN
- 02-4203-009-3230
Description
This exceptional 8-unit apartment building presents a compelling investment opportunity in the desirable Miami Beach area. Located at 650 Euclid Ave, Miami Beach, FL 33139, this two-story property boasts a total of 4,524 square feet situated on a 7,000 square foot lot (APN: 02-4203-009-3230). Originally constructed in 1940 and extensively renovated in 2010, the building offers a blend of classic charm and modern amenities. Each of the eight one-bedroom units is equipped with impact windows, central air conditioning, and a convenient in-unit washer and dryer, enhancing both tenant comfort and property value. Currently fully rented, this property generates consistent income, making it an ideal choice for investors seeking a stable and appreciating asset. The property is being offered as a 1031 exchange opportunity. Its prime location in Miami Beach ensures strong rental demand and potential for future appreciation. This is a rare chance to acquire a well-maintained, income-producing multifamily property in a highly sought-after location. The property's strong rental history and desirable features make it an attractive investment for both seasoned and new investors. Don't miss this opportunity to own a piece of Miami Beach real estate.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.13500879
- Latitude
- 25.77674949