1351 Euclid Ave,Detached, Quadruplex, Quadruplex, Fourplex, Ocean Beach Addn No 3

1351 Euclid Ave, Miami Beach, Florida, 33139

Price $3,200,000.00

  • Lot size 7209
  • Year Build 1954
  • Waterfront
  • Zip 33139
  • Style Detached
  • Parking Description
  • Pool Yes
  • Status Active
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Description

OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.

Submit all offers via MLS Offers: http://www.mlsoffers.com/propertysearch.php?mls= LOCATION! LOCATION! RARE INVESTOR OPPORTUNITY. PLEASE CALL LISTING AGENT FOR DETAILS. PLEASE DO NOT BOTHER TENANTS, CONTACT LISTING AGENT FOR ALL DETAILS AND FINANCIAL INFORMATION.

OCEAN BEACH ADDN NO 3 PB 2-81 LOT 15 BLK 40 LOT SIZE 50.000 X 140 OR 13068-0891 1086 1

Less Than 1/4 Acre Lot

OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2021,Cooling Y N:1,Heating Y N:1,List Price:3200000,Listing Id:A11127458,Mls Status:Active,Year Built:1954,Living Area:7209,Postal Code:33139,Street Name:Euclid Ave,Coordinates:1:25.7850662,Photos Count:24,Building Name:OCEAN BEACH ADDN NO 3,Days On Market:1,Lot Size Units:Square Feet,M L S Area Major:Ocean Beach Addn No 3,On Market Date:2021-11-19,Parcel Number:02-42-03-009-0850,Property Type:Residential Income,Rent Includes:1:Sewer,2:Trash Collection,3:Water,Stories Total:2,Street Number:1351,M I A M I R E_ Style:Fourplex,Public Remarks:OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2022-03-22,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3926,Property Sub Type:Quadruplex,State Or Province:FL,Subdivision Name:OCEAN BEACH ADDN NO 3,Tax Annual Amount:39002,Total Actual Rent:208449,Unparsed Address:1351 Euclid Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Agency,Operating Expense:64602,Year Built Details:New Construction,Building Area Total:7209,Building Area Units:Square Feet,Lot Size Square Feet:7209,M I A M I R E_ L P Amt Sq Ft:443.8896,Original List Price:3200000,Public Survey Range:42,Documents Available:1:Copy Of Lease(S),2:Rent Rolls,I D X Participation Y N:1,Net Operating Income:143847,Number Of Units Total:14,Syndication Remarks:OPPORTUNITY IN SOUTH BEACH. EXCEPTIONAL PROPERTY IN SOUTH BEACH JUST BLOCKS FROM THE BEACH. FOURTEEN UNIT FULLY OCCUPIED MULTI-FAMILY APARTMENT BUILDING ON A 7,000 SF LOT ZONED RM-1. TWELVE STUDIOS LEASED AT AN AVERAGE OF $1,225 PER MONTH, AND TWO ONE-BEDROOM UNITS LEASED AT AN AVERAGE OF $1,605 PER MONTH. EACH UNIT HAS TWO ACCESS DOORS. ALL UNITS ARE FULLY EQUIPPED AND ARE INDIVIDUALLY METERED FOR ELECTRICITY KEEPING OPERATING EXPENSES VERY LOW. ALWAYS FULLY RENTED ON YEAR-LONG LEASES. THERE ARE HARDLY EVER VACANCIES IN THIS 2-STORY APARTMENT BUILDING. TENANTS HAVE ANNUAL LEASES IN PLACE WITH DIFFERENT EXPIRATION DATES. LONG TERM TENANTS. COIN OPERATED WASHER AND DRYER IN BUILDING. UNIQUE INVESTMENT OPPORTUNITY TO OWN A PROFITABLE BUILDING IN THE HEART OF SOUTH BEACH.,Listing Contract Date:2021-11-19,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:1351,Tax Legal Description:OCEAN BEACH ADDN NO 3 PB 2-81 LOT 15 BLK 40 LOT SIZE 50.000 X 140 OR 13068-0891 1086 1,Public Survey Township:42,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3%,M I A M I R E_ Adjusted Area S F:7209,Contract Status Change Date:2021-11-19,Internet Address Display Y N:1,Number Of Units In Community:2,Transaction Broker Compensation:3%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:443.89,

  • Price $3,200,000.00
  • Price Change: 2021-11-19
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1954
  • Waterfront
  • View
  • Pool Yes
  • Style Detached
  • Construction CBS Construction
  • Parking Description
  • Flooring Type Ceramic Floor
  • Property Type Residential Income
  • Status Active
  • Listed 2021-11-19
  • Days on Market 8
  • Furnished
  • City Miami Beach
  • Zip 33139
  • State Florida
  • Subdivision OCEAN BEACH ADDN NO 3
  • Development Name OCEAN BEACH ADDN NO 3, Ocean Beach Addn No 3
  • HOA Fees
  • Taxes 39002
  • Taxes Year 2021