1115 Euclid Ave, Miami Beach, FL 33139

sale $2,500,000 | Land-commercial/Business/Agricultural/Industrial

Courtesy Of Keyes Company Realtors

Art Deco District central location - RE1 zoning - two floors building - 16 studios Building 7,000 sq. ft. MULTIFAMILY

BEFORE RENOVATION GI $ 175,860 - NOI $ 59,786 avg lease 915 $ CAP RATE 2.14%

AFTER RENOVATION GI $ 259,200 - NOI $ 143,306 avg lease 1,350$ CAP RATE 5.12%

AFTER OBTAINING SHORT TERM LICENSE CAP RATE 9.63%

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Copyright © 2019 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Property Features

Architecture Style: Other
Legal Description: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 42 LOT SIZE 50.000 X 140
MLSID: A10660266
Parking Spaces: 0
Roof Type: Unknown

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CENTURY 21 1st Class Realty

CENTURY 21 1st Class Realty

p: 305.949.0266

17070 Collins Ave, Suite 259

Sunny Isles Beach, FL 33160

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