1115 Euclid Ave, Miami Beach, Florida

Real Estate For Sale

$2,800,000

Beds Baths

1115 Euclid Ave
Miami Beach , FL 33139

Vacant Land - Active
Subdivision: Ocean Beach Addn No 3
MLS #: A10660266


Lot Dimensions: 50x140
Taxes: $35,707
Tax Year: 2018
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REMARKS: Art Deco District central location - RE1 zoning - two floors building - 16 studios Building 7,000 sq. ft. MULTIFAMILYBEFORE 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%

AMENITIES: Fenced, Less Than 1 Acre, Public Sewer Service, Public Water Supply, Tv Cable Available,

 

 

 

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