751 Euclid Ave $2,495,000


    751 Euclid Ave Miami Beach, FL 33139

    • 4,125 sq. ft.
    • 0.16 Acres
    • Commercial
    • MLS# A11160512
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    Views: 9 Days On Site: 140

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    Property Details

    Description Tours Download PDF

    Miami Beach, FL 8-unit multifamily apartment building plus ability to build 4 to 5 units in the excess land on the back. The Agapi Apartments is a value-add play to build addition income while holding the current income. The development rights are a bonus value of $266,400 to $333,000 in land value. Property is a mix of 4 - One beds & 4 - furnished studios. Short term rentals NOT allowed. Not zoned for Short term rentals. Comes with a storage structure in back and 5 parking spaces. Please see attached P&L, building amenities & updates review, as well as the OM and development analysis by "Studio X"-Architects. Text agent for tenant-covid-friendly-videos of interiors of units.



    33139 (Miami Beach) Demographics

    40 Median Age
    6,407 Population Density (per sq. mile)
    59% College Educated
    $56,227 Estimated Median Income
    6,481 Estimated Total Home Owners
    14,078 Estimated Total Renters
    32% / 68% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,488 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $489,000 Median Sales Price
    115 Homes Sold
    223 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,495,000
        6/6/2022 9:37:14 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/3/2022 11:37:41 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        6/1/2022 11:37:42 AM Status Changed Source: Multiple Listing Service New Value: Pending
        5/19/2022 12:07:53 PM Status Changed Source: Multiple Listing Service New Value: Active
        5/5/2022 1:39:46 PM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        4/25/2022 11:37:41 AM Price Reduced Source: Multiple Listing Service New Value: $2,495,000 -5.85%
        2/14/2022 11:38:00 AM New in Database Source: Multiple Listing Service New Value: $2,650,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.