Looking for the perfect commercial investment opportunity in South Beach? This property, located at 744 Euclid in Miami Beach, Florida, is exactly what you're looking for. The property features two separate buildings on the same plot, with a total of 12 units - 8 one bedroom/one bathroom units in the first building and 4 larger units with the same layout in the second building. Located just two blocks from the popular Ocean Drive, this property is in high demand from renters looking to be in the heart of all the action. With a cap rate of 4.4% at a price of $3,400,000.00 and the potential for higher rents, this is an excellent opportunity for a savvy investor. Don't miss out on the chance to own a piece of South Beach real estate - contact us today to schedule a showing and learn more.
MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. Updated: 27th May, 2023 11:09 PM (UTC)
Listing Office: Fausto Commercial Realty Consultants Inc