Looking for a commercial investment opportunity
in the heart of South Beach? Look no further! This
property, located at 744 Euclid in Miami Beach,
Florida, is the perfect choice. Two separate buildings
on the same plot, this property offers a total of 12
units. The first building contains 8 units, all one
bedroom and one bathroom, while the second
building has four larger units with the same layout.
All units except for two have been converted to
central AC, and one of the buildings is getting a new
roof while the other one is in great condition.
Situated just two blocks from the popular Ocean
Drive, this property is in high demand from renters
looking to be in the heart of 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 an astute investor. Don’t miss out on
this chance to own a piece of South Beach real
estate. Contact us today to schedule a showing and
learn more about this exciting opportunity.