101 Euclid Avenue – a 16-unit multifamily property located in the heart of South
Beach. Built in 1956, the property recently completed its 40-year recertification
and totals 6,666 square feet on two stories. The property is 100% occupied with
$1,250 per unit market rents - $240,000 per year in potential gross income. The
building is in excellent condition and all units have been upgraded including
impact windows and doors, new tile, kitchen cabinets, and countertops.
The 16-units are available free and clear. In addition, the owner is selling an 16-
units at 940 Jefferson Avenue. 1101 Euclid and 940 Jefferson can be acquired
together or separately.