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Exceptional investment opportunity in the heart of Miami Beach. This fourplex is ideally located at 912 Euclid Avenue, just minutes from the beach, Flamingo Park, world-class dining, shopping, entertainment, and all the attractions that make South Beach one of the most desirable destinations in South Florida. Situated on a 6, 580 SF lot, this charming multifamily property features approximately 2, 558 SF of living area and offers a unique blend of historic Miami Beach character and income-producing potential. Built in 1921, the property showcases classic architectural details while benefiting from a prime location in a highly sought-after rental market. The building consists of four residential units and presents an excellent opportunity for investors seeking stable rental income, long-term appreciation, or value-add potential. Its central location provides convenient access to major roadways, public transportation, parks, restaurants, cafés, and the beach, making it highly attractive to both residents and tenants. Whether you’re looking to expand your investment portfolio, complete a 1031 exchange, or acquire a multifamily asset in one of Miami Beach’s most established neighborhoods, this property offers strong upside potential in a market with continued demand for rental housing. Rare opportunity to own a multifamily property in the heart of South Beach. 912 Euclid Avenue presents a rare opportunity to acquire a multifamily asset in one of the most desirable and established neighborhoods in Miami Beach. Located in the heart of South Beach, this fourplex benefits from strong rental demand driven by its walkable location, proximity to the beach, restaurants, entertainment venues, shopping districts, parks, and public transportation. The property is situated on a 6, 580-square-foot lot and offers approximately 2, 558 square feet of living area. Originally built in 1921, the building reflects the historic charm and architectural character that make Miami Beach properties highly sought after by residents, investors, and visitors alike. Its prime location provides convenient access to Flamingo Park, Ocean Drive, Lincoln Road, Washington Avenue, major employment centers, cultural attractions, and the Atlantic Ocean. Residents enjoy a vibrant urban lifestyle while benefiting from the convenience of nearby grocery stores, fitness centers, cafés, and everyday services. This property offers investors the opportunity to own a multifamily building in a market with historically strong occupancy levels and consistent rental demand. Miami Beach continues to attract both domestic and international residents seeking the unique lifestyle and amenities the area provides. The property’s configuration makes it suitable for a variety of investment strategies, including long-term income generation, portfolio diversification, and value-add improvements. Buyers are encouraged to conduct their own due diligence regarding zoning, permitted uses, unit configuration, income potential, operating expenses, redevelopment possibilities, and future investment opportunities. The location within South Beach remains one of the property’s strongest attributes, offering exceptional walkability and access to some of South Florida’s most recognizable destinations. Whether acquired as a long-term hold, income-producing investment, or strategic addition to an existing real estate portfolio, 912 Euclid Avenue represents an opportunity to own a multifamily property in one of Miami Beach’s most established and desirable neighborhoods. Property information is believed to be accurate but is not guaranteed. Buyers and buyer’s agents should independently verify all information, including square footage, lot size, zoning, income, expenses, unit count, and future use potential.
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William Raveis Real Estate
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $2,059 | $2,059 | $2,059 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,271 | $10,552 | $14,852 |
| Total Monthly Payment | $12,455 | $12,736 | $17,036 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.