Description
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.
School Ratings & Info
Description
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.
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