This one-of-a-kind Art Deco Property offers 8 units 4 x 1 bed plus DEN/ 4 bath and 4 x Studios/ 4 bath with good long term rental Income, a separate shed, and 4+ 1 parking spaces, fully fenced backyard. Prime Miami Beach location just 2-3 blocks to the Beach, shopping and Restaurants. There’s potential to expand with either two luxury townhouses or up to five additional apartments. Enjoy immediate great rental income while planning for the added value/ new construction. An architect is available after contract signing. Pride of ownership for more than 25 years, all the units have newer kitchens and partially updated bathrooms, wood floors, and a charming fireplace in the one-bedrooms. Studios come fully furnished. Convenient alley access for easy renovation or new construction.
751 Euclid Ave, Miami Beach, FL, 33139
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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