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1115 Euclid Avenue

1115 Euclid Avenue, Miami Beach, FL 33139
1 Units For Sale
Unit for sale at 1115 Euclid Ave, Miami  Beach, FL 33139

$4,800,000

  • Commercial
1115 Euclid Ave, Miami Beach, FL 33139 Listing by Fabrizio Passatore

Local assessors in Miami Beach, FL have categorized 1115 Euclid Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 16 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 16 full bathrooms. There are also 16 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1115 Euclid Avenue has a total of 8,860 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. The building has a roof that is made of tile. Lots of a combination of material were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1115 Euclid Avenue sold most recently in Sep 7, 2023 for a total of $4,300,000. If you work out the math, that's approximately a cost of $485.33 per sqft. Before that, the property was also sold for $2,310,000 in Mar 5, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $51,021 in taxes each year. 1115 Euclid Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,700,000. If we break it down further, the land itself was valued at $1,610,000. Improvements to the property, however, were assessed at a total of $1,090,000. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 16
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Combination
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 16
  • Business/Commerical Units Count: 17
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 8,860
  • Gross Building Area: 8,860
  • Building Area: 8,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 8,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN BEACH ADDN NO 3
  • Land Acres: 0.161
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 8 BLK 42 LOT SIZE 50.000 X 140

Ownership

  • Current Owner : EUCLID MIAMI APARTMENTS LLC
  • Previous Owner : 1115 EUCLID LLC
  • Owner Before Previous Owner: IPSE INVESTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004303

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4203-009-1081
  • Block: 42
  • Lot: 8
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7822
  • Longitude: -80.1348

    Address

  • Full Address: 1115 Euclid Ave
  • Address - House Number: 1115
  • Address - Street Name: Euclid
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C010
  • 4-Digit Zip Code: 4532
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 7,974
  • Tax Year: 2023
  • Tax Amount: $51,021
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 3,220,397
  • High Value: 4,631,783
  • Low Value: 1,809,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: INTERAUDI BANK
  • First Open Lien Mortgage Recording Date: Oct 20, 2023
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $2,700,000
  • Market Land Value: $1,610,000
  • Market Improvement Value: $1,090,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,700,000
  • Assessed Land Value: $1,610,000
  • Assessed Improvements Value: $1,090,000

    Sales

  • Current Sale Contract Date: Sep 07, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Transaction ID: 11915335340
  • Current Sale Price: $4,300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 755166
  • Previous Sale Recording Date: Mar 22, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $2,310,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERAUDI BANK
  • First Mortgage Transaction Date: Oct 20, 2023
  • First Mortgage Loan Amount: $2,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: EF SBC 2015 2 LLC
  • Previous Mortgage Transaction Date: Mar 22, 2021
  • Previous Mortgage Loan Amount: $2,250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Flamingo - Lummus



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Frequently Asked Questions

What neighborhood is 1115 Euclid Avenue located in?
The 1115 Euclid Avenue is a located in the neighborhood of Flamingo - Lummus in Flamingo - Lummus, Miami Beach.
How many listings are currently for sale in 1115 Euclid Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 1115 Euclid Avenue?
The average sales price for units in 1115 Euclid Avenue is $4,800,000 currently.

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