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912 Euclid Ave, Miami Beach FL 33139

Multi-family For Sale
$2,200,000

BTC: 34.59119497

ETH: 1,156.28810495

40 days
0 room(s)
2,558 sqft

Overview

Rare opportunity to acquire one of Miami Beach’s most unique income-producing assets. Ideally located in the heart of the Flamingo Park Historic District, this exceptional fourplex combines immediate cash flow, historic significance, and outstanding long-term investment potential. Built in 1921, the property is officially recognized as a historic Contributing Building, preserving the architectural charm and character that make Miami Beach one of the country’s most desirable destinations. Situated on an oversized 6,580 SF lot with approximately 2,558 SF of living area, the property features four residential units, including two spacious 2-bedroom apartments—a rare feature in South Beach that enhances rental appeal and income potential. The property’s unique configuration offers an additional strategic advantage. While preserving its historic front structure, the rear portion of the site may present future value-add opportunities, subject to buyer verification and approval by the City of Miami Beach. This combination of historic character and future flexibility is rarely available. Just blocks from the beach, Flamingo Park, Lincoln Road, renowned restaurants, cafés, shopping, entertainment, and cultural attractions, the property enjoys strong rental demand in one of South Florida’s most desirable neighborhoods. An exceptional opportunity for investors seeking stable income, long-term appreciation, and a truly distinctive Miami Beach asset.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1921
Lot:
No Data
Heating:
None
Price/sqft:
$860
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$725,000
$535K – $1.2M
Confidence Low
List vs. estimate
$1.5M above estimate
List $2,200,000 · +203.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$860
+85.7% vs. city median $463
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $269K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$24,707
2025
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • None

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: Balcony / Open Balcony / Room For Pool

    Other Property Information

    • Parcel Number: 02-42-03-009-3640

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $24,707

  • Source details

    • MLS ID: A12041367

    Other facts

    • Construction Materials: Concrete Block With Brick / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Patio And Porch Features: Deck / Open Balcony / Patio

    • Architectural Style: Detached / Old Spanish / Other

    • Living Area: 2558

    • Water Source: Municipal Water

    • Subdivision Name: OCEAN BEACH ADDN NO 3

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Naim Real Estate LLC