Atlantic Luxury AdvisorsKeller Williams Realty Services

18 photos

1027 Euclid Ave #7

Miami Beach, FL 33139

$198,000
1
400 sq ft
1930
Condominium
$605/mo
0
Active

Listing courtesy of Keller Williams Eagle Realty. Contact: [email protected].

About this home

PRIME SOUTH BEACH LOCATION – INCOME-PRODUCING INVESTMENT OPPORTUNITY! Located in the heart of Miami Beach, this charming studio + den corner unit is situated in a classic Art Deco building, offering the perfect combination of location, character, and investment potential. Already tenant-occupied, providing immediate rental income from day one! The building features convenient on-site shared laundry facilities. Just one block from Flamingo Park and within walking distance of the beach, Ocean Drive, Lincoln Road, Española Way, restaurants, shopping, nightlife, and everything South Beach has to offer. Enjoy the vibrant Miami Beach lifestyle in one of the area’s most desirable and walkable neighborhoods. An excellent turnkey investment opportunity with an established tenant and immediate income potential!

Virtual tour
What it costs to own
Estimated monthly payment
$1,973/mo
Principal and interest
$1,001
Property tax
$242
Homeowners insurance
$125
HOA
$605

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$2,902/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$605/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Vila Mara, A Condo was built in 1930, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one was due by December 31, 2024. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.