Updated May 12, 2025
Harold Klein Acquires Multifamily Property On Euclid Ave In Miami Beach For $4.65M
1525 Euclid Avenue, Miami Beach, Florida 33139, United States
$4,650,000
$457/SF
Building Size
10,160 SF
Asset Type
MultiFamily
Closing
Jun 14, 2022
About this deal
AI
The property asset involved in this transaction is a multifamily unit located at 1525 Euclid Ave, within the Miami Beach, FL market. The selling price of the asset was $4,650,000, encompassing a total square footage of 10,160. The price per square foot amounts to $457.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $4,650,000
- Address: 1525 Euclid Ave
- Market: Miami Beach, FL
- Square Footage: 10,160
- Price per Square Foot: $457
- Buyer: Harold Klein
- Broker: Valerio Spinaci
The key individuals involved in this transaction include Harold Klein, who acted as the buyer, and Valerio Spinaci, who served as the broker representing the deal. This transaction was finalized on June 15, 2022.
On the Map
$4,650,000
$457/SF
MultiFamily
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Players
Miami Beach MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.41%
Cash-on-Cash
-0.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93