A multifamily property located at 320 Euclid Ave in Miami Beach has been sold for a total price of $4,600,000. The sale was completed on 06/08/2021 and involved the transfer of ownership of 17 individually owned condos within The Brooklyn, an art deco building. Shelly Northern and Jesse Spencer represented all 17 condo owners in the complex and facilitated the individual closing of each condo.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $4,600,000
• Address: 320 Euclid Ave, Miami Beach
• Market: Miami Beach

This sale is significant as it now allows the single owner of The Brooklyn building to pursue a change of use, permitting short-term/transient renting. The owners of the 17 condos were not actively selling their units when approached by Shelly and Jesse. The buyer, represented by Sam Gaita of Douglas Elliman, expressed interest in acquiring all the condos. The majority of the sellers were represented by Danielle Blankstein, with Lisa Pearson, P.A, serving as their attorney.

For further details about the transaction, interested parties can contact Shelly Northern at shelly.northern@compass.com or find her on Instagram at @shellylnorthern. Jesse Spencer can be reached at [email protected] or found on Instagram at @jplusgroup.