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320 Euclid Avenue
SOLD

Shelly Northern & Jesse Spencer Represent 17 Condo Owners In Sale Of The Brooklyn In Miami Beach

320 Euclid Avenue

MultiFamily
520 SF
clock iconSold 1 year ago
Shelly Northern
Jesse Spencer
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Summary

Sale
FLORIDA
MultiFamily
520 sqft

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.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

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Shelly Northern
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Broker Associate
$31.3M Sold

Details

Deal Summary
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SOLD
IMAGE: Jesse Spencer & Shelly Northern DATE: 06/08/2021 ADDRESS: 320 Euclid Ave MARKET: Miami Beach ASSET TYPE: Multifamily BROKERS: Shelly Northern & Jesse Spencer SALE PRICE: $4,600,000 UNITS: 17 ~ PPU: $270,588 NOTE: ASSEMBLY SALE / 17 INDIVIDUALLY OWNED CONDOS: Shelly and Jesse represented all 17 condo owners in the very complex individual closing of all condos in The Brooklyn, an art deco building in prestigious South of Fifth, Miami Beach. This is a significant sale as it now allows the single owner to do a change of use to the building, allowing for short term/transient renting. None of the owners were actively selling their condos when approached by Jesse and Shelly. Sam Gaita with Douglas Elliman represented the buyer. Danielle Blankstein with Lisa Pearson, P.A was the attorney for the majority of sellers. For more details please contact Shelly or Jesse: [email protected], @shellylnorthern, [email protected] @jplusgroup

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Address320 Euclid Avenue

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