Rare, fully licensed Hotel/Short term rental multi family

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Townhome/Townhouse For Sale

1534 Euclid Ave

Miami Beach, Florida 33139

Miami-Dade County

Community: Lincoln Sub

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$2,500,000 5 br, 5.0 bath 3990 sq. ft. 0.000 acres

Rare, fully licensed Hotel/Short term rental multi family building in the heart of South Beach, blocks from Lincoln Rd & the Ocean. Due to strict municipal zoning laws, one of few buildings in the area to be licensed for STR, grandfathered in from prior to 2012. This Art Deco Gem, aka *Le'toile* features 4 spacious units, one 2 BD and three 1 BD's. 2 of the units have an extra den/bedroom for additional rental premium. The property features 3990 interior SF on a 7500 SF lot, a large pool & pool deck, impact windows, vaulted ceilings, front yard, parking area, fully gated and a large second floor patio overlooking lush landscaping & the private pool. Building Certification Completed. Incredible upside through capital improvements & opportunity to convert into a single family home/Mansion.

Interior:
  • Bedrooms: 5
  • Baths: 5.0
  • Sq Ft: 3990
  • Year Built: 1937
  • Utilities: 
  • Fireplaces: 
  • Stories: 
  • Heat/AC: Central
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • View Types: 
  • Yard: 
  • Siding: Block
  • Roof: Tile
  • Property Taxes: $21,125
  • MLS #: A11777574
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Contact Information:
Beach Townhome/Townhouse For Sale in Miami Beach, Florida
Listing Agent: Michael Porat, Compass Florida LLC, 305-587-6179, 561-285-4794 Listing Site, Listing Status: Active
Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6004736
Viewed 66 times.
Updated: May 13, 2025

This property is a Townhome/Townhouse located at 1534 Euclid Ave, Miami Beach, Florida 33139, and is currently For Sale at $2,500,000. This Townhome/Townhouse has 5 bedrooms, 5.0 baths, 3990 sq ft.