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.
For sale
Price cut: $400K (5/13)
$2,500,000
1534 Euclid Ave #0, Miami Beach, FL 33139
5beds
5baths
3,990sqft
Est.:
Quadruplex
Built in 1937
-- sqft lot
$-- Zestimate®
$627/sqft
$-- HOA
What's special
Private poolParking areaFront yardVaulted ceilingsImpact windowsLush landscapingLarge second floor patio
- 53 days
- on Zillow |
- 819 |
- 56 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 02:44pm
Listed by:
Michael Porat 305-587-6179,
Compass Florida, LLC.
Source: MIAMI,MLS#: A11777574
Originating MLS: A-Miami Association of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
Heating
- Central
Cooling
- Central Air
Features
- Stairs
- Flooring: Wood
- Windows: Blinds, High Impact Windows
Interior area
- Total structure area: 3,990
- Total interior livable area: 3,990 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
Features
- Stories: 2
- Patio & porch: Deck, Patio
- Exterior features: Balcony, Lighting
- Has private pool: Yes
- Pool features: In Ground
- Fencing: Fenced
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Additional structures: Extra Building/Shed
- Parcel number: 0232340021080
- Zoning: 3900
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- CBS Construction
- Roof: Curved/S-Tile Roof
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Subdivision: Lincoln Sub,Le’toile
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $627/sqft
- Annual tax amount: $21,125
- Date on market: 4/4/2025
- Listing terms: All Cash,Conventional
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