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Condominium
$270,000$511 / sqft
1600 Euclid Ave # 203, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
528 sqft
Interior
1936
Year built
$590 / mo
HOA
Condominium
Type
About this home
Charming corner residence in the iconic Evelyn Condo, SELLER CAN PAY CLOSING COSTS, a boutique Art Deco gem in the heart of South Beach. This bright and spacious 1-bedroom, 1-bath unit features high ceilings, abundant natural light, and a desirable corner layout overlooking lush garden views. Ideally located just steps from Lincoln Road, Flamingo Park, world-class dining, cafés, shopping, nightlife, and the beach. The building offers reserves and recent improvements, including a new roof, exterior upgrades, and full termite tenting, with special assessments already paid by the seller. Perfect as a primary residence, vacation retreat, or investment property in one of Miami Beach’s most walkable and vibrant neighborhoods. A rare opportunity to own classic South Beach charm with strong long-term value potential.
Features
- Second Floor Entry
- Courtyard
- Garden View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 1
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.