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Condominium
$875,000$735 / sqft
300 Euclid Ave # 209, Miami Beach FL 33139
Listed
2
Bedrooms
3
Bathrooms
1,190 sqft
Interior
1998
Year built
$1,418 / mo
HOA
Condominium
Type
About this home
Armitage Place is a timeless architectural statement offering understated elegance, privacy, and a true sense of tranquility in the heart of South of Fifth. This upper-level townhome features two bedrooms, two full bathrooms, and a powder room, complemented by a spacious kitchen and the convenience of an in-unit washer and dryer. Exceptional outdoor living sets this residence apart, with four private balconies and an impressive 20’ x 25’ private rooftop terrace, an ideal setting for entertaining, al fresco dining, or creating a serene private retreat above the city. This intimate boutique building features a heated swimming pool, elevator, and one covered and gated parking space. Ideally positioned in South of Fifth, one of South Beach’s most coveted neighborhoods, the residence is moments from the ocean, world-class dining, parks, and the neighborhood’s celebrated waterfront lifestyle all within a peaceful and highly walkable setting. Easy to show
Features
- First Floor Entry
- Cooking Island
- French Doors
- Open Balcony
- Garden View
- Other View
Leasing
- Minimum lease
- 181 days
- Leases permitted per year
- 2
- Ok To Lease
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.