Miami Beach, Florida 13 potential units! Existing 2-story 8-unit multi family apartment building & value add opportunity to build 5 more units in the back yard for a total potential 13 units. The Agapi Apartments represent a unique opportunity to develop more income producing rentals with ease of access from both Euclid Ave and the back alley. Located blocks to the beaches & Ocean on Euclid Ave. Unit mix of 4 - One-bed & 4 - Studios valued at $200,000 per door & the 5 potential units to be developed valued at $66,667/door land-cost combined = potential value of $1.934 mm +/-. Zoning & Development analysis by "Studio X" architects. Please see the attached Offering Memorandum ("OM") & Comps for details. Potential Seller-Financing with 50% + down.