Executive Managing Director Calum Weaver will Market the Fully Renovated 17-Unit Art Deco Multifamily Community for Miami-Based Investor
Cushman & Wakefield announced today that it has been named exclusive listing agent for Alexandria SOBE, a 17-unit luxury multifamily community in the heart of South Beach.
Executive Managing Director Calum Weaver has been selected to market the upscale asset for Miami-based investor Euclide MB Investments Corp. The list price for Alexandria SOBE is $9.75 million ($500,000 per square foot).
Alexandria SOBE is a three-story boutique apartment community housed in an historic Art Deco building originally constructed in 1937. Ownership has invested $5 million in renovations at the property, repositioning the asset as AAA product in one the world’s most desirable markets.
Alexandria SOBE features four unit types, ranging from studios to three-bedroom suites. Apartments feature elegant finishes such as high-quality floor coverings with polished natural stone inserts, Murano and mother of pearl mosaic walls, crystal glass walls, fine Italian marble, solid wooden doors with designer stainless steel handles, black granite countertops, oversized showers with crystal doors, hydro therapy bathtubs, Duravit® bathroom fixtures and top-of-the line Grohe® faucets.
The community is replete with luxurious amenities such as a private courtyard with tropical garden and koi pond, fitness center, sauna, steam room and common meeting area.
Alexandria SOBE’s location at 1515 Euclid Avenue is centered in Miami’s Art Deco district, just blocks from Lincoln Road Mall and within walking distance of Ocean Drive and the Atlantic beaches. This address offers immediate access to South Beach’s world-renowned retail, dining and entertainment.
“Alexandria SOBE provides investors with the opportunity to acquire the the most luxurious apartment rental in the market,” said Weaver. “You will not find a more desirable boutique rental on South Beach, period.”
“Alexandria SOBE is the platinum standard for Art Deco-styled rentals,” added Weaver. “Ownership has spared no expense in renovating this asset. It’s unmatched finishes along with its proximity to Lincoln Road and Ocean Drive make this a truly unique investment opportunity.”
For more information, please visit the Alexandria SOBE listing website.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors and occupiers optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com
