1438 Meridian AVE, Miami Beach, FL 33139
1438 Meridian AVE, Miami Beach, FL 33139
1438 Meridian AVE, Miami Beach, FL 33139
1438 Meridian AVE, Miami Beach, FL 33139
1438 Meridian AVE, Miami Beach, FL 33139
1438 Meridian AVE, Miami Beach, FL 33139
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$ 2,400,000
Est. payment | /mo

4,644 SqFt


$ 2,400,000
Est. payment | /mo

4,644 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,644 sqft

Price per Sqft $516

Subdivision Espanola Villas 1St Addn

MLS Listing ID A12023899

Construction Status Resale,Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 4644

Year Built 1936

Annual Tax Amount $24,505

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

PARKEDGE – Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income.Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Española Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods.The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.

Location

State FL

County Miami-dade

Area 2320

Zoning 2800

Interior

Interior Features InteriorFeatures

Heating Electric, Separate Meters

Cooling Central Air, Electric

Flooring Tile, Wood

Fireplace No

Exterior

Exterior Feature Balcony, Outdoor Living Area

Utilities Available Cable Available

Water Access Desc Public

Roof Type Built-Up

Porch Balcony

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale,Updated/Remodeled

Schools

Elementary Schools Miami Beach Fienberg / Fisher K-8

High Schools Miami Beach

Others

Tax ID 0232340150260

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12023899

BeachesMLS, Inc. (FLR) IDX
Listed by Jordan Lederman Fortune International Realty

Nearby Locations

Vinesha Clark

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1438 Meridian AVE