1438 Meridian Ave, Miami Beach, FL 33139
Local realty services provided by:First Service Realty ERA Powered
Listed by: jordan lederman
Office: fortune international realty305-400-6393
MLS#:A12023899
Source:SEFMLS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$516.8
About this home
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....
Contact an agent
Home facts
- Year built:1936
- Listing ID #:A12023899
- Updated:June 15, 2026 at 09:53 AM
Rooms and interior
- Flooring:Hardwood, Tile, Wood
- Living area:4,644 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Electric
- Central air:Yes
Structure and exterior
- Roof:Built-Up
- Year built:1936
- Building area:4,644 sq. ft.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$516.8
- Tax amount:$24,505 (2025)
Features and amenities
- Amenities:Balcony, Impact Glass Windows
New listings near 1438 Meridian Ave
- New
$1,405,000Active3 beds 2 baths7,810 sq. ft.1787 Normandy Drive, Miami Beach, FL 33141
MLS# B26040967Listed by: REALTY STANDARD INC - New
$360,000Active2 beds 2 baths918 sq. ft.7840 Harding Ave #1, Miami Beach, FL 33141
MLS# A12033497Listed by: CMB REALTY GROUP, LLC. - New
$3,199,000Active3 beds 3 baths2,340 sq. ft.300 S Pointe Dr #1001, Miami Beach, FL 33139
MLS# A12025003Listed by: ONE SOTHEBY'S INTERNATIONAL REALTY - New
$440,000Active2 beds 2 baths750 sq. ft.1228 West Ave #604, Miami Beach, FL 33139
MLS# A12036307Listed by: BEACHFRONT REALTY INC - New
$450,000Active2 beds 1 baths945 sq. ft.900 16th St #108, Miami Beach, FL 33139
MLS# A12036262Listed by: FINE REALTY GROUP INC - New
$550,000Active2 beds 2 baths960 sq. ft.5225 Collins Ave #1606, Miami Beach, FL 33140
MLS# A12035046Listed by: FORTEX REALTY INC - New
$235,000Active1 beds 1 baths496 sq. ft.1611 Meridian Ave #202, Miami Beach, FL 33139
MLS# A12036523Listed by: FLORIDA.DOC INC - New
$219,900Active1 beds 1 baths426 sq. ft.1035 Meridian Avenue #5, Miami Beach, FL 33139
MLS# B26040562Listed by: KW RESERVE PALM BEACH
$12,400,000Pending4 beds 5 baths3,463 sq. ft.125 Ocean Dr #U-0503, Miami Beach, FL 33139
MLS# A12035553Listed by: THE CORCORAN GROUP- New
$299,000Active1 beds 1 baths650 sq. ft.1515 West Ave #1, Miami Beach, FL 33139
MLS# A12035851Listed by: UNITED REALTY GROUP INC