1770 Meridian Ave Miami Beach, FL $ 12,990,000
1770 Meridian Ave
$ 12,990,000
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1770 Meridian Ave

Miami Beach, FL, 33139
$ 12,990,000
Baths0.0 Sq 23,234

Monthly Estimate*

$ 90,739

1770 Meridian Ave, Miami Beach, FL 33139 - Image 1
1770 Meridian Ave, Miami Beach, FL 33139 - Image 2
1770 Meridian Ave, Miami Beach, FL 33139 - Image 3
1770 Meridian Ave, Miami Beach, FL 33139 - Image 4
1770 Meridian Ave, Miami Beach, FL 33139 - Image 5
1770 Meridian Ave, Miami Beach, FL 33139 - Image 6
1770 Meridian Ave, Miami Beach, FL 33139 - Image 7
1770 Meridian Ave, Miami Beach, FL 33139 - Image 8
1770 Meridian Ave, Miami Beach, FL 33139 - Image 9
1770 Meridian Ave, Miami Beach, FL 33139 - Image 10
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Studio

Commercial Property for sale in Miami Beach, FL

for $12,990,000. This 23,234 square foot building was built in 1954 on a lot size of 0.430441.

SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

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Commercial Active

Price

$ 12,990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 107,711

Style

MultiFamily

Lot Size

0.430441

Year Built

1954

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11538221

Features
General
Sewer PublicSewer
Cooling WallWindowUnits
Possession ClosingFunding Negotiable
Roof BuiltUp
Security Features SmokeDetectors
Construction Materials Block
Year Built 1954
Tenant Pays Electricity Gas
Stories 2
Levels Two
Property SubType MultiFamily
Tax Year 2023
Percent Ownership Corporation
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami Beach
Buyer Agent Compensation 2%
View Y/N N
Senior Community Y/N N
Zoning Description 4000
Total Units 31
MLS Area 32
Lot Size Square Feet 18750.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Meridian Ave
Property Attached Y/N N
Year Built Details Resale
Land Lease Y/N N
Tax Annual Amount 107711.0
Home Warranty Y/N N
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11538221
Days on Market 8
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Description CallAgent
Property Sub Type Additional MultiFamily
Legal Description 34 53 42 GOLF COURSE SUB AMD PL PB 6-26 LOT 10 & N12.5FT LOT 9 & N1/2 OF LOT 8 & S37.5FT LOT 9 BLK 21 LOT SIZE 125.000 X 150 OR 17926-4846-8
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Interior
Flooring Laminate
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features OnStreet
Water Source Public
Lot Size Area 18750.0
Number of Buildings 1
Spa N
Building Area Total 23234.0
Lot Dimensions 125
Lot Size Units SquareFeet
Covered Spaces 0.0
Number of Separate Electric Meters 32
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1770
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* Excluded Features
List By
One Sotheby's International Re

Broker

info@susangalegroup.com

Email

Affordability Calculator

$99,715
Per Month
91%
9%
0%
Monthly Principal & Interest
$90,739
Monthly Property Taxes
$8,976
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/23/2024$12,990,000 Listed Price

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1770 Meridian Ave, Miami Beach, FL, 33139 is a Commercial Property for sale at $12,990,000 with 23,234 sqft and a lot size of 0.430441. 1770 Meridian Ave is a studio with 0.0 baths and was built in 1954. The property's zip code is 33139 which is in Miami Beach, FL