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1438 Meridian Ave Miami Beach, FL $ 2,400,000
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$ 2,400,000 Get more info
1438 Meridian Ave
$ 2,400,000
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1438 Meridian Ave

Miami Beach, FL, 33139
$ 2,400,000
Bedrooms2 Baths2.0 Sq 4,644

Monthly Estimate*

$ 14,777

1438 Meridian Ave, Miami Beach, FL 33139 - Image 1
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Multi-Family Home for sale in Miami Beach, FL

for $2,400,000 with 2 bedrooms and 2 full baths. This 4,644 square foot home was built in 1936.

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.

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Multi-Family Active

Price

$ 2,400,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 24,505

Style

Year Built

1936

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A12023899
Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Closing & Funding
Roof Built-Up
HOA Fee 0
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1936
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Assoc Fee Paid Per Monthly
County Miami-Dade
Property Type Residential Income
Subdivision Name ESPANOLA VILLAS 1ST ADDN
Rent Includes Sewer Trash Collection Water
Full Baths 2
Status Active
City Miami Beach
Zoning Description 2800
Number Of Units Total 1
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 24505
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12023899
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description ESPANOLA VILLAS 1ST ADDN PB 9-147 LOT 1 LESS N3FT FOR ST BLK 7 B LOT SIZE 50.000 X 78 OR 13958-1044 0189 1 COC 23431-2532 05 2005 1
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Interior
Flooring Hardwood Tile Wood
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Balcony
Lot Features < 1/4 Acre
Water Source Public
Total Parking 0
Spa false
Building Area Total 4644
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Fortune International Realty

Broker

jordan@ledermanrealestate.com

Email

Affordability Calculator

$16,819
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,777
Monthly Property Taxes
$2,042
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
6/5/2026 $2,400,000 Listed Price

Map

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1438 Meridian Ave, Miami Beach, FL, 33139 is a Multi-Family Home for sale at $2,400,000 with 4,644 sqft. 1438 Meridian Ave has 2 bedrooms, 2.0 baths, and was built in 1936. The property's zip code is 33139 which is in Miami Beach, FL

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