1438 Meridian Ave, Miami Beach, FL 33139
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
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
- Subdivision & Development:ESPANOLA VILLAS 1ST ADDN
- Listing ID #:A12023899
- Updated:August 07, 2026 at 09:52 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
$620,000Active2 beds 2 baths1,280 sq. ft.5601 NE Collins Ave #714, Miami Beach, FL 33140
MLS# A12065783Listed by: SUN & SEA REALTY, INC - New
$305,000Active1 beds 1 baths898 sq. ft.401 69th St #304, Miami Beach, FL 33141
MLS# A12066225Listed by: COLDWELL BANKER REALTY - New
$690,000Active2 beds 2 baths1,290 sq. ft.5601 Collins Avenue, Miami Beach, FL 33140
MLS# B26061270Listed by: 4EVER HOMES REALTY LLC - New
$8,475,000Active3 beds 4 baths2,233 sq. ft.8701 Collins Ave #701, Miami Beach, FL 33154
MLS# A12058123Listed by: COLDWELL BANKER REALTY - New
$745,000Active1 beds 2 baths943 sq. ft.6917 Collins Ave, Miami Beach, FL 33141
MLS# A12064759Listed by: THE CORCORAN GROUP - New
$475,000Active1 beds 2 baths950 sq. ft.5 Island Avenue #15A, Miami Beach, FL 33139
MLS# A12066186Listed by: COMPASS FLORIDA, LLC - New
$2,700,000Active3 beds 3 baths2,786 sq. ft.1860 Cleveland Rd, Miami Beach, FL 33141
MLS# A12066739Listed by: COLDWELL BANKER REALTY - New
$1,575,000Active1 beds 2 baths1,000 sq. ft.500 Alton Rd #1204, Miami Beach, FL 33139
MLS# A12064173Listed by: COLDWELL BANKER REALTY - New
$699,000Active1 beds 1 baths425 sq. ft.580 72nd St #1203, Miami Beach, FL 33141
MLS# A12066043Listed by: THE REAL ESTATE LAB, INC. - New
$68,500,000Active7 beds 10 baths8,805 sq. ft.58 La Gorce Cir, Miami Beach, FL 33141
MLS# A12043875Listed by: DOUGLAS ELLIMAN