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....
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Home facts
- Year built:1936
- Subdivision & Development:ESPANOLA VILLAS 1ST ADDN
- Listing ID #:A12023899
- Updated:November 13, 2026 at 10:56 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.
- Lot Features:Flood Zone
- 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
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