$2,400,000

Multi Unit Miami Beach United States

  • 6 Beds
  • 6 Baths
  • 4,644 Sqft
  • Updated: June 18
  • 1
    Views for last 30 days
  • 1
  • MLS#A12023899

About the Property

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 r
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, Espanola 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.
  • Property type

    Other

  • Floors

    2

  • Year built

    1936

  • Price/sqft

    $516

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1438 Meridian Ave, Miami Beach, Florida, United States View on Google Maps
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Jordan Lederman
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Fortune Christie's International Real Estate - 1300 Brickell
Fortune Christie's International Real Estate - 1300 Brickell
1300 Brickell Ave, 33131, Miami, Florida, United States
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Fortune International Realty, a division of Fortune International Group, is recognized industry wide for consist

Fortune International Realty, a division of Fortune International Group, is recognized industry wide for consistently delivering a sophisticated and comprehensive collection of sales, leasing, new development marketing, property management and financing services. The company was founded in 1983 by Edgardo Defortuna, one of Miami’s most revered real estate visionaries. One of Fortune’s most acclaimed services to its clients, the property management services, is the result of the keen understanding that properties and investments need attentive care and maintenance to safeguard their value. Fortune local experts have a deep understanding of South Florida’s dynamic market and are able to provide the best professional service to both buyers and sellers. 


Our Brickell local experts have a deep understanding of South Florida’s dynamic market and are able to provide the best professional service to both buyers and sellers in the area. 


Fortune’s headquarters office in Brickell, known as Fortune International Group, is strategically located off Brickell Avenue. Brickell, known as Miami’s financial district, is considered one of the most desirable neighborhoods in the country. This neighborhood commands attention as it is a hub for international finance, dining, arts, entertainment and more. It is the epitome of modern luxury with world class architecture, diverse transportations, and high class commercial and residential offerings. 

Last updated
June 18
First listed
Jun 5
Agent licence
#BK3245821 (FL)
Listing reference
SEFMIAMIA12023899
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