1438 Meridian Ave, Miami Beach FL 33139
Quadruplex at ESPANOLA VILLAS 1ST ADDN,PARKEDGE in Miami Beach
$2,400,000
Listing courtesy of Fortune International Realty; Jordan Lederman. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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4644
Quadruplex, Residential Income
Details
Overview
Description
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.
This quadruplex home located at 1438 Meridian Ave, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 2 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is 4644 square feet. It was built in 1936. 1438 Meridian Ave, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.
Interior
- Flooring: Tile, Wood
- Common walls with other units/homes:
Property
- Parking Features:
- Entry location: Stairs
- Exterior Features: Balcony
- View Description:
Construction
- Year Built: 1936
Community & HOA
- Security Features:
- Subdivision: ESPANOLA VILLAS 1ST ADDN,PARKEDGE
- Amenities:
Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Miami Beach Adult & Community Education Center • 0.0 mi • K-12
- Miami Beach Fienberg/Fisher K-8 Center • 0.0 mi • K-12
- Miami Beach Senior High • 0.0 mi • K-12
- Miami Beach South Pointe Elementary • 0.0 mi • K-12
- North Beach Elementary • 0.0 mi • K-12
- Miami Beach Nautilus Middle • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.