735-745 Meridian Avenue
For Sale: Two Multifamily Properties in the heart of South Beach
Marketing description
735 & 745 Meridian Avenue is an irreplaceable, historic, private, gated compound with secure private parking on the most beautiful street in South Beach. The property is a turnkey multifamily property with rental upside on tree-lined Meridian Avenue. Investors can capitalize on South Beach’s high barriers to entry, the property’s location, and the ability to capture premium rents through interior upgrades. The double lots span 14,000 SF. With RM-1 zoning, this allows for a FAR of 1.25 or up to 17,500 of building area, significantly higher than the combined in-place building areas of 8,252 SF.
Investment highlights
Walker’s Paradise (Walk Score 96): Enjoy the ultimate “walkability,” placing world-class amenities and attractions within effortless reach—no car needed for daily life.
Steps to the Sand: Just moments away from the pristine beaches of Miami Beach, allowing for spontaneous ocean access, sunbathing, and waterside strolls.
Convenience Redefined: A short stroll to essential, high-quality retail, including Whole Foods, Publix, and Target, making daily errands exceptionally easy
Culture and Recreation Hub: Immediate proximity to lush green spaces like Flamingo Park (featuring a premier tennis center) and Lummus Park, along with the iconic shopping, dining, and entertainment on Ocean Drive and Lincoln Road.
Exceptional Connectivity: Provides quick and convenient access to major thoroughfares, including I-395, for easy connection to Downtown Miami and Miami International Airport.
Iconic South Beach Living: Located in the desirable Flamingo- Lummus neighborhood, this address perfectly blends historic Art Deco charm with a contemporary, active, and healthy coastal lifestyle.
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