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33338239
33338250

1438 Meridian Ave, Miami Beach, FL 33139

JL
FL BK3245821, FL FL BK3245821
Fortune International Realty
Listed by Fortune International Realty
$2,400,000
2 days on market
Updated 1 day ago

ESPANOLA VILLAS 1ST ADDN

Details
APN 02-32-34-015-0260
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex (+1)
Square Footage 4,644
Units 6
Year Built 1936
Stories 2
Zoning 2800

Multifamily | 6 Units

Marketing 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.
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Listing Contacts

JL
FL BK3245821, FL FL BK3245821
Fortune International Realty
Listed by Fortune International Realty

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Additional Information

Name
Jordan Lederman, Esq.
License
BK3245821
Brokerage
Fortune Christie's International Real Estate
Brokerage Phone
2487015200
Title
Real Estate Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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