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Active Income/MultiFamily
$1,200,000
1508 Meridian Ave, Miami Beach FL 33139, Miami Beach, FL 33139
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1935
Year Built

About This Property

This offering represents the acquisition of four contiguous condominium units
within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex
located in the heart of South Beach.

The condominium is composed of three adjacent buildings:
• 1506 Meridian Avenue – 4 units
• 1508 Meridian Avenue – 4 units
• 1510 Meridian Avenue – 4 units

The subject offering includes 100% of the units within the central building at 1508
Meridian Avenue (Units 3, 4, 9 & 10).

Folio:02-3234-228-0100
Folio:02-3234-228-0090
Folio:02-3234-228-0040
Folio:02-3234-228-0030

Total Annual Gross Income: $91,200
Annual Operating Expenses (HOA + Property Taxes) $30,114.32

• The 40-Year Certification process is currently in its final phase of completion.
• All special assessments will be paid in full by the Seller at closing.

Property Details

Property Type Income/MultiFamily
Days on Market 23 days
HOA Fee $1,390/mo
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Miami Beach Fienberg/Fisher K-8 Center
Elementary 305-531-0419
PK-8
1420 Washington Ave., Miami Beach, FL 33139
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Dayron Crespo
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