1550 Meridian Ave $2,390,000

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    1550 Meridian Ave Miami Beach, FL 33139

    • 5,231 sq. ft.
    • 0.17 Acres
    • Commercial
    • MLS# A11024487
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    Views: 0 Days On Site: 15

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    Property Details

    Renovated eight-unit multifamily building lies in the heart of South Beach???s most desirable district. All the units are generously scaled 1-Bedrooms. 5,231 leasable SF on a 7500-square foot lot. The exterior features new impact windows and doors, new awnings, common area upgrades, plaster and paint, new fencing, and landscape. Its proximity to Lincoln Road Mall, Flamingo Park, the Beach, New Convention Center, the renaissance of Alton Road, and the Entertainment District make it an attractive place to live for business owners and young professionals alike. Units feature wood floors, newer kitchens and baths, and many original details.

    • General Features
      • Waterfront Y/N false
      • Year Built 1937
      • Association Y/N false
      • Private Pool Y/N false
      • Senior Community Y/N false
    • Building Features
      • Cooling Y/N true
      • Heating Y/N true
      • Building Area Total 5231

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    Neighborhood

    33139 (Miami Beach) Demographics

    39 Median Age
    14,110 Population Density (per sq. mile)
    57% College Educated
    $47,982 Estimated Median Income
    6,847 Estimated Total Home Owners
    13,738 Estimated Total Renters
    33% / 67% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,027 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $622,000 Median Sales Price
    190 Homes Sold
    294 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,390,000
        4/22/2021 10:22:54 AM Price Reduced Source New Value: $2,390,000 -4.02%
        4/7/2021 5:10:00 PM New in Database Source New Value: $2,490,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.