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For sale
  • $2,400,000

    1438 Meridian Ave, Miami Beach, FL 33139

    6beds
    6baths
    4,644sqft
    : 
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    Quadruplex
    Built in 1936
    -- sqft lot
    $-- Zestimate®
    $517/sqft
    $-- HOA

    What's special

    Fully renovated unitsGranite and quartz countertopsLoft-style residencesSoaring cathedral-style ceilingsImpact windowsStainless steel appliancesDesigner cabinetry
    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.
    44 days
    |
    441
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jordan Lederman 248-701-5200,

    Fortune International Realty

    Source: MIAMI,MLS#: A12023899MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      Heating
      • Electric
      Cooling
      • Central Air, Electric
      Features
      • Stairs
      • Flooring: Tile, Wood
      • Windows: Complete Impact Glass
      Interior area
      • Total structure area: 4,644
      • Total interior livable area: 4,644 sqft
      Video & virtual tour

      Property

      Features
      • Stories: 2
      • Exterior features: Balcony
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0232340150260
      • Zoning: 2800

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      Materials
      • Concrete Block Construction
      • Roof: Built-Up
      Condition
      • Updated/Remodeled
      • Year built: 1936

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Municipal Water

      Community & HOA

      Community
      • Subdivision: Espanola Villas 1st Addn,Parkedge
      HOA
      • Has HOA: No
      Location
      • Region: Miami Beach

      Financial & listing details

      • Price per square foot: $517/sqft
      • Annual tax amount: $24,505
      • Date on market: 6/4/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/5/2026Listed for sale$2,400,000+6.7%$517/sqft
        Source: MIAMI #A12023899 Report a problem
        2/26/2015Listing removed$2,250,000$484/sqft
        Source: Borda Commercial Real Estate, Inc. #A2060326 Report a problem
        1/22/2015Listed for sale$2,250,000$484/sqft
        Source: Borda Commercial Real Estate, Inc. #A2060326 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Flamingo Lummus

        Getting around

        95 / 100
        Walker's Paradise
        57 / 100
        Good Transit
        80 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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