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Sold for $187,500
    • $187,500

    842 Meridian Ave APT 2G, Miami Beach, FL 33139

    0beds
    390sqft
    Condominium
    Built in 1925
    -- sqft lot
    $186,100 Zestimate®
    $481/sqft
    $1,862 Estimated rent

    Home value

    $186,100

    $167,000 - $207,000

    $1,862/mo

    Zestimate® history
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    What's special

    Capitalize on this prime investment opportunity with a spacious studio ideally situated in the heart of South Beach, mere steps from the beach. Its coveted location provides unparalleled access to South Beach’s vibrant nightlife, dining, and entertainment, ensuring high rental demand and strong return potential. **Fully Renovated** Updated with modern finishes, ready for immediate rental. **Move-In Ready** Immediately available for occupancy or renting. **High Rental Yield** Situated in a high-demand area, guaranteeing consistent rental rates. **Strong Rental Demand** Located in a high-demand area, securing consistent rental income and lower vacancy rates. **Proven Rental Income** Established track record of high, stable rental income.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel Tamir 786-200-3008,

    Empire R.E. Consulting, LLC

    Bought with:

    Bernard Paran, 3282490

    Paran International Group

    Source: MIAMI,MLS#: A11642605MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Other
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Water Purifier, Refrigerator
    Features
    • Interior Hall
    Interior area
    • Total structure area: 390
    • Total interior livable area: 390 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Entry location: Second Floor Entry
    • Exterior features: Other
    • Has view: Yes
    • View description: Other
    Details
    • Parcel number: 0242032450200

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 1925

    Community & HOA

    Community
    • Security: Smoke Detector, Complex Fenced, Phone Entry
    • Application fee: $150
    • Pet fee: $200
    • Subdivision: The Patricia Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Laundry
    • HOA fee: $339 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $481/sqft
    • Tax assessed value: $146,921
    • Annual tax amount: $2,354
    • Date on market: 8/16/2024
    • Listing terms: All Cash,Conventional,FHA

    Price history

    DateEventPrice
    4/13/2026Listing removed$1,700$4/sqft
    Source: MIAMI #A11997900 Report a problem
    4/9/2026Listed for rent$1,700$4/sqft
    Source: MIAMI #A11997900 Report a problem
    8/7/2025Listing removed$1,700$4/sqft
    Source: MIAMI #A11793452 Report a problem
    7/16/2025Price change$1,700-2.9%$4/sqft
    Source: MIAMI #A11793452 Report a problem
    7/6/2025Price change$1,750-2.8%$4/sqft
    Source: MIAMI #A11793452 Report a problem
    5/26/2025Price change$1,800-5.3%$5/sqft
    Source: MIAMI #A11793452 Report a problem
    5/15/2025Price change$1,900+5.6%$5/sqft
    Source: MIAMI #A11793452 Report a problem
    4/30/2025Listed for rent$1,800$5/sqft
    Source: MIAMI #A11793452 Report a problem
    11/23/2024Listing removed$1,800$5/sqft
    Source: MIAMI #A11697153 Report a problem
    11/20/2024Listed for rent$1,800+56.5%$5/sqft
    Source: MIAMI #A11697153 Report a problem
    11/6/2024Sold$187,500-0.8%$481/sqft
    Source: MIAMI #A11642605 Report a problem
    10/30/2024Pending sale$189,000$485/sqft
    Source: MIAMI #A11642605 Report a problem
    8/16/2024Listed for sale$189,000-5%$485/sqft
    Source: MIAMI #A11642605 Report a problem
    8/1/2024Listing removed--
    Source: MIAMI #A11567579 Report a problem
    5/10/2024Price change$199,000-7.4%$510/sqft
    Source: MIAMI #A11567579 Report a problem
    4/11/2024Listed for sale$215,000+43.3%$551/sqft
    Source: MIAMI #A11567579 Report a problem
    2/12/2020Listing removed$150,000$385/sqft
    Source: Associates Realty #A10776517 Report a problem
    12/3/2019Listing removed$1,150$3/sqft
    Source: Associates Realty #A10776518 Report a problem
    11/21/2019Listed for rent$1,150+4.5%$3/sqft
    Source: Associates Realty #A10776518 Report a problem
    10/30/2018Listed for sale$150,000$385/sqft
    Source: Associates Realty #A10496394 Report a problem
    10/29/2018Listing removed$1,100$3/sqft
    Source: Associates Realty #A10526057 Report a problem
    8/24/2018Listed for rent$1,100$3/sqft
    Source: Associates Realty #A10526057 Report a problem
    8/23/2018Listing removed$150,000$385/sqft
    Source: Associates Realty #A10496394 Report a problem
    8/14/2018Listed for sale$150,000$385/sqft
    Source: Associates Realty #A10496394 Report a problem
    6/26/2018Listing removed$150,000+154.2%$385/sqft
    Source: International Prestige Assoc, #A10308699 Report a problem
    8/1/2001Sold$59,000$151/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,756 +6.6%$146,921 +9.6%
    2024$2,585 +5.4%$134,068 +10%
    2023$2,452 +17.8%$121,880 +10%
    2022$2,082 +1.2%$110,800 +4%
    2021$2,057 -10%$106,538 -6.4%
    2020$2,286 +14%$113,850 +10%
    2019$2,006 -7.5%$103,500 -10.2%
    2018$2,168 $115,309 +2.7%
    2017$2,168 +0%$112,325 +10%
    2016$2,168 -1.5%$102,114 +10%
    2015$2,201 +10.6%$92,831 +10%
    2014$1,990 +26.7%$84,392 +10%
    2013$1,570 $76,720
    2012$1,570 -1.1%$76,720
    2011$1,588 -15.6%$76,720 -10%
    2010$1,881 +7.3%$85,240
    2009$1,753 -38.8%$85,240 -40%
    2007$2,866 +45.4%$142,070
    2006$1,971 --
    2005$1,971 +9.9%--
    2004$1,794 +38.2%--
    2003$1,298 --
    2002-- --
    Find assessor info on the county website

    Neighborhood: Flamingo Lummus

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    Estimated market value
    $186,100
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    Estimated market value
    $186,100

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