Turnkey studio located in the heart of South Beach, just steps from the ocean, iconic Ocean Drive, and world-class dining and nightlife. This unit offers strong short (6 -months) - or long-term rental potential in one of Miami’s most sought-after neighborhoods. A highly walkable location, and consistent demand make this an ideal addition to any investment portfolio. Covered garage and currently rented.
Sold for $158,000
$158,000
851 Meridian Ave APT 42, Miami Beach, FL 33139
0beds
400sqft
Condominium
Built in 1965
-- sqft lot
$188,200 Zestimate®
$395/sqft
$1,857 Estimated rent
Home value
$188,200
$167,000 - $209,000
$1,857/mo
Zestimate® history
Owner options
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$1,857/mo
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$1,857/mo
Rent Zestimate®
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$1,706/mo
Est. payment
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$1,706/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Zaida Gaitan 305-340-9850,
Affinity International Realty
Bought with:
Alberto Sermoneta, 3401603
Sermoneta Real Estate Group Corp
Source: MIAMI,MLS#: A11781645
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Window/Wall
Cooling
- Ceiling Fan(s)
Appliances
- Included: Electric Range, Refrigerator
Features
- Flooring: Tile
Interior area
- Total interior livable area: 400 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space
- Garage spaces: 1
Features
- Exterior features: None, Other
- Has view: Yes
- View description: None
Details
- Parcel number: 0242030400130
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1965
Community & neighborhood
Security
- Security features: Smoke Detector, Elevator Secure, Intercom In Lobby, Stairs Secured
Location
- Region: Miami Beach
- Subdivision: Ocean Beach Add No 3
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $570 monthly
- Amenities included: Laundry, Elevator(s)
Other fees
- Application fee: $150
- Pet fee: $0
Other
Other facts
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/19/2025 | Sold | $158,000-7.1%$395/sqft |
Source:  MIAMI #A11781645 Report a problem | ||
| 5/5/2025 | Pending sale | $170,000$425/sqft |
Source: MIAMI #A11781645 Report a problem | ||
| 4/10/2025 | Listed for sale | $170,000-20.9%$425/sqft |
Source: MIAMI #A11781645 Report a problem | ||
| 6/29/2024 | Listing removed | $215,000-4.4%$538/sqft |
Source: MIAMI #A11459908 Report a problem | ||
| 4/1/2024 | Listing removed | -- |
Source: MIAMI #A11459908 Report a problem | ||
| 2/5/2024 | Price change | $225,000-4.3%$563/sqft |
Source: MIAMI #A11459908 Report a problem | ||
| 1/25/2024 | Price change | $235,000-2.1%$588/sqft |
Source: MIAMI #A11459908 Report a problem | ||
| 9/28/2023 | Listed for sale | $240,000+50%$600/sqft |
Source: MIAMI #A11459908 Report a problem | ||
| 7/13/2022 | Listing removed | -- |
Source: Zillow Rental Network_1 Report a problem | ||
| 6/24/2022 | Listed for rent | $2,000+33.3%$5/sqft |
Source: Zillow Rental Network_1 #A11227734 Report a problem | ||
| 6/14/2017 | Listing removed | $1,500$4/sqft |
Source: Interealty Exchange Inc Report a problem | ||
| 5/15/2017 | Listed for rent | $1,500$4/sqft |
Source: Interealty Exchange Inc Report a problem | ||
| 9/2/2015 | Listing removed | $160,000$400/sqft |
Source: Elite Coastal Properties Report a problem | ||
| 9/2/2015 | Listed for sale | $160,000$400/sqft |
Source: Elite Coastal Properties Report a problem | ||
| 8/30/2015 | Pending sale | $160,000+10.3%$400/sqft |
Source: Elite Coastal Properties Report a problem | ||
| 8/28/2015 | Sold | $145,000-9.4%$363/sqft |
Source: Public Record Report a problem | ||
| 6/22/2015 | Listed for sale | $160,000$400/sqft |
Source: Elite Coastal Properties Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,089 +5.9% | $159,439 +10% |
| 2024 | $2,917 +10.9% | $144,945 +10% |
| 2023 | $2,631 +12.6% | $131,769 +10% |
| 2022 | $2,337 +11.1% | $119,790 +10% |
| 2021 | $2,103 -10.2% | $108,900 -10% |
| 2020 | $2,343 -0.1% | $121,000 +0% |
| 2019 | $2,345 -1.8% | $120,990 -4.7% |
| 2018 | $2,388 | $127,008 |
| 2017 | $2,388 -1.3% | $127,008 |
| 2016 | $2,419 +0.9% | $127,008 +5% |
| 2015 | $2,396 +1953.9% | $120,960 +213.2% |
| 2014 | $117 +9.3% | $38,621 +1.5% |
| 2013 | $107 | $38,051 +1.7% |
| 2012 | $107 +9.9% | $37,415 +3% |
| 2011 | $97 +0.4% | $36,326 +1.5% |
| 2010 | $97 +13.1% | $35,790 +2.7% |
| 2009 | $86 +14.2% | $34,850 +3.1% |
| 2007 | $75 +19.8% | $33,802 |
| 2006 | $63 | -- |
| 2005 | $63 +13.6% | -- |
| 2004 | $55 +28.6% | -- |
| 2003 | $43 +39.5% | -- |
| 2002 | $31 | -- |
| 2001 | $31 | -- |
Find assessor info on the county website
Neighborhood: Flamingo Lummus
Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.5 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 1.4 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 2.5 mi
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Estimated market value
$188,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$188,200
- Florida
- Miami-Dade County
- Miami Beach
- 33139
- Flamingo Lummus
- 851 Meridian Ave Apartment 42
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