1438 Meridian Ave Miami Beach FL 33139 MLS #A12023899
1438 Meridian Ave
Miami Beach, FL, 33139
$2,400,000
Beds
0 Baths
4,644 SqFt
0 Acres
$2,400,000
1438 Meridian Ave
Miami Beach, FL, 33139
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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.

Property Details

Price:
$2,400,000
MLS #:
A12023899
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ESPANOLA VILLAS 1ST ADDN,PARKEDGE
Neighborhood:
espanolavillas1staddn
Listed Date:
Jun 4, 2026
Finished Sq Ft:
4,644
Total Sq Ft:
4,644
Year Built:
1936
Units:
6
Espanola Villas 1st AddnEspanolavillas1staddnEspanola Villas 1st Addn,parkedge

Schools

Interior

Cooling
Central Air, Electric
Flooring
Tile, Wood
Heating
Electric
Interior Features
Stairs

Exterior

Construction Materials
Concrete Block Construction
Exterior Features
Balcony
Lot Features
Less Than 1/4 Acre Lot
Roof
Built-Up
Stories
2
Window Features
Complete Impact Glass

Financial

HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$24,505
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Current real estate data for Multi Family in Miami Beach as of Aug 05, 2026
46
Multi Family Listed
175
Avg DOM
764
Avg $ / SqFt
$2,923,022
Avg List Price

Community

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Property Summary

    Located in the ESPANOLA VILLAS 1ST ADDN,PARKEDGE subdivision, 1438 Meridian Ave Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $2,400,000
1438 Meridian Ave
Miami Beach, FL