$2,400,000
1438 Meridian Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $2,400,000
- Price per sq ft
- $517
- Original price
- Unchanged
- Days on market
- N/A
This multi-family property in ZIP 33139 is listed at $2,400,000, or $517 per square foot.
Estimated monthly payment
$12,613 /mo
Principal and interest only, based on $480,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $2,400,000
- Days on Site
- 0 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 4,644 sqft
- Total Sq Ft
- 4,644 sqft
- Year Built
- 1936
- Property Type
- Multi-Family
- MLS #
- A12023899
- Property Tax
- $24,505 (2025)
- Subdivision
- ESPANOLA VILLAS 1ST ADDN
- Development
- PARKEDGE
- County
- Miami Dade
- Status
- Active
About This Property
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.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1936
- Property Condition
- Resale / Updated Remodeled
- Number of Stories
- 2
- Living Sq Ft
- 4,644
- Total Sq Ft
- 4,644
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 2800
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Electric / Separate Meters
- Flooring
- Tile / Wood
Exterior Features
- Construction
- Block
- Roof
- Built Up
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Balcony
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2320
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
- Homes for Sale
- 2
- Median List Price
- $2,125,000
- Median $/Sq Ft
- $642
- Avg Days on Market
- 31
Frequently Asked Questions
- How do I schedule a tour of 1438 Meridian Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1438 Meridian Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1438 Meridian Avenue, Miami Beach, FL 33139 still available?
- 1438 Meridian Avenue, Miami Beach, FL 33139 is currently listed as Active. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1438 Meridian Avenue, Miami Beach, FL 33139?
- With 20% down ($480,000) on the $2,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1438 Meridian Avenue, Miami Beach, FL 33139 is about $12,613/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1438 Meridian Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1438 Meridian Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1438 Meridian Avenue, Miami Beach, FL 33139?
- 1438 Meridian Avenue, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1438 Meridian Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 1438 Meridian Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Fortune International Realty
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$2,400,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Jordan Lederman, Fortune International Realty
Map & Location
Featured Communities
Cities in Miami-Dade County
Zip Codes in Miami-Dade County
Property Types
Recent Sales
Recently sold homes in ZIP 33139
These are the last 6 recorded closings in ZIP 33139, with the price each home actually sold for rather than what it was listed at. They closed at a median of $875 per square foot. The most recent closed on October 1, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$199,000
Sold · October 1, 2026
717 Espanola Way 205
0 bed · 1 bath · 414 sqft · $481/sqft
$18,700 under the asking price
Sold$415,000
Sold · September 30, 2026
401 Ocean Drive 403
1 bed · 1 bath · 659 sqft · $630/sqft
$20,000 under the asking price
Sold$1,135,000
Sold · September 30, 2026
400 S Pointe Drive 1905
2 bed · 2 bath · 1,042 sqft · $1,089/sqft
$115,000 under the asking price
Sold$1,140,000
Sold · September 29, 2026
11 Island Avenue 411
2 bed · 2.5 bath · 1,733 sqft · $658/sqft
$55,000 under the asking price
Sold$600,000
Sold · September 29, 2026
110 Washington Avenue 2310
1 bed · 1 bath · 686 sqft · $875/sqft
$29,900 under the asking price
Sold$2,800,000
Sold · September 29, 2026
455 W Dilido Drive
3 bed · 3 bath · 1,693 sqft · $1,654/sqft
$199,000 under the asking price
See every recorded sale in ZIP 33139 or find out what your ZIP 33139 home is worth.
