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$1,200,000
Est. payment /mo
7,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,500 sqft
Price per Sqft $160
MLS Listing ID A12018961
HOA Fees $1,390/mo
HOA Y/N Yes
Year Built 1935
Annual Tax Amount $13,398
Tax Year 2025
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
This offering represents the acquisition of four contiguous condominium units
within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex
located in the heart of South Beach.
The condominium is composed of three adjacent buildings:
• 1506 Meridian Avenue – 4 units
• 1508 Meridian Avenue – 4 units
• 1510 Meridian Avenue – 4 units
The subject offering includes 100% of the units within the central building at 1508
Meridian Avenue (Units 3, 4, 9 & 10).
Folio:02-3234-228-0100
Folio:02-3234-228-0090
Folio:02-3234-228-0040
Folio:02-3234-228-0030
Total Annual Gross Income: $91,200
Annual Operating Expenses (HOA + Property Taxes) $30,114.32
• The 40-Year Certification process is currently in its final phase of completion.
• All special assessments will be paid in full by the Seller at closing.
within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex
located in the heart of South Beach.
The condominium is composed of three adjacent buildings:
• 1506 Meridian Avenue – 4 units
• 1508 Meridian Avenue – 4 units
• 1510 Meridian Avenue – 4 units
The subject offering includes 100% of the units within the central building at 1508
Meridian Avenue (Units 3, 4, 9 & 10).
Folio:02-3234-228-0100
Folio:02-3234-228-0090
Folio:02-3234-228-0040
Folio:02-3234-228-0030
Total Annual Gross Income: $91,200
Annual Operating Expenses (HOA + Property Taxes) $30,114.32
• The 40-Year Certification process is currently in its final phase of completion.
• All special assessments will be paid in full by the Seller at closing.
Location
State FL
County Miami-dade
Area 32
Exterior
Private Pool Yes
Building
Story 2
Level or Stories Two
Others
Tax ID 02-32-34-228-0100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12018961
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Listed by Sermoneta Real Estate Group Corp
NEARBY SCHOOL & BUSINESS
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