1438 Meridian Ave, Miami Beach, FL 33139

• 4,644 sqft

Property Description

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.

Listing Status:

Active

Date Added:

June 4, 2026

Data Last Updated:

June 20, 2026 at 1:08AM

Listing Office:

Fortune International Realty : 305-400-6393

Listing Agent:

Jordan Lederman : 248-701-5200

MLS ID:

A12023899

Interior

• General: Stairs
• Flooring: TileWood
• A/C: Central AirElectric
• Heating: Electric

Exterior

• General: Balcony
• Parking: Parking spaces: 0

Construction

• Roofing: Built-Up
• Windows: Complete Impact Glass
• General: Concrete Block Construction2

Location

• HOA Amenities: 0.0Monthly
• Originating MLS: Miami Association of REALTORS®
• County: Miami-Dade County

Lot

• Zoning: 2800ESPANOLA VILLAS 1ST ADDN PB 9-147 LOT 1 LESS N3FT FOR ST BLK 7 B LOT SIZE 50.000 X 78 OR 13958-1044 0189 1 COC 23431-2532 05 2005 102-32-34-015-0260

Utilities

• Water: Municipal Water
• Sewer: Public Sewer

Financial

• Source: Miami Association of REALTORS®