SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story

1770 MERIDIAN AVE, Miami Beach

$12,990,000 USD
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Address1770 MERIDIAN AVE, Miami Beach
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Business LocationCity Location,Corner Lot
Property StyleIncome Non-Waterfront
Price$12,990,000
Property StatusActive
MLS NumberA11538221
Property Size18750
Lot Size18750
Year Built1954
Folio Number02-32-34-007-0320
Zoning Information4000
Days on Market583

Detailed Description: SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000 + additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1770 MERIDIAN AVE
Business LocationCity Location,Corner Lot
Section34
Zip Code (4 Digits)1856
Financial Information
Price$12,990,000
Price per Foot$0
Folio Number02-32-34-007-0320
Tax Amount$112,747
Tax Year2024
Possession InformationFunding,Negotiable
Full Descriptions
Detailed DescriptionSOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000 + additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.
Year Built DescriptionResale
Roof DescriptionBuilt-Up
Cooling DescriptionWall / Window Unit (s)
Water DescriptionPublic
Sewer DescriptionPublic Sanitation
Parking DescriptionOn Street
Property parameters
Living Area18750
Lot Size18750
Total Acreage0.000
Zoning Information4000
Maximum Leasable Size18750
Year Built1954
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
StyleIncome Non-Waterfront
Construction TypeCBS Construction
Stories Number2
Listed withOne Sotheby’s International Re