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1508 Meridian Ave, Miami Beach, FL 33139

$1,200,000 Beds Baths

Miami Beach, FL 33139

Status
Active
Type
Income/MultiFamily
Year Built
1935
Days on Market
70
Lot Size
7,500 sqft
MLS #
A12018961

About This Home

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.

Building & Association

Stories
2
Stories Total
2
Association
No
Association Fee
$1,390
Association Fee Frequency
Monthly

Lot & Construction

Lot Size Square Feet
7,500
Waterfront
No
View
No
New Construction
No

Public Records

Parcel Number
02-32-34-228-0100
Tax Annual Amount
$13,398
Tax Year
2,025
Zoning
0000
County Or Parish
Miami-Dade County

Location

Courtesy of Sermoneta Real Estate Group Corp

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