1770 Meridian Ave, Miami Beach, FL 33139
31 Unit Apartment Building | $12,990,000 ($419,032/Unit) | Miami Beach, FL 33139
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $12,990,000
- Property Type
-
Multifamily
- Square Feet
- 23,234 SF
Listing Contacts
Susan Gale
Verified Profile
- Property Info
Property Overview
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. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing As-Is with the opportunity to renovate or redevelop for short term or long term rentals.
Property Details
- Class
- C
- Year Built
- 1954
- Stories
- 2
- Property Subtype
- Dormitory
- Lot Size (sq. ft)
- 18,731 SF
- Units
- 31
Highlights
- · Gated, 31-unit apartment building with a laundry room
- · 22 studios, 4 one-bed units, and 5 two-bed units
- · Income-producing property with high occupancy
- · Across from Pride Park, the Convention Center, and City Hall
- · Steps from the Miami Beach Botanical Gardens and the Holocaust Memorial
- · Two blocks from Lincoln Road's fashionable shops, restaurants, and entertainment
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