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.
Current real estate data for Multi Family in Miami Beach as of Nov 10, 2026
44
Multi Family Listed
213
Avg DOM
781
Avg $ / SqFt
$3,176,159
Avg List Price
Listing Provided Courtesy of Fortune International Realty at 305-400-6393
Property Details
Price:
$2,400,000
MLS #:
A12023899
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
ESPANOLA VILLAS 1ST ADDN
Neighborhood:
2320
Listed Date:
Jun 3, 2026
Finished Sq Ft:
4,644
Total Sq Ft:
4,644
Year Built:
1936
Units:
4
Schools
Elementary School:
Miami Beach Fienberg / Fisher K-8
High School:
Miami Beach
Interior
Cooling
Central Air, Electric
Flooring
Tile, Wood
Heating
Separate Meters, Electric
Exterior
Construction Materials
Block
Exterior Features
Balcony
Roof
Built-Up
Financial
HOA Fee Frequency
Monthly
Tax Year
2025
Taxes
$24,505
Map
Contact Us
Mortgage Calculator
Community
- Address1438 Meridian Avenue Miami Beach FL
- SubdivisionESPANOLA VILLAS 1ST ADDN
- CityMiami Beach
- CountyMiami-Dade
- Zip Code33139
Property Summary
- Located in the ESPANOLA VILLAS 1ST ADDN subdivision, 1438 Meridian Avenue Miami Beach FL is a Multi Family for sale in Miami Beach, FL, 33139. It is listed for $2,400,000 To schedule a showing of MLS#a12023899 at 1438 Meridian Avenue in Miami Beach, FL, contact your Trust House Realty agent at 9543362003.
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