Property Description

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.

Address Map
State:
FL
County:
Miami-Dade
City:
Miami Beach
Zipcode:
33139
Street:
1508 Meridian Ave, Miami Beach, Florida 33139
Longitude:
W81° 51' 47.5''
Latitude:
N25° 47' 15.9''
MLS Addon
Association Fee:
$1,390
Association Fee Frequency:
Monthly
Building Area:
7,500 Sqft
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
02-32-34-228-0100
Structure Type:
Apartment
Tax Annual Amount:
$13,398
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Commercial Sale For Sale

1508 Meridian Ave, Miami Beach, Florida 33139, Miami Beach, Florida 33139

7,500 Sqft
$1,200,000
MLS # #A12018961
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,200,000
Year Built :
1935
Lot Area :
7,500 Sqft
MLS # :
A12018961
Property Sub Type :
Multi Family
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