1438 Meridian Avenue, Miami Beach, FL 33139

$2,400,000 · Active

  • 0 baths
  • 4,644 sq ft
  • Quadruplex
  • Built 1936
  • MLS# A12023899
  • Espanola Villas 1st Addn
Photo 1 at 1438 Meridian Avenue, Miami BeachPhoto 2 at 1438 Meridian Avenue, Miami BeachPhoto 3 at 1438 Meridian Avenue, Miami BeachPhoto 4 at 1438 Meridian Avenue, Miami BeachPhoto 5 at 1438 Meridian Avenue, Miami BeachPhoto 6 at 1438 Meridian Avenue, Miami BeachPhoto 7 at 1438 Meridian Avenue, Miami BeachPhoto 8 at 1438 Meridian Avenue, Miami Beach

About this home

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.

Features

Schools

  • Elementary: Miami Beach Fienberg / Fisher K-8
  • High: Miami Beach

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fortune International Realty · Listing agent: Jordan Lederman

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 1438 Meridian Avenue.

Questions About 1438 Meridian Avenue

How much is 1438 Meridian Avenue?
1438 Meridian Avenue is listed at $2,400,000, which is about $517 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the property taxes on 1438 Meridian Avenue?
The listing reports annual property taxes of $24,505 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 1438 Meridian Avenue built?
1438 Meridian Avenue was built in 1936 and the listing describes its condition as resale updated/remodeled. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 1438 Meridian Avenue been on the market?
1438 Meridian Avenue has been listed for 112 days. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 1438 Meridian Avenue?
The MLS lists Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 1438 Meridian Avenue?
Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The home at 912 Euclid Avenue, Miami Beach, FL 33139 is comparable and listed for sale at $2,200,000. Another comparable home, 8135 Crespi Boulevard, Miami Beach, FL 33141, sold for $1,565,000 in September 2026. Other Miami Beach neighborhoods include Palm Island and Belle Isle. Nearby ZIP codes include 33109 and 33140. This property also neighbors Miami, Brickell, and Key Biscayne. Compare it with the Miami Beach housing market report.