759 Meridian, Miami Beach, FL 33139
$1,890,000 · $591 per sq ft · Multifamily for sale
- Property type: Multi Family
- Asking price: $1,890,000
- Price per sq ft: $591
- Building size: 3,200 sq ft
- Lot size: 4,356 sq ft
- Zoning: 4900
- Units: 5
- Stories: 2
- Tenant pays: Gas, Oil
- Buildings: 1
- Parking spaces: 5
- Parcel ID: 0242030700001
- MLS#: A12066561
About this property
Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.
Building Features and Utilities
- Natural Gas Connected
- CBS
Rent Roll
| Unit type | Units | Beds / baths | Size | Rent per unit | Pro forma |
|---|---|---|---|---|---|
| 1 Bedroom | 1 | 1 / — | — | $167/mo | — |
| 1 Bedroom | 2 | 1 / — | — | $188/mo | — |
| 1 Bedroom | 3 | 1 / — | — | $167/mo | — |
| 1 Bedroom | 4 | 1 / — | — | $164/mo | — |
| 1 Bedroom | 5 | 1 / — | — | $171/mo | — |
15 units. Reported rent $30,660 a year ($2,555 a month).
Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.
About the Business at 759 Meridian
- Included: Building, Fixtures, Furniture, Land, Leases
Presented by
BreakThru Realty · (786) 914-1017
Courtesy of
Location3 International, LLC. · christianneoropallo@gmail.com · Listing agent: Uri Redler
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.
Request a tour or more information
Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 759 Meridian or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.
Questions About 759 Meridian
- How much is 759 Meridian?
- 759 Meridian is listed at $1,890,000, about $591 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
- What is 759 Meridian zoned?
- The listing reports zoning of 4900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
- How big is 759 Meridian?
- The listing reports 3,200 square feet of building.
- How do I tour 759 Meridian?
- Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.
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