BreakThru Realty

934 Meridian Avenue, Miami Beach, FL 33139

$4,300,000 · $488 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $4,300,000
  • Price per sq ft: $488
  • Building size: 8,807 sq ft
  • Lot size: 6,970 sq ft
  • Zoning: 3900
  • Year built: 1959
  • Parcel ID: 0242030094370
  • MLS#: A12056657
Photo 1 at 934 Meridian Avenue, Miami BeachPhoto 2 at 934 Meridian Avenue, Miami BeachPhoto 3 at 934 Meridian Avenue, Miami BeachPhoto 4 at 934 Meridian Avenue, Miami BeachPhoto 5 at 934 Meridian Avenue, Miami BeachPhoto 6 at 934 Meridian Avenue, Miami Beach

About this property

Rare South Beach multifamily investment opportunity at 934 Meridian Avenue. This two-story, 16-unit property features 14 studios and two one-bedroom/one-bath residences, totaling 8,807 SF on a 7,000 SF lot. Offered at $4,300,000, the property generates a seller-provided annualized T-10 NOI of $221,799, representing a 5.16% current cap rate. A new roof and new water heater address two major capital items, allowing a future owner to focus on unit-level cosmetic improvements and potential rent growth. Zoned RM-1 and ideally located on a beautiful tree-lined street near Flamingo Park, Washington Avenue, Lincoln Road, Española Way, Ocean Drive and the beach. Offering Memorandum and financial information available upon request.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Beachfront Realty Inc · beachfrontnews@beachfrontonline.com · Listing agent: Marilina R Apfelbaum

BeachesMLS logo 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 934 Meridian Avenue or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 934 Meridian Avenue

How much is 934 Meridian Avenue?
934 Meridian Avenue is listed at $4,300,000, about $488 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 934 Meridian Avenue zoned?
The listing reports zoning of 3900. 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 934 Meridian Avenue?
The listing reports 8,807 square feet of building.
When was 934 Meridian Avenue built?
934 Meridian Avenue was built in 1959. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 934 Meridian Avenue?
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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