1508 Meridian Ave Miami Beach, FL 33139 Active

UPDATED: 08/10/2026 04:16 AM ON MARKET: 162 days on market

$1,200,000

7,500 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,500 sqft

Price per Sqft $160

MLS Listing ID A12018961

HOA Fees $1,390/mo

HOA Y/N Yes

Year Built 1935

Annual Tax Amount $13,398

Tax Year 2025

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

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.


The information contained on this site is for general information purposes only.
MIAMI Association of REALTORS assumes no responsibility for errors or omissions in the contents on the Service.
In no event shall MIAMI Association of REALTORS be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service. MIAMI Association of REALTORS reserves the right to make additions, deletions, or modification to the contents on the Service at any time without prior notice.
MIAMI Association of REALTORS does not warrant that the Service is free of viruses or other harmful components.