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1508 Meridian Ave, Miami Beach FL 33139

Miami Beach, FL 33139

$1,200,000

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Price
$1,200,000
Building size
7,500
Property type
Income/MultiFamily
Year built
1935
Lot size (sq ft)
7,500
MLS number
A12018961

This listing is courtesy of Sermoneta Real Estate Group Corp, 954-663-2055.

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About this property

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.

Details

Property type
Income/MultiFamily
Year built
1935
Lot size (sq ft)
7,500

Location

Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.

Newmar Brokerage, LLC

1508 Meridian Ave, Miami Beach FL 33139 | Newmar Brokerage, LLC