Ad #7829683
MLS #A12023899
PARKEDGE - Fully Renovated 6 UNIT South Beach Multifamily
1438 Meridian Ave, Miami Beach, FL 33139
$2,400,000
6Beds
--Baths
4,644Sqft
--Acres
About this property
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, Espanola 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.
Property Features
6 Beds
0 Baths
4,644 Sqft
Built in 1936
0.000 Acres
2 Stories
Siding: Block
Built-Up Roof
Electric (Heating)
$24,505 / yr property tax
Miami-Dade County
ESPANOLA VILLAS 1ST ADDN Community
Additional Photos
Contact Information
Jordan Lederman
Fortune International Realty
248-701-5200
Location
Listing Agent: Jordan Lederman (License #: 3245821) 248-701-5200
Broker: Fortune International Realty 305-517-7553 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fortune International Realty 305-517-7553 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BeachHouse.com
Printed Aug 12, 2026
Photo Gallery
$2,400,000
6
Beds
--
Baths
4,644
Sqft
1438 Meridian Ave, Miami Beach, FL 33139
By contacting this agent you agree to these Terms and Conditions.
MLS# A12023899
PARKEDGE - Fully Renovated 6 UNIT South Beach Multifamily
$2,400,000
1438 Meridian Ave, Miami Beach, FL 33139
6
Beds
--
Baths
4,644
Sqft
--
Acres
$2,400,000
1438 Meridian Ave, Miami Beach, FL 33139
6 Beds
-- Baths
4,644 Sqft
-- Acres
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, Espanola 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.
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Property Details
HOME DETAILS
6 Beds
0 Baths
4,644 Sqft
Built in 1936
0.000 Acres
2 Stories
EXTERIOR
Siding: Block
Built-Up Roof
INTERIOR
Electric (Heating)
FINANCIAL & COMMUNITY
$24,505 / yr property tax
Miami-Dade County
ESPANOLA VILLAS 1ST ADDN Community
See More Details
Location
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Ad Statistics
Ad Number
7829683
Viewed
58 times
Listing Status
Active
Added
Jun 04, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Miami REALTORS®
Source Property ID
A12023899
Listing Agent: Jordan Lederman (License #: 3245821) 248-701-5200
Broker: Fortune International Realty 305-517-7553 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Fortune International Realty 305-517-7553 Listing Site
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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