1. Florida
  2. Miami Beach
  3. 538 Meridian Ave
$12,500,000

538 Meridian Ave, Miami Beach, FL 33139

  • 18,301 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $683/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

12 Units, 2 BD, 16 BA, 24 Beds, 18,301 SQFT. Located in the heart of South Beach, walk to Collins Ave. Shopping District & Ocean Drive. Blocks away from Lincoln Road Mall, and Miami Beach Convention Center. The property is situated 5 miles northeast of Downtown Miami and 10 miles east of Miami Int'l Airport. Property is leased to a hospitality group and its a boutique hotel. This is a smoke-free building with a parking garage. The units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave and washer and dryers. Units are fully furnished with modern furnishings throughout and beautifully decorated. Licensed for short term rentals. Cap Rate 5% (based on seller's master lease income with tenant, not hospitality's income).

Listing Status:
Active
Date Added:
March 25, 2025 at 05:00AM
Listing Office:
Pulse Int'l Realty FL Inc : 855-785-7301
Listing Agent:
Armando Senra : 786-564-5599
MLS ID:
A11816587
  • Flooring: CarpetCeramic Floor
  • Disability Feature: Accessible Parking

This listing courtesy of Armando Senra, Pulse Int'l Realty FL Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South Pointe Elementary School

1050 4th St, Miami Beach, FL, 33139

Grades PK-5

0.23 miles away

N

Nautilus Middle School

4301 N Michigan Ave, Miami Beach, FL, 33140

Grades 6-8

2.72 miles away

M

Miami Beach Senior High School

2231 Prairie Ave, Miami Beach, FL, 33139

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.