1508 Meridian Ave, Miami Beach, FL 33139
- $1,200,000
- List Price
- $1,200,000
- MLS#
- A12018961
- Status
- ACTIVE
- Type
- Commercial
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.
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Additional Information
- Days on Market
- 120
- Tax Amount
- $13,398
- Parcel Number
- 02-32-34-228-0100
- Association Fee
- $1390
- Lot Size
- 7,500
- Address
- 1508 Meridian Ave, Miami Beach
- Year Built
- 1935
- Section
- 34
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Listing Courtesy of Sermoneta Real Estate Group Corp, Contact: