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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12023899
$2,400,000

1438 Meridian Avenue, Miami Beach, FL 33139

Beds
—
Baths
0
Sqft
4,644
Est. payment$15,695/mo
Home type
Quadruplex
Year built
1936
Lot size
—
Price / sqft
$517
HOA
—
Community
ESPANOLA VILLAS 1ST ADDN

Property description

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, Española 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.

Listing activity

Days on market
141
Listed
Jun 4, 2026
MLS listing updated
Jun 5, 2026
Feed last checked
13 minutes ago

Listed by Jordan Lederman · Fortune International Realty

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms
0
Bathrooms (decimal)
0

Rooms & features

Flooring
Tile, Wood

Heating & cooling

Heating
Separate Meters, Electric
Cooling
Central Air, Electric
Property

Exterior

Stories
2
Building area
4,644 sqft
Exterior features
Balcony
Pool
No
Waterfront property
No

Lot

Zoning
2800
Construction

Type & style

Home type
Quadruplex
Structure type
Multi Family
Year built
1936
New construction
No

Materials

Construction
Block
Roof
Built-Up
Property condition
Updated/Remodeled, Resale
Utilities & green energy

Utilities

Sewer
Public Sewer
Water
Public
Utilities
Cable Available
Community & HOA

Community

Subdivision
ESPANOLA VILLAS 1ST ADDN
MLS area
2320

Association

Has association
No
Association fee
$0 monthly
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33139
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12023899
Possession
Negotiable
Original list price
$2,400,000
Parcel number
0232340150260
Annual property tax
$24,505
Tax year
2025
Tax legal description
ESPANOLA VILLAS 1ST ADDN PB 9-147 LOT 1 LESS N3FT FOR ST BLK 7 B LOT SIZE 50.000 X 78 OR 13958-1044 0189 1 COC 23431-2532 05 2005 1
Additional MLS details

Reported by the listing source

Association Fee Frequency
Monthly
Association
No
Bathrooms Total Decimal
0
Bathrooms Total Integer
0
Building Area Total
4644
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
141
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
List Price
2400000
Listing Contract Date
2026-06-04
Living Area
4644
MLSArea Major
2320
Mls Status
Active
On Market Date
2026-06-04
Photos Count
21
Postal Code
33139
Property Sub Type
Quadruplex
Property Type
Residential Income
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-04T04:00:00Z
Stories Total
2
Subdivision Name
ESPANOLA VILLAS 1ST ADDN
Water Source
Public
Tax Annual Amount
24505
Pool Private
No
Waterfront
No

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 4, 2026ListedMIAMI REALTORS® MLS$2,400,000$517/sqft

Public tax history

YearProperty taxesAssessment
2025$24,505—

Payment calculator

Estimated monthly payment$15,695/moIllustrative estimate, not a loan offer.
Principal & interest
$12,453
Property taxes
$2,042
Insurance
$1,200
Association dues
—

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

ESPANOLA VILLAS 1ST ADDN

Miami Beach · Miami-Dade County · 33139

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Miami Beach Fienberg / Fisher K-8Elementary
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Fortune International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.