1438 Meridian Ave, Miami Beach FL 33139

Fully renovated South Beach multifamily investment in the Española Villas 1st Addn / Parkedge neighborhood. This residential income property—listed as a Quadruplex but currently configured as six 1-bed/1-bath units—offers 4,644 total square feet and was originally built in 1936. Located directly across from Flamingo Park, 1438 Meridian Ave, Miami Beach FL 33139 enjoys a prime location four blocks from the beach and steps from Lincoln Road and Española Way.
The Art Deco building was gut renovated with all-new plumbing, electrical, HVAC, roof, and impact windows. Units feature Brazilian cherrywood and wood flooring, granite and quartz countertops, stainless steel appliances, designer cabinetry, in-unit washer/dryers, and two loft-style residences with soaring cathedral-style ceilings. Property highlights include central air and electric cooling, electric heating, exterior balconies, interior stairs, and a completed 40/50-year structural certification. Currently 100% occupied with annual leases and promising rental upside since in-place rents remain below market.
This investment sits in Miami-Dade County and carries a monthly association fee. Contact for complete financials, rent roll, and a private showing.