Check Availability

538 Meridian Avenue

538 Meridian Avenue, Miami Beach, FL 33139
Commercial in Flamingo - Lummus
1 Units For Sale
Unit for sale at 538 Meridian Ave, Miami Beach, FL 33139

$12,500,000

  • Commercial
538 Meridian Ave, Miami Beach, FL 33139 Listing by Glimoaldo Evangelista

Local assessors in Miami Beach, FL have categorized 538 Meridian Avenue as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 24 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 16 full bathrooms. There are also 16 partial bathrooms. This is a 5 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 538 Meridian Avenue has a total of 18,301 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. The building has a roof that is made of composition shingle. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The property was last sold in Oct 15, 2014 for $1,400,000. That's $76.50 per sqft. 538 Meridian Avenue was last assessed in 2023. The total value of the property was assessed at $4,210,000. Specifically, the land the property is located on was valued at $2,800,000. While improvements on the property were assessed at a total of $1,410,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $79,555. The initial tax year of delinquency was in 2020. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

Building Features

Condition

New Construction

Parking

Covered Parking
Garage Parking
Guest Parking
Accessible Parking

Exterior

Block Exterior
This property description is generated based on publicly available data.

4 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230218
02/18/2023
Loft
-
-
$12,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Armando Senra
Pulse Int'l Realty FL Inc
20220626
06/26/2022
Loft
-
-
$12,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Armando Senra
Pulse Int'l Realty FL Inc
20210625
06/25/2021
Loft
-
-
$14,000,000
bedrooms
Loft
bathrooms
-
-
-
-
Armando Senra
Pulse Int'l Realty FL Inc
20201113
11/13/2020
Loft
-
-
$14,000,000
bedrooms
Loft
bathrooms
-
-
-
-
Armando Senra
Pulse Int'l Realty FL Inc

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 24
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 5
  • Living Units: 12
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 18,301
  • Gross Building Area: 18,301
  • Building Area: 18,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 18,301
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN BEACH ADDN NO 3
  • Land Acres: 0.161
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 3 BLK 74 LOT SIZE 50.000 X 140 OR 22680-3236 0904 4

Ownership

  • Current Owner : SOLID INVESTMENT & DEVELOPMENT LLC
  • Previous Owner : 538 MERIDIAN LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004405

Zoning

  • Zoning: 6503

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4203-009-4930
  • Block: 74
  • Lot: 3
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7754
  • Longitude: -80.1364

    Address

  • Full Address: 538 Meridian Ave
  • Address - House Number: 538
  • Address - Street Name: Meridian
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C009
  • 4-Digit Zip Code: 6428
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 17,194
  • Tax Year: 2023
  • Tax Amount: $79,555
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 200

    Market Valuation

  • Market Total Value: $4,210,000
  • Market Land Value: $2,800,000
  • Market Improvement Value: $1,410,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,210,000
  • Assessed Land Value: $2,800,000
  • Assessed Improvements Value: $1,410,000

    Sales

  • Current Sale Contract Date: Oct 15, 2014
  • Current Sale Recording Date: Oct 20, 2014
  • Current Sale Transaction ID: 1059084632
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2014R0726859

About Flamingo - Lummus



Similar Buildings

Commercial at 538 Meridian Avenue,

528 Meridian Avenue

  • 1 Unit for Sale
528 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

533 Meridian Avenue

  • 2 Units for Sale
533 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

525 Meridian Avenue

  • 1 Unit for Sale
525 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

741 6th Street

  • 1 Unit for Sale
741 6th Street, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

626 Meridian Avenue

  • 1 Unit for Sale
626 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

636 Meridian Avenue

  • 1 Unit for Sale
636 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

720 6th Street

  • 1 Unit for Sale
720 6th Street, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

659 Meridian Avenue

  • 1 Unit for Sale
659 Meridian Avenue, Miami Beach, FL 33139
Commercial at 538 Meridian Avenue,

644 Meridian Avenue

  • 1 Unit for Sale
644 Meridian Avenue, Miami Beach, FL 33139

Nearby Rentals

Unit for rent at 635 8th St, Miami Beach, FL, 33139

$1,500 /mo

  • Studio
  • 1 Bath
  • 400 ft²
635 8th St #206, Miami Beach, FL, 33139 Listing by Thomas Darchy
Unit for rent at 1611 Pennsylvania Ave, Miami Beach, FL, 33139

$1,400 /mo

  • Studio
  • 1 Bath
  • 11,232 ft²
1611 Pennsylvania Ave #5, Miami Beach, FL, 33139 Listing by Monika Schuster

Frequently Asked Questions

What neighborhood is 538 Meridian Avenue located in?
The 538 Meridian Avenue is a commercial located in the neighborhood of Flamingo - Lummus in Flamingo - Lummus, Miami Beach.
How many listings are currently for sale in 538 Meridian Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 538 Meridian Avenue?
The average sales price for units in 538 Meridian Avenue is $12,500,000 currently.

Quantcast