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726 Meridian Avenue

726 Meridian Avenue, Miami Beach, FL 33139
Commercial in Flamingo - Lummus
1 Units For Sale
Unit for sale at 726 Meridian Ave, Miami Beach, FL 33139

$3,200,000

  • Commercial
726 Meridian Ave, Miami Beach, FL 33139 Listing by Edward Fernandez

726 Meridian Avenue in Miami Beach, FL was first built in 1935 and is 89 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 12 are bedrooms. In terms of bathrooms, there are a total of 11 full bathrooms. There are 11 partial bathrooms. 726 Meridian Avenue has 6,064 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,400. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Nov 9, 2023 for $2,740,000. That's $451.85 per sqft. 726 Meridian Avenue was last assessed in 2023. The total value of the property was assessed at $1,637,001. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $33,376. 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

Exterior

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

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210414
04/14/2021
Loft
-
-
$2,900,000
bedrooms
Loft
bathrooms
-
-
-
-
Edward Fernandez
Douglas Elliman

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Building Quality: A
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 6
  • 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: 6,064
  • Gross Building Area: 6,064
  • Building Area: 6,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,064
  • 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: OCEAN BEACH ADDN NO 3 PB 2-81 LOT 5 BLK 72 LOT SIZE 50.000 X 140 OR 15757-3799 1292 1

Ownership

  • Current Owner : MIAMI MERIDIAN 726 LLC
  • Previous Owner : SOUTH BEACH INVESTMENT PROPERTIES INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004304

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4203-009-4650
  • Block: 72
  • Lot: 5
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7776
  • Longitude: -80.1365

    Address

  • Full Address: 726 Meridian Ave
  • Address - House Number: 726
  • Address - Street Name: Meridian
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 5,458
  • Tax Year: 2023
  • Tax Amount: $33,376
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 2,390,369
  • High Value: 3,437,983
  • Low Value: 1,342,754

    Market Valuation

  • Market Total Value: $2,001,482
  • Market Land Value: $1,610,000
  • Market Improvement Value: $391,482

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,637,001

    Sales

  • Current Sale Contract Date: Nov 09, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Transaction ID: 11917658132
  • Current Sale Price: $2,740,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 853728

About Flamingo - Lummus



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Nearby Rentals

Unit for rent at

$900 /mo

  • Studio
Listing by Michael Duris

Frequently Asked Questions

What neighborhood is 726 Meridian Avenue located in?
The 726 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 726 Meridian Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 726 Meridian Avenue?
The average sales price for units in 726 Meridian Avenue is $3,200,000 currently.

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