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Map
$2,837,482*
●
Multifamily -
Off Market
935 Meridian Ave
Miami Beach, FL 33139
Studio
0 Bath
4726 Sqft
$2,430,000 - $2,970,000
Reference Base Price*
5.09%
Since May 1, 2023
FL-Miami
Primary Model
About This Property
$2M SELLER FINANCING 3% INTEREST ONLY FOR 5 YEARS! RARE opportunity
to own an Old World Mediterranean Masterpiece. They don't build
them like this anymore! Mid-Century European meets Art Deco in this
completely gated & restored 4 units, 2 buildings, a large (7000
SFT) lot, the most beautiful tree lined street! Renovations include
new AC, modern kitchens & baths, hardwood floors and impact
windows. EVERYTHING is done, you won't need to spend a dime for a
long time. 40 year done in 2020. All tenants on annual leases
generating a 6%+ CAP RATE. New rents in the area justify a 6%
increase which pushes that over 7%. 6 blocks from Lincoln, Ocean &
S. of Fifth. 4 secured parking spots. Laundry in every unit! BUYER
MUST SIGN PERSONAL GUARANTY FOR FINANCING..
The manager has listed the unit size as 4726 square feet.
The manager has listed the unit size as 4726 square feet.
Unit Size
4,726Ft²
Days on Market
-
Land Size
-
Price per sqft
$571
Property Type
Multifamily
Property Taxes
$1,790
HOA Dues
-
Year Built
1930
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Apr 12, 2023 | No longer available | - | |
No longer available | |||
Apr 10, 2023 | Sold | $2,700,000 | |
Sold | |||
Apr 6, 2023 | In contract | - | |
In contract | |||
Apr 6, 2023 | Price Decreased |
$2,700,000
↓ $200K
(6.9%)
|
|
Price Decreased | |||
Dec 7, 2022 | Price Decreased |
$2,900,000
↓ $99K
(3.3%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Active
Multifamily
Stu
-
4,240 ft²
$590/ft²
$2,500,000
Jan 17, 2023
-
$2,647/mo
Active
House
6
Beds
4.5
Baths
3,937 ft²
$813/ft²
$3,200,000
Dec 1, 2022
-
$1,864/mo
Active
Condo
5
Beds
4
Baths
2,578 ft²
$1,125/ft²
$2,900,000
Jan 27, 2023
-
$3,941/mo
Active
Condo
3
Beds
3.5
Baths
2,216 ft²
$1,352/ft²
$2,995,000
Oct 7, 2022
-
$5,573/mo
Active
Condo
3
Beds
3.5
Baths
2,178 ft²
$1,377/ft²
$2,999,000
Mar 1, 2023
-
$4,029/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/01/2021
|
|
Studio
|
-
|
4726 ft²
|
$3,300,000
Studio
-
4726 ft²
|
-
-
|
-
|
Scott Klein PA
Compass Florida, LLC.
|
Building Info
935 Meridian Avenue
935 Meridian Avenue, Miami Beach, FL 33139
- 1 Unit for Sale
About Flamingo - Lummus
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