See Home Value
$2,837,482*
Multifamily - Off Market

935 Meridian Ave

Miami Beach, FL 33139
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Multifamily
Stu
-
4,240 ft²
$590/ft²
$2,500,000 Jan 17, 2023
-
$2,647/mo
Quadruplex
Stu
-
450 ft²
$6,653/ft²
$2,994,000 Mar 3, 2023
-
$271/mo
Multifamily
Stu
-
2,522 ft²
$991/ft²
$2,500,000 Jan 7, 2019
-
-
House
Stu
-
-
$2,700,000 Nov 16, 2022
-
$1,617/mo
Commercial
Stu
-
-
$2,200,000 Jul 3, 2017
-
-
House
6 Beds
4.5 Baths
3,937 ft²
$813/ft²
$3,200,000 Dec 1, 2022
-
$1,864/mo
Condo
5 Beds
4 Baths
2,578 ft²
$1,125/ft²
$2,900,000 Jan 27, 2023
-
$3,941/mo
Commercial
Loft
-
-
$2,995,000 Apr 27, 2022
-
$2,652/mo
Land
Loft
-
-
$2,700,000 Jan 18, 2023
-
$1,617/mo
Condo
3 Beds
3.5 Baths
2,216 ft²
$1,352/ft²
$2,995,000 Oct 7, 2022
-
$5,573/mo
Land
Loft
-
-
$2,600,000 Nov 15, 2022
-
$1,931/mo
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
20210401
04/01/2021
Studio
-
4726 ft²
$3,300,000
bedrooms
Studio
bathrooms
-
square feet
4726 ft²
-
-
-
Scott Klein PA
Compass Florida, LLC.

Building Info

935 Meridian Avenue 935 Meridian Avenue, Miami Beach, FL 33139
  • 1 Unit for Sale
More about this Building
935 Meridian Avenue
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About Flamingo - Lummus


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