1508 Meridian Ave, Miami Beach — photo 1 of 121508 Meridian Ave, Miami Beach — photo 2 of 121508 Meridian Ave, Miami Beach — photo 3 of 12

1508 Meridian Ave, Miami Beach, FL 33139

$1,200,000

This offering represents the acquisition of four contiguous condominium units within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex located in the heart of South Beach. The condominium is composed of three adjacent buildings: • 1506 Meridian Avenue – 4 units • 1508 Meridian Avenue – 4 units • 1510 Meridian Avenue – 4 units The subject offering includes 100% of the units within the central building at 1508 Meridian Avenue (Units 3, 4, 9 & 10). Folio:02-3234-228-0100 Folio:02-3234-228-0090 Folio:02-3234-228-0040 Folio:02-3234-228-0030 Total Annual Gross Income: $91,200 Annual Operating Expenses (HOA + Property Taxes) $30,114.32 • The 40-Year Certification process is currently in its final phase of completion. • All special assessments will be paid in full by the Seller at closing.

Property details

Property type
Quadruplex
Status
Active
Year built
1935
HOA
$1,390 Monthly
Days on market
158
MLS #
A12018363

Listing courtesy of Sermoneta Real Estate Group Corp.

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