1508 Meridian Avenue, Miami Beach, FL 33139

$1,200,000
Property Type: Residential Income Square Footage: 1,776 Status: Active
Current Price: $1,200,000 List Date: 8/10/2026 Last Modified: 8/10/2026

Overview

Description

This offering represents the acquisition of four contiguous condominium unitswithin The Castle Meridian Condominium, a boutique 12-unit Art Deco complexlocated 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 unitsThe subject offering includes 100% of the units within the central building at 1508Meridian Avenue (Units 3, 4, 9 & 10).Folio:02-3234-228-0100Folio:02-3234-228-0090Folio:02-3234-228-0040Folio:02-3234-228-0030Total Annual Gross Income: $91,200Annual 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.

Listing Details MLS# A12018363

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
1776
Living Area Main
1776
Year Built
1935
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: Deposit - Last Months Rent; Deposit - Security Flooring: Ceramic Tile Structure Type: Multi Family Construction Materials: Other Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional Lot Features: Other Possession: Negotiable Roof: Other Sewer: Public Sewer Utilities: Cable Not Available Showing Requirements: Appointment Only Unit 1 Parking Features: On Street Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: On Street Unit 3 Parking Features: On Street Unit 4 Parking Features: On Street

Contract Information

Comp Sale YN
No
Original List Price
1200000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1508
Street Name
Meridian
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33139
Postal Code +4
3455
Postal Zip
33139
Subdivision Name
THE CASTLE MERIDIAN CONDO
Area
2320
Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Special Assessment YN
Yes
Parcel Number
0232342280100
Subdivision Number
228
Zoning
0000
Flood Zone
AE

Financial Information

Association YN
Yes
Association Fee
1390
Association Fee Frequency
Monthly
Estimated Monthly Assoc Recurring Fee
1390
Tax Annual Amount
13398
Tax Year
2025
Tax Legal Description
THE CASTLE MERIDIAN CONDO UNIT 10 UNDIV 6.6887% INT IN COMMON ELEMENTS OFF REC 28677-1856

Status Change Information

Major Change Timestamp
2026-08-10T05:15:39Z
Major Change Type
Back on Market
Status Change Date
2026-08-10

More Information

Income and Expenses

Gross Income
91200

Unit 1 Details

Actual Rent
1900
Baths Full
Yes
Efficiency YN
No
SqFt
441

Unit 1 Lease Description

Currently Leased YN
Yes

Unit 2 Details

Actual Rent
1900
Baths Full
Yes
Efficiency YN
No
SqFt
447

Unit 2 Lease Description

Currently Leased YN
Yes

Unit 3 Details

Actual Rent
1900
Baths Full
Yes
Efficiency YN
No
SqFt
441

Unit 3 Lease Description

Currently Leased YN
Yes

Unit 4 Details

Actual Rent
1900
Baths Full
Yes
Efficiency YN
No
SqFt
447

Unit 4 Lease Description

Currently Leased YN
Yes

Price Calculations

Current Price To SqFt
675.67

Section Details

Parcel Number MLX
0100

Originating Details

Originating System Key
474974807
Originating System ID
M00000151
IDX
Listing Office: Sermoneta Real Estate Group Corp
Source MLS Verified
Last Updated: August - 10 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Scroll to Top