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$4,300,000

For Sale

A day ago

934 Meridian Ave, Miami Beach, FL

House

MLS® A12056657

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 1
Lot Size 0.16 Acres
Approx. Age 1959
MLS® Number A12056657

Property Address: 934 Meridian Ave, Miami Beach, FL, 33139-8472

Average square foot calculated using Size range provided by listing agent.

Description

Rare South Beach multifamily investment opportunity at 934 Meridian Avenue. This two-story, 16-unit property features 14 studios and two one-bedroom/one-bath residences, totaling 8, 807 SF on a 7, 000 SF lot. Offered at $4, 300, 000, the property generates a seller-provided annualized T-10 NOI of $221, 799, representing a 5.16% current cap rate. A new roof and new water heater address two major capital items, allowing a future owner to focus on unit-level cosmetic improvements and potential rent growth. Zoned RM-1 and ideally located on a beautiful tree-lined street near Flamingo Park, Washington Avenue, Lincoln Road, Española Way, Ocean Drive and the beach. Offering Memorandum and financial information available upon request.
MLS® NumberA12056657
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1959
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 20, 2026List Date
$4,300,000List Price
  • Commute

Commute

Starting Address
Destination Address
934 Meridian Ave, Miami Beach, FL

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