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934 Meridian Ave, Miami Beach, FL 33139
Offering:
For Sale
Location:
Miami Beach, FL 33139
Status:
Active
$4,300,000
Deemed reliable but not guaranteed.
Details
Year built:
1959
Lot size:
7,000 sq ft
Days on market:
62
Type:
Multi-family
MLS ID
A12056657
Virtual tour:
Listed by:
Beachfront Realty Inc (ROBR01)
Listing office phone:
305-405-0615
Listing office email:
Listing agent:
Marilina Apfelbaum (0662372)
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.
Price history
$4,300,000 → $4,300,000
· 1 price changes
Location
934 Meridian AveMiami Beach, FL 33139
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MLS information
Last updated Sep 10, 2026
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