1508 Meridian Ave, Miami Beach FL 33139
$1,200,000
Est. Payment $6,387/mo
1935
Year Built
2
Stories
0
Days on Market
Description
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.
Facts
- MLS#
- A12018961
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1935
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- —
- Listed
- May 14, 2026
- Last Updated
- May 14, 2026
- Price/Lot Sq.Ft.
- $160/ft²
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
45
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/14/2026 | Listed for sale | $1,200,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Doral International Academy of Math and ScienceKG,1,2,3,4,5,6,7,8 · charter · 0.6 mi
- Andrea Castilla Prep K-8
PK,KG,1,2,3,4,5 · public · 1.0 mi
- Ronald W. Reagan/Doral Senior High School
8,9,10,11,12 · public · 1.0 mi
- Divine Savior Lutheran Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 1.1 mi
- Dr. Rolando Espinosa K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.4 mi
- John I. Smith K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.5 mi
- Dr. Toni Bilbao Preparatory Academy
PK,KG,1,2,3,4,5,6,7,8 · public · 1.6 mi
- Eugenia B. Thomas K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 1.7 mi
- J.C. BERMUDEZ DORAL SENIOR HIGH-7641
9,10,11,12 · public · 1.8 mi
- Petersen Montessori Academy
PK,KG · private · 2.1 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$7,537/mo
Principal & Interest
$6,387
Property Tax
$1,000
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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