MERIDIAN 5 CONDO
421 Meridian Ave # 21, Miami Beach FL 33139
2 beds · 2 baths · 1,115 ft²
$1,299,000
Est. Payment $6,914/mo
2
Bedrooms
2
Bathrooms
1,115
Sq. Ft.
2011
Year Built
1
Garage
4
Stories
1
Days on Market
Description
Rare South of Fifth Penthouse Loft | Exceptional Investment & Second-Home Opportunity Discover sophisticated Miami Beach living in this expansive three-story penthouse loft, the largest and most private residence at Meridian 5, ideally located in the coveted South of Fifth neighborhood. Just three blocks from the beach and moments from some of Miami Beach’s finest dining, shopping, and entertainment, this exceptional residence offers the perfect blend of privacy, space, and location. Fully furnished and filled with natural light, the residence features dramatic 20-foot ceilings, motorized shades, and a modern kitchen with stainless steel appliances. The thoughtfully designed three-level layout includes a private lower-level bedroom and full bath, a spacious Primary Suite with its own private terrace, and an exclusive rooftop deck offering breathtaking views of the Miami skyline. Residents enjoy access to a sun-drenched pool, along with deeded covered parking—an exceptional convenience in South of Fifth. With the flexibility to serve as a luxurious primary residence, second home, or investment property, the unit offers rental potential of up to 12 times per year, providing an attractive opportunity in one of Miami Beach’s most sought-after neighborhoods. A rare combination of size, privacy, outdoor space, and location, this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.
Facts
- MLS#
- A12092729
- Subdivision
- MERIDIAN 5 CONDO
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2011
- Lot Size
- 0 sqft
- Sq. Ft.
- 1,115 ft²
- Sq. Mt.
- 104 m²
- Price per sq. ft.
- $1,165/ft²
- Price per sq. mt.
- $12,490/m²
- Stories
- 4
- Garage
- 1 spaces
- Pool
- —
- Days on Market
- 1 day
- Listed
- Sep 21, 2026
- Last Updated
- Sep 22, 2026
- Price/Lot Sq.Ft.
- —
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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
October 2026
69
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).
| 9/21/2026 | Listed for sale | $1,299,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$8,146/mo
Principal & Interest
$6,914
Property Tax
$1,083
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.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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