MERIDIAN 5 CONDO

421 Meridian Ave # 21, Miami Beach FL 33139

2 beds · 2 baths · 1,115 ft²

For Sale · Active Listing

$1,299,000

Est. Payment $6,914/mo

MLS Sheet Video

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.
—

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

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).

9/21/2026Listed 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

421 Meridian Ave # 21, Miami Beach FL 33139Directions

Estimated Monthly Payment

$8,146/mo

Principal & Interest

$6,914

Property Tax

$1,083

Insurance

$150

HOA

$0

20% ($259,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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