$4,900,000
Active
$4,900,000
1301 Flamingo
Miami Beach, FL 33139
5 bd3 ba2,743 sqft
Alton Beach Bay Front Re-
$4,300,00048 days on marketActive
934 Meridian Avenue, Miami Beach, FL 33139
Miami Beach, FL 33139
0
Sq Ft
1959
Year Built
0.16 acres
Lot Size
Listing Snapshot
| List Price | $4,300,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.16 acres |
| Year Built | 1959 |
| MLS # | 1177606390 |
| Status | Active |
| Days on Market | 48 |
About This Home
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Zoning
- 3900
Interior Features
Exterior Features
Community Features
- MLS Area
- 2420
Map
Virtual Tour
View Virtual TourListed by Marilina Apfelbaum · Beachfront Realty Inc
MLS# 1177606390 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1177606390 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $3,440,000
%
Est. Monthly$23,467
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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