759 Meridian, Miami Beach, FL 33139
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759 Meridian, Miami Beach, FL 33139
759 Meridian, Miami Beach, FL 33139
759 Meridian, Miami Beach, FL 33139
759 Meridian, Miami Beach, FL 33139
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Robert Bledsoe Jr

Robert Bledsoe Jr

+1(561) 889-9805
$ 1,890,000
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759 Meridian Miami Beach, FL 33139

3,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,200 sqft

Price per Sqft $590

MLS Listing ID A12066561

Construction Status Resale

HOA Y/N No

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type Multi Family

Property Description

Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.

Location

State FL

County Miami-dade

Area 2420

Zoning 4900

Interior

Interior Features InteriorFeatures

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplace No

Exterior

Parking Features Guest

Utilities Available Natural Gas Connected

Water Access Desc Public

Roof Type Tile

Total Parking Spaces 5

Building

Lot Description Corner Lot

Building Description Block, Storage

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

New Construction No

Construction Status Resale

Others

Tax ID 0242030700001

Security Features Fire Alarm,Other,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12066561

BeachesMLS, Inc. (FLR) IDX
Listed by Uri Redler Location3 International, LLC.

Nearby Locations

Robert Bledsoe Jr

Robert Bledsoe Jr

Broker Associate | License ID: BK3387416

+1(561) 889-9805

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759 Meridian