1117 Meridian Ave 5-1117, Miami Beach, FL 33139 — MLS photo

Get More Info About This Property

1117 Meridian Ave 5-1117, Miami Beach, FL 33139

Active · Condominium

$268,000

1117 Meridian Ave 5-1117, Miami Beach, FL 33139

Beds
1
Baths
1
Living area
600 sq ft
$ / sq ft
$447/sq ft
Year built
1956
Lot size
—
HOA fee
$662 Monthly
Annual tax
$3,654

About this property

600 sqft 1 bedroom 1 bathroom ground-floor oasis located in a gated community on beautifully tree-lined Meridian Avenue, directly across from Flamingo Park. Perfectly positioned in the heart of South Beach, just minutes from the Ocean, top-rated restaurants, coffee shops, grocery stores, and all the best local hotspots. This updated unit offers a comfortable and functional layout featuring tile floors throughout, an open kitchen with island, and a spacious walk-in closet. Enjoy the convenience of two A/C units and a versatile space ideal for a home office. Offered turnkey or partially furnished, with select furniture pieces available for sale — making it an excellent option for both end-users and investors. A rare opportunity to enjoy Miami Beach living in a serene, park-side setting! No Special Assessments planned for 2026.

Property location

Get Directions

1117 Meridian Ave 5-1117, Miami Beach, FL 33139

Loading property location…

Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
600 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Cooling
Wall Window Units
Heating
None
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Shower Only, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
1956
Stories
2
Architectural style
Garden Apartment
Construction
Other
Exterior features
Balcony, Fence, Security High Impact Doors, Porch
View
Garden

Parking

Garage spaces
0
Covered spaces
0
Parking features
On Street

HOA, Community & Financials

Association fee
$662 Monthly
Fee inclusions
Laundry, Maintenance Grounds, Pest Control, Water
Amenities
Laundry
Security
Complex Fenced
Pets allowed
Conditional, Yes
Annual tax
$3,654
Subdivision
PARK SQUARE CONDO
County
Miami-Dade
Days on market
213
MLS listing ID
A11988307
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$758

Cap rate
2.3%
Net yield
2.3%
Cash-on-cash return
-12.1%
Gross yield
8.1%
Mortgage payment
$1,270/mo
Down payment
$67,000
Loan amount
$201,000
Annual NOI
$6,150

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.