Interior
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 465 sq ft
- Flooring
- Hardwood, Tile, Wood
- Appliances
- Dryer, Washer
- Cooling
- Central Air
- Heating
- Other
- Interior features
- Breakfast Area, Living Dining Room, Other, Tub Shower
- Furnished
- Unfurnished
Active · Condominium
$249,000
3915 N Meridian Ave 201, Miami Beach, FL 33140
- Beds
- 0
- Baths
- 1
- Living area
- 465 sq ft
- $ / sq ft
- $535/sq ft
- Year built
- 1940
- Lot size
- —
- HOA fee
- $416 Monthly
- Annual tax
- $3,318
About this property
Wake up to calm canal views and a slower pace of living in this waterfront Miami Beach residence just moments from the ocean. Set within a charming boutique building, the property offers direct water access—ideal for paddleboarding from the community dock—and a lush shared backyard designed for peaceful relaxation. Inside, the intelligently arranged layout features partitioned living and sleeping areas, creating the comfort and functionality of a one-bedroom feel while maintaining an open studio design. Wood and tile flooring, central cooling, and in-unit washer and dryer provide everyday ease. Ideally located near the beach, this residence offers a unique opportunity to enjoy relaxed waterfront living in a prime coastal setting. Tenant in place with notice.
Property location
Get Directions3915 N Meridian Ave 201, Miami Beach, FL 33140
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 1940
- Stories
- 2
- Architectural style
- Cluster Home
- Construction
- CBSConcrete Block Structure, Block
- Exterior features
- Deck, Patio
- Waterfront
- Canal Front
- View
- None
Parking
- Garage spaces
- 0
- Covered spaces
- 0
- Parking features
- On Street
HOA, Community & Financials
- Association fee
- $416 Monthly
- Fee inclusions
- Amenities
- Amenities
- Other
- Security
- Complex Fenced, Fire Sprinkler System
- Pets allowed
- Conditional, Yes
- Annual tax
- $3,318
- Subdivision
- THE WATERCLUB CONDO
- County
- Miami-Dade
- Days on market
- 75
- MLS listing ID
- A11996229
- Listing status
- Active
Virtual tour
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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
-$648
- Cap rate
- 2.6%
- Net yield
- 2.6%
- Cash-on-cash return
- -11.2%
- Gross yield
- 7.3%
- Mortgage payment
- $1,180/mo
- Down payment
- $62,250
- Loan amount
- $186,750
- Annual NOI
- $6,385
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.