421 Meridian Ave 19, Miami Beach, FL 33139 — MLS photo

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421 Meridian Ave 19, Miami Beach, FL 33139

Active · Condominium

$895,000

421 Meridian Ave 19, Miami Beach, FL 33139

Beds
1
Baths
2
Living area
861 sq ft
$ / sq ft
$1,039/sq ft
Year built
2011
Lot size
—
HOA fee
$733 Monthly
Annual tax
$11,650

About this property

Experience MODERN BEACHSIDE LIVING in your new three-story loft including your own PRIVATE ROOFTOP in the desirable South of Fifth neighborhood in Miami Beach. This contemporary gem offers a spacious layout and abundant natural light thanks to your 18-foot floor to ceiling windows. On the first level you have your sleek kitchen and living area, on the second your bedroom, and on the third your private rooftop with breathtaking 360-degree City and Ocean views. Perfect for Relaxing or Entertaining. This boutique building offers a truly luxury experience—just a few blocks from the beach and some of the best places to wine, dine, see & be seen! Meridian 5 boasts a semi-private pool, enclosed parking, and a state-of-the-art security system. 30 Day + Rentals permitted. LOW HOA FEES NO ASSESSMENT

Property location

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421 Meridian Ave 19, Miami Beach, FL 33139

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
861 sq ft
Flooring
Other
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Main Living Area Entry Level, Upper Level Primary
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2011
Stories
4
Architectural style
Other
Construction
Other
Exterior features
Other
Pool
Association
View
Bay, Ocean, Skyline

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Covered, Garage, One Space, Garage Door Opener

HOA, Community & Financials

Association fee
$733 Monthly
Fee inclusions
Sewer, Trash, Water
Amenities
Pool
Security
Other
Pets allowed
Conditional, Yes
Annual tax
$11,650
Subdivision
MERIDIAN 5 CONDO
County
Miami-Dade
Days on market
815
MLS listing ID
A12015099
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

-$2,859

Cap rate
1.9%
Net yield
1.9%
Cash-on-cash return
-13.7%
Gross yield
5.4%
Mortgage payment
$4,243/mo
Down payment
$223,750
Loan amount
$671,250
Annual NOI
$16,608

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