No photos available
Offered at
$4,300,000
934 Meridian Avenue, Miami Beach, FL 33139
- 0
- Beds
- 0
- Full Baths
- 8,807
- Sq.Ft.
Listing courtesy of Marilina R Apfelbaum, Beachfront Realty Inc
Property Description
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.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 934 Meridian Avenue, Miami Beach, FL 33139
- Zoning
- 3900
- MLS ID
- A12056657
- Listing Date
- 2026-07-09
- Last Updated
- 7/20/2026, 11:04:33 PM
- Days on Market
- 17
Features & Amenities
The Details
Details
- Building Area
- 8,807 sq.ft.
- Lot Size
- 7,000 sq.ft.
- Lot Size (Acres)
- 0.16 acres
- Year Built
- 1959
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $4,300,000
- Original List Price
- $4,300,000
Location
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Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.