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851 Merdian Avenue #42

South Beach, Miami Beach, FL 33139
Sale Price $215,000
Property Type Condo
Beds 0
Baths 1

Property Description

Amazing Studio in the heart of South Beach! This unit is an ideal investment property that can rent quickly two times per year. The unit is currently rented for $1800 a month. This unit comes with one assigned parking spot, this is a luxury with older buildings in South Beach! Quiet, friendly & secure building with an intercom & only twenty-three units. Located in the Historical Art Deco District. This property is close to the beach, bay, Flamingo Park, Lincoln Road & a Whole foods! Low HOA fee of $279 monthly! The owner has recently replaced the stove and kitchen cabinet doors. The building has recently had all the balcony railing replaced and the exterior painted. Tenant in place until 8/14/24 paying $1800 monthly. Updated Photos as of 1/26/24

Agent Information

Property Specifics

Property Type: Condo
Monthly Common Charges: $279
Estimated Sq. Foot:
Lot Size:
Price per Sq. Foot:
Building Units: N/A
Building Stories: N/A
Pet Policy: N/A
Source Status: Active
Also Listed By: Miami MLS: A11459908

Building Amenities

Close To The Beach Tennis None Laundry In Building Private Outdoor Space Block Elevator(S) Assigned Parking Space Great Investment Property Located In Art Deco District In The Heart Of South Beach

Unit Amenities

Wall/Window Parking Assigned Parking Carport Fireplace None Card/Code Access Smoke Detector Pool None Parking Carport

Views & Exposures


Location & Transportation

Other Property Information


General Information
  • Year Built: 1965
  • Architectural Style: Other
  • Elementary School: Feinberg-Fisher K8
  • Middle or Junior School: Nautilus
  • High School: Miami Beach
  • Total Parking Spaces: 1
  • Parking Features: Parking Assigned, Parking Carport
  • Carport: Yes
  • Association Fee: $279.00

Interior and Exterior Features

Interior Features
  • Living Area: 400 sq. ft.
  • Full Bathrooms: 1
  • Fireplace: Fireplace None
Exterior Features
  • Exterior Features: Tennis None, Close to the Beach, In the heart of South Beach
  • View: City
  • Security Features: Card/Code Access, Smoke Detector
  • Pool Features: Pool None
  • Spa: None
  • Building Name: Meridian Manor
  • Building Features: Close to the Beach, Assigned parking space, Located in Art Deco District, In the heart of South Beach, Great Investment Property
  • Stories: 5
  • Total Stories: 4

Property Information

Lot Information
  • Lot Size:
  • Lot Dimensions: 0
  • Cooling: Wall/Window
  • Heating: None

Estimated Monthly Payments

Monthly Total $1,310
Monthly Charges $279
Monthly Taxes N/A
Interest 6.00%
Down Payment 20.00%

Mortgage Calculator

Monthly Mortgage Cost $1,031 Monthly Charges $279 Total Monthly Payment $1,310
Calculation based on:
Price: $215,000
Charges: $279 * Additional charges may apply

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Building Information

Building Name: N/A
Property Type: Condo
Building Type: N/A
Pet Policy: No Pets
Units: N/A
Stories: N/A
Built In: 1965
Sale Listings: 1
Rental Listings: 0
Land Lease: No
All information is deemed reliable but not guaranteed. Copyright 2024 The Agency. All rights reserved.
Last checked: Apr 21, 2024, 6:23 PM UTC
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