851 Merdian Avenue #42
South Beach, Miami Beach, FL 33139
Sale Price
$215,000
Property Type
Condo
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
Property Specifics
Property Type:
Condo
Monthly Common Charges:
$279
Building Units:
N/A
Building Stories:
5
Pet Policy:
N/A
MLS ID:
a0U4U00000EVUYAUA5
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
Location & Transportation
Other Property Information
Summary
General Information
- Year Built:
1965
- Architectural Style:
Other
School
- Elementary School:
Feinberg-Fisher K8
- Middle or Junior School:
Nautilus
- High School:
Miami Beach
Parking
- Total Parking Spaces:
1
- Parking Features:
Parking Assigned, Parking Carport
- Carport:
Yes
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/Spa
- Pool Features:
Pool None
- Spa:
None
Structure
- 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
Utilities
- 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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