538 Meridian Ave

New

$12,500,000

538 Meridian Ave South Beach

153

Home61's Closings in

South Beach

Amenities

Air Conditioning
N/A
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$79,555   (2024)
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
-
On market
2 days
$ /sqft
-
Type
other
Year Built
N/A
Unit
-
Zip Code
33139
Ref./MLS ID
A11794468

DESCRIPTION

12 units, 2 bd, 16 ba, 24 beds, 18,301 sqft.  Located in the heart of south beach, walk to collins ave.  Shopping district & ocean drive.  Blocks away from lincoln road mall, and miami beach convention center.  The property is situated 5 miles northeast of downtown miami and 10 miles east of miami int'l airport.  Property is leased to a hospitality group and its a boutique hotel.  This is a smoke-free building with a parking garage.  The units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave and washer and dryers.  Units are fully furnished with modern furnishings throughout and beautifully decorated.  Licensed for short term rentals.  Cap rate 5% (based on seller's master lease income with tenant, not hospitality's income).  


Data is provided by Miami Board of Realtors.

Public transportation

5 St & Meridian Av
C
M
1 mins
5 St & Michigan Av
C
M
2 mins
Washington Av & 5 St
120
123
150
C
2 mins
Washington Av & 4 St
123
M
3 mins

Nearby School In South Beach

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
5
Miami Beach Senior High School
9-12
1.6 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.8 miles
9
South Pointe Elementary School
PK-5
0.2 miles
NR
Congregation Beth Medrash Levi
7-12
0.6 miles
Neighborhood

South Beach

  • fashion
  • beach
  • ocean
  • nightlife
  • party
  • restaurants
  • bars
  • condos
  • ocean front homes
  • luxury
  • miami

  •  
Listed on May 01, 2025 by Armando Senra from Pulse Int'l Realty FL Inc, this other is for sale. other for sale in South Beach listed at $12,500,000, Reference A11794468

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2025 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.