751 Meridian Ave

Out Of Market
Recommend
Out Of Market

$3,980,000

751 Meridian Ave South Beach
Out Of Market
Recommend

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
$32,579   (2019)
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
OCEAN BEACH ADDN NO 3
On market
1529 days
$ /sqft
-
Type
other
Year Built
N/A
Unit
-
Zip Code
33139
Ref./MLS ID
A10817182

DESCRIPTION

Unique opportunity to acquire a rarely grandfathered short term rental multifamily with 12 units and 11 parking spots located in the heart of south beach.  The asset is located in a zoning district that doesn’t allow transient occupancy making 751 meridian ave a rarely legal short term rental income property.  The property has significant in-place income associated with a premium location: walking distance to the beach.  This is an excellent income producing property, currently rented to a single tenant: a national, well-capitalized hospitality operator.  Tenant is responsible for utilities and ordinary maintenance.  Six 1/br and six studio apartments.  Security cameras throughout, ada ramp access, one ada unit, fire sprinkles system.  


Data is provided by Miami Board of Realtors.

Public transportation

Washington Av & 7 St
123
C
2 mins
Washington Av & 8 St
123
C
2 mins
Washington Av & 9 St
120
123
150
C
3 mins
5 St & Meridian Av
C
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
1.5 miles
6
Fienberg/Fisher K-8 Center
PK-8
0.6 miles
9
South Pointe Elementary School
PK-5
0.4 miles
NR
Congregation Beth Medrash Levi
7-12
0.5 miles
Neighborhood

South Beach

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

  •  
Listed on February 12, 2020 by Luca Migliore from Gary Hennes Realtors, this other is for sale. other for sale in South Beach listed at $3,980,000, Reference A10817182

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