1508 Meridian Ave, Miami Beach, FL 33139

$1,200,000
1,776
SqFt

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List Price
$1,200,000
MLS
A12018363
Complex Name
The Castle Meridian Condo
Status
ACTIVE
Type
Multifamily
Living Area
1,776

Property Description

This offering represents the acquisition of four contiguous condominium units within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex located in the heart of South Beach. The condominium is composed of three adjacent buildings: • 1506 Meridian Avenue – 4 units • 1508 Meridian Avenue – 4 units • 1510 Meridian Avenue – 4 units The subject offering includes 100% of the units within the central building at 1508 Meridian Avenue (Units 3, 4, 9 & 10). Folio:02-3234-228-0100 Folio:02-3234-228-0090 Folio:02-3234-228-0040 Folio:02-3234-228-0030 Total Annual Gross Income: $91,200 Annual Operating Expenses (HOA + Property Taxes) $30,114.32 • The 40-Year Certification process is currently in its final phase of completion. • All special assessments will be paid in full by the Seller at closing.

Additional Information

Days on Market
119
Style
Quadruplex, Fourplex
Association Fee
$1390
Year Built
1935
Development Name
The Castle Meridian Condo
#Stories
2
Construction Type
Other
Section
34

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Listing Courtesy of Sermoneta Real Estate Group Corp, Contact: