Home » Miami Beach » Park Square at 1127 Meridian Ave Miami Beach » 1127 Meridian Ave 6-1127, Miami Beach, FL 33139 | A11582925

1127 Meridian Ave 6-1127, Miami Beach, FL 33139 | Sold

$250,000
closed for a price of $245,000

Property Highlights

Listing ID A11582925 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 600 Sqft/55.74 m2 approx. Building Area 600 Sqft/55.74 m2 approx. Year Built 1956 Lease Term Minimum Duration: 180 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 180 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 62 Days
21 Photos of this Property

1127 Meridian Ave 6-1127, Miami Beach, FL 33139

Property Description: Amazing value and great investor opportunity! Walkers paradise. Boutique condo designed in 1956 by the iconic architect Lester Avery, located in the heart of the Art deco District in South Beach. 2nd and top floor, Quiet Corner Unit with Balcony. 1 bedroom, 1 bath, large tile floors, 3 large closets. Next to Whole Foods, Publix, Lincoln Road, and the beach. Across the Flamingo park that offers tennis and basket ball courts, kids and adults pool, walking path with lots of trees and green resting areas. Rented $1,850/M to long term tenant who wants to stay if possible. Cash buyers only. Land lease till 2045. 40 years certification done, roof done in 2024.

Useful Info

Contingency:No Contingencies
Original List Price:$250,000
Close Price:$245,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Garden Apartment
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Tile
Number of stories:2
Possible Use:
  • Investment

Property Features

View from the Property:
  • Garden
Waterfront:No
Security:
  • Complex Fenced
  • Phone Entry
  • Other
Appliances:
  • Dishwasher
  • Microwave
  • Refrigerator
  • Electric Range
Interior Features:
  • Other
  • Second Floor Entry
Exterior Features:
  • Courtyard
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Wall/window Unit(s)
Heating System:
  • Other
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$3,670

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$537
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Disclosures:
  • Special Assessment
Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Laundry
Subdivision Name:PARK SQUARE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Sewer
  • Water
  • Trash
  • Common Areas
  • Insurance
  • Hot Water
  • Laundry
Complex Name:PARK SQUARE COND
Senior Community:No
Restrictions: OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • On Street

More Details

Other Information:
Unit View: Garden View
Housing Older Persons Act: No HOPA
Unit Design: Corner Unit,Exterior Cat Walk,Garden Apartment
Type of Association: Condo
Minimum Number of Days for Lease: 180
Type of Governing Bodies: Condominium
Pet Fee: 0
Tax Information: Tax Reflects No Exemptions
Number of times allowed to lease per year: 2
Flood Zone : AE
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AE
Municipal Code: 3
Subdivision Number: 178
Buy State: Florida
Buyer Country of Residence: USA

Zoning and Legal

Tax Legal Description:PARK SQUARE CONDO UNIT 6-1127 UNDIV 6.25 % INT IN COMMON ELEMENTS OFF REC 16038-596 OR 18624-0013 0599 4
Real Estate Folio Number (Parcel Number):02-42-03-178-0140
Public Survey Township:3
Public Survey Range:42
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:May 9, 2024 11:44 am
On Market Date:May 9, 2024
Close Date:July 10, 2024
Price Change Date Time:May 7, 2024 10:50 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 23, 2024 8:04 pm
Status Last Changed:July 23, 2024 8:04 pm
Photos Last Modified:May 9, 2024 3:55 pm
Last Modified:July 24, 2024 12:04 am
Days on the Market Reference Date:July 24, 2024
Days on the Market (updated on Last Modified*):33
Cumulative Days on the Market (updated on Last Modified**):33

Additional Information

Unit Location:Corner Unit,Exterior Cat Walk,Garden Apartment
Number of Photos Count:21
Area:42
Ref ID:1075027953
Courtesy of:Debuire International Realty
Universal Property Id:US-12025-N-0242031780140-R-N

Location

Show Property Address:Yes
Street Name:Meridian Ave
Street Number:1127
Street Address:1127 Meridian Ave 6-1127
Unit Number:6-1127
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade County
Full Address:1127 Meridian Ave 6-1127, Miami Beach, FL 33139
Latitude:N25° 46' 57.2''
Longitude:W81° 51' 50.5''

Neighborhood

Postal City:Miami Beach

Property Map

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