Multifamily in 1508 Meridian Ave Miami Beach for sale with MLS# A12018961

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.

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Days on the market

1508 Meridian Ave, Miami Beach, FL 33139

Price
Price:
$1,200,000.00
Original List Price:
$1,200,000.00
Business Info
Gross Scheduled Income:
91200
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A12018961
Description of Last Important Update:
New Listing
Last Major Update on:
May 14, 2026 11:33 am
Measures
Built-Up Area:
7,500 Sqft
Lot Area:
7,500 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1935
Number of Units Total:
4
Levels:
Two
Structure Type:
Apartment
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$13,398.00
Tax Year:
2025
Association Fee:
$1,390.00
Association Fee Frequency:
Monthly
Parking
Covered Spaces:
0
Community
Senior Community:
No
Terms
Disclosures:
Special Assessment
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Buyer Possession:
Closing And Funding
Zoning and Legal
Tax Legal Description:
THE CASTLE MERIDIAN CONDO UNIT 10 UNDIV 6.6887% INT IN COMMON ELEMENTS OFF REC 28677-1856
Real Estate Folio Number (Parcel Number):
02-32-34-228-0100
Zoning Description:
0000
Listing History
Originally published on:
May 14, 2026 11:33 am
Active on the market since:
May 14, 2026
Price change occurred on:
May 14, 2026 9:19 am
Listing Status Last Changed On:
May 14, 2026 11:33 am
Photos updated on:
May 14, 2026 3:41 pm
Last Modified:
May 14, 2026 8:00 pm
Additional Information
Flood Zone:
AE
Municipal Code:
2
Subdivision Number:
228
Courtesy of:
Sermoneta Real Estate Group Corp
Attribution:
Not provided
Location
Street Name:
Meridian Ave
Street Number:
1508
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 47' 15.9''
Longitude:
W81° 51' 47.5''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 30 Good
🫁 PM2.5 35 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. 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. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.