Property 759 Meridian, Miami Beach, FL 33139 for sale with MLS# A12066561
Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.
759 Meridian, Miami Beach, FL 33139
- Price:
- $1,890,000.00
- Original List Price:
- $1,890,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $590.62
- Tenant Pays:
- Gas, Oil
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 6, 2026 4:00 am
- Built-Up Area:
- 3,200 Sqft
- Lot Size Acres:
- 0.1
- Security:
- Smoke Detector(s), Other, Fire Alarm
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Window/wall
- Building:
- Storage
- Roof:
- Tile
- Number of Buildings:
- 1
- Number of Units Total:
- 5
- Construction Materials:
- CBS
- Flooring:
- Tile, Laminate
- Number of stories:
- 2
- Flood Zone Code:
- AE
- Property Condition:
- Resale
- Parking Total Spaces:
- 5
- Parking Features:
- Guest
- Sewer:
- Public Sewer
- Utilities Available:
- Natural Gas Connected
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Aerial Photo(s), Books & Records, Copy Of Lease(s), Bylaws & Documents, Investment Analysis
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 759 BUILDING INC CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 LESS E56FT BLK 59
- Real Estate Folio Number (Parcel Number):
- 0242030700001
- Zoning:
- 4900
- Active on the market since:
- August 6, 2026
- Listing Agreement executed on:
- August 6, 2026
- Listing Status Last Changed On:
- August 6, 2026 4:00 am
- Photos updated on:
- August 8, 2026 2:03 am
- Last Modified:
- August 8, 2026 2:03 am
- Courtesy of:
- Location3 International, LLC.
- Attribution:
- Not provided
- Street Name:
- Meridian
- Street Number:
- 759
- City:
- Miami Beach
- State:
- Florida
- Zip Code:
- 33139
- County:
- Miami-Dade
- Latitude:
- N25° 46' 41.4''
- Longitude:
- W81° 51' 50.6''
Want to schedule an in-person or virtual tour? Have questions?
Want to schedule an in-person or virtual tour? Have questions?
Schedule a Tour or Ask a Question
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
Ver la propiedad 759 Meridian, Miami Beach, FL 33139
