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1438 Meridian Ave
Miami Beach FL 33139 US

$2,400,000

Active Listing ID A12023899
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6 bed
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6.00 Bath (6 Full)
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Quadruplex

$2,400,000

Active Listing ID A12023899
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1438 Meridian Ave PARKEDGE – Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Española Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.

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Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Quadruplex
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air, Electric
  • Exterior Finish: Balcony
  • Floor Covering: Hardwood, Tile, Wood
  • Roof Type: Built-Up
  • Heating Fuels: Electric (Heating)

Property

  • propertytype: Residential
  • propertysubtype: Quadruplex
  • listprice: 2400000
  • unparsedaddress: 1438 Meridian Ave
  • postalcity: Miami Beach
  • stateorprovince: FL
  • country: US
  • postalcode: 33139
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 4644
  • livingareaunits: Square Feet
  • listagentfullname: Jordan Lederman
  • listagentemail: jordan@ledermanrealestate.com
  • listagentkey: 3yd-MAORFL-3245821
  • listagentmlsid: 3245821
  • listagentpreferredphone: 2487015200
  • listagentofficephone: 3054006393
  • listofficekey: 3yd-MAORFL-FINR12
  • listagentstatelicense: 3245821
  • listofficemlsid: FINR12
  • disclaimer: Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MAORFL
  • yearbuilt: 1936
  • listagenturl: http://www.fir.com/
  • countyorparish: Miami-Dade
  • parcelnumber: 02-32-34-015-0260
  • cooling: Central Air, Electric
  • constructionmaterials: Block
  • flooring: Hardwood, Tile, Wood
  • heating: Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Built-Up
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Fortune International Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jordan@ledermanrealestate.com", "ListBrokerageCity":"Miai", "ListBrokerageCountry":"US", "ListBrokerageEmail":"firmarketing@fir.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/140/220691/20130107191850367.png", "ListBrokerageName":"Fortune International Realty", "ListBrokeragePhone":"(305) 517-7553", "ListBrokeragePostalCode":"33131", "ListBrokerageStateOrProvince":"FL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1300 Brickell Avenue", "ListBrokerageWebsiteUrl":"http://www.fir.com/", "ListOfficeAddress1":"1300 Brickell Ave.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"3376000D", "ListOfficeCity":"Miami", "ListOfficeCountry":"US", "ListOfficeEmail":"Rpalma@FortuneIntlGroup.com", "ListOfficePostalCode":"33131", "ListOfficeStateOrProvince":"FL", "ListPriceCurrencyType":"USD", "ListingTitle":"Fourplex, Quadruplex - Miami Beach, FL", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1438-Meridian-Ave-Apt-203_Miami-Beach_FL_33139_M68157-96689?f=listhub&s=MAORFL&m=A12023899&c=rexren", "MLSModificationTimestamp":"2026-06-05T03:02:00Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Quadruplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":24505, "TaxDescription":null, "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 6/5/2026 4:37:06 AM GMT
Source Updated Date: 6/8/2026 12:35:45 PM GMT

Courtesy of: Jordan Lederman, Fortune International Realty, jordan@ledermanrealestate.com

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.