South Beach Income
1770 Meridian Avenue Miami Beach FL 33139, Miami Beach, FL 33139
For Sale
Contact for pricing
31-unit apartment building in a strategic corner location.
Property Size23,234 SF
Price / SF$559.09
Days on Market998
Property Features for 1770 Meridian Avenue Miami Beach FL 33139
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Building Details
Year Built
Buildings
Stories
Units
Listing Agency:
Sotheby's International Realty Miami Beach
Listed By:
Susan Gale · License FL #0394993
(305) 610-0404
Source:
Crexi
Added: Feb 22, 2024
Changed: Aug 8
Last Checked: Aug 8 at 11:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sotheby's International Realty Miami Beach
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Investment Insights
Based on property information with market context.
Located in South Beach, this income-producing apartment building features 31 units. The two-story property is situated on a strategic corner location between the Miami Beach Golf Club and Lincoln Road, and it is across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The courtyard property includes a mix of studios, one and two-bedroom units, and a laundry room set within a lush, tropical garden. The property's RM-2 zoning allows for over 14,000 additional square footage in a world-class destination. The property is cash-flowing as-is with the opportunity to renovate or redevelop for short term or long term rentals.
Key Highlights
- Strategic corner location in South Beach, near Miami Beach Golf Club, Lincoln Road, Pride Park, Convention Center, and City Hall.
- Income‑producing 31‑unit apartment building.
- RM‑2 zoning allows for 14,000+ additional square footage.
Location Intelligence
Trade Area within ½ mile
7,000
Businesses Nearby
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Business Placement
Demographics for 33139, FL
36,286
Population
30,166
Households
1.2
Avg Household Size
43
Median Age
53%
College-Educated
89%
High-School Grad
2.8 sq mi
ZIP Area
12,959
Density / Sq Mi
$63,368
Median Household Income
$48,608
Median Earnings
$1,745
Median Rent
$480,500
Median Home Value
Market
Average Price Trend$/SF for Apartment buildings in Miami Beach, FL
Properties on Market for Apartment buildings in Miami Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - 31-unit apartment building in a strategic corner location.
Where is this apartment building located?
The property is located at 1770 Meridian Avenue Miami Beach FL 33139 Miami Beach, FL.
What is the asking price?
The asking price for this property is $12,990,000.
What are key features of this property?
This property features: Strategic corner location in South Beach, near Miami Beach Golf Club, Lincoln Road, Pride Park, Convention Center, and City Hall.; Income‑producing 31‑unit apartment building.; RM‑2 zoning allows for **14,000+ additional square footage**.
