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4-Unit Canalfront Quadplex
For Sale
$8,995,000

3921 N Meridian Ave, Miami Beach, FL 33140

Four two-bedroom apartments offer canal views, water access, and a mix of in-unit and on-site laundry.

Property Size5,366 SF
Price / SF$1,676
Days on Market65

Property Features for 3921 N Meridian Ave

General Information

Standard status Active
Size 5,366 SF
Total Parking Spaces 10
Property subtype Quadruplex

Site & Location

Neighborhood Sunset Islands

Units

Unit Mix 4 x 2BR/2BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $31,784

Amenities

boat slips
Juliet balconies
terrace
wood decks
washer/dryer

Building Details

Building Size 5,366 SF
Year Built 1956
Buildings 1
Listing Agency: Florida Relocation Team, LLC
Listed By: Gustavo Gutierrez · License #3253915
Source: Jofregroup
Added: Aug 28 Changed: Oct 27 Last Checked: Oct 27 at 3:23AM

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 Florida Relocation Team, LLC

Rey
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Investment Insights

Based on property information with market context.

This Miami Beach quadplex contains four apartments, each configured with two bedrooms and two bathrooms. Two units occupy each floor. Laundry is located inside three apartments, with a shared on-site washer and dryer serving the fourth. The property also includes Juliet balconies, a terrace, and wood decks along the water.

Canal frontage provides water views, with two boat slips and 10 tandem parking spaces on site. Building improvements include a new roof, impact windows and doors, and updated electrical and plumbing systems. The building dates to 1956, and the property information notes a 60-year recertification.

Key Highlights

  • Four apartments, each with 2 bedrooms and 2 bathrooms
  • Two boat slips along the canal
  • 10 parking spaces arranged in tandem, 5 x 2

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

3,141
Businesses Nearby

Demographics for 33140, FL

19,315
Population
16,000
Households
1.2
Avg Household Size
46
Median Age
62%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
6,231
Density / Sq Mi
$103,898
Median Household Income
$65,708
Median Earnings
$2,020
Median Rent
$863,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four two-bedroom apartments offer canal views, water access, and a mix of in-unit and on-site laundry.
Where is this quadplex located?
The property is located at 3921 N Meridian Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $8,995,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 2 bathrooms; Two boat slips along the canal; 10 parking spaces arranged in tandem, 5 x 2
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