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Five-Unit Apartment Building
For Sale
$1,890,000

759 Meridian, Miami Beach, FL 33139

Corner-lot apartment property with tandem parking near Miami Beach beaches, Flamingo Park, shops, and restaurants.

Property Size3,200 SF
Price / SF$590.63
Days on Market8

Property Features for 759 Meridian

General Information

Standard status Active
Size 3,200 SF
Total Parking Spaces 5
Property subtype General Commercial
Zoning 4900 Multi-Family

Additional Details

Road Access Yes
Multifamily Units 5

Amenities

5 Parking Spaces.

Building Details

Buildings 1
Listing Agency: Location3 International, LLC.
Listed By: Uri Redler · License #3402657
Source: Xome
Added: Aug 4 Changed: Aug 10 Last Checked: Aug 11 at 4:50AM

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 Location3 International, LLC.

Investment Insights

Based on property information with market context.

This five-unit apartment property occupies a corner lot at Meridian Avenue and 8th Street in Miami Beach. The improvements include five tandem, partially covered parking spaces with capacity for up to 10 cars.

The site is within walking distance of the beach, Flamingo Park, shops, restaurants, and the South of Fifth neighborhood. A 1.25 FAR is identified, along with potential for approximately 5,250 square feet of buildable area. The property is also described as zoned for multifamily use.

Key Highlights

  • Five‑unit apartment building at 759 Meridian in Miami Beach
  • Corner location at Meridian Avenue and 8th Street
  • Five tandem, partially covered parking spaces accommodating up to 10 cars

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Butcher (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Restaurant Adult Day Care

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,333
Businesses Nearby

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

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Corner-lot apartment property with tandem parking near Miami Beach beaches, Flamingo Park, shops, and restaurants.
Where is this apartment building located?
The property is located at 759 Meridian Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,890,000.
What are key features of this property?
This property features: Five‑unit apartment building at 759 Meridian in Miami Beach; Corner location at Meridian Avenue and 8th Street; Five tandem, partially covered parking spaces accommodating up to 10 cars
More about this property
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