Property profile

538 Meridian Ave Miami Beach, FL 33139

FOR SALE
Hospitality properties
Property ID
US18-5429794
Built 2019
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Property summary

AI-generated overview

A ground-floor restaurant space located within an aparthotel, configured for food and beverage use and delivered with equipment and back-of-house support that include a grease trap, refrigerators, microwave ovens, an orange juice extractor, five tables, a dedicated storage area, and a bathroom. The space is situated on Meridian Avenue in Miami Beach, approximately half a block from Fifth Street, in an area with retail and dining activity. The aparthotel contains 12 fully equipped 2-bedroom/2-bath units and operates with an established occupancy history, contributing to a built-in flow of residents for dining concepts such as café, juice service, takeout, or similar uses.

Property profile

Verified
Property type Hospitality properties
Year built 2019
UPID US18-5429794

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

538 Meridian Ave Miami Beach, FL 33139
Miami Beach metro
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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