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Commercial Income
$1,950,000
759 Meridian Ave Miami Beach, FL

A11711790

21 of 58 for Sale
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an agent
  • Listed On:

    Dec 19, 2024
  • Days on Market:

    2
  • Year:

  • Taxes:

    n/a
  • Floor Description:

    Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

    Assigned, Covered, Guest

759 Meridian Ave Miami Beach, FL Prime Investment Opportunity in South Beach! This income-producing 5-unit boutique building sits on a corner lot at Meridian Ave and 8th Street, one of the most picturesque and desirable locations in Miami Beach. Offering tremendous upside potential, the property is zoned 4900 Multi-Family with a FAR of 1.25, allowing for up to 5,250 sq. ft. of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in South Beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after South of Fifth neighborhood

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For Sale Details

  • Floor Description

    Tile, Vinyl

  • Heating Description

    Wall/Window Units

  • Ownership

    Corporation

  • Parking Description

    Assigned, Covered, Guest

  • Photo Count

    32

  • Property Type

    Commercial Sale

  • SqFt Total

    4200

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1968

Any questions about Commercial Income?
Contact our Miami Beach Real Estate Specialist today.

Need to sell your condo at Commercial Income?

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We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Commercial Income condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
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