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Property Name:  Meridian Art Deco

Location:  South Beach

Asking Price:  $2,400,000

Number of Units:  8

Lot Size:  6300

Total Square Feet:  5990

Price Per Unit:  $300

Year Built:  1936

Watefront:  NO

This classic "Art Deco" style apartment building for sale in Miami Beach is two-story with eight spacious units.

MLR Realty
(305) 673-3303

Additional Information
This 5,900 square foot multifamily apartment building has an ideal location at he corner of 14th Street and the beautiful tree lined Meridian Avenue. Its location across from Flamingo Park is just a block from Espanola Way and within walking distance to Lincoln Road and the beach. 

This Miami commercial property is a great investment opportunity! It is 100% occupied and has a sizeable Net Operating Income with a 2.59% cap rate. 

The classic "Art Deco" style building has two door access and sits on a 6,300 square foot lot. There are eight large one-bedroom, one-bathroom units that feature hardwood flooring and fireplaces.
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