# 1438 Meridian Ave, Miami Beach, FL 33139 > **TL;DR:** 6bd/0ba multi-family, $2,400,000 ($517/sqft), built 1936, 4,644 sqft. > Hardwood, A/C. Est. $12,836/mo. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $2,400,000 | | Price/sqft | $517 | | Bedrooms | 6 | | Square Feet | 4,644 | | Year Built | 1936 | | Stories | 2 | | Property Type | Multi-Family (Quadruplex) | | Status | Active | | Days on Market | 0 | ## Why This Home Stands Out - **Hardwood Floors** - Hardwood flooring listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $12,136 | | Estimated Insurance | $700 | | **Total** | **$12,836** | ## Key Amenities - Hardwood - A/C ## Property Highlights - Built in 1936 - 2 stories ## Description ### Agent Description PARKEDGE - Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Espanola Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing. ## Location - **Address:** 1438 Meridian Ave, Miami Beach, FL 33139 - **County:** Miami-Dade - **Neighborhood:** ESPANOLA VILLAS 1ST ADDN - **Coordinates:** 25.786638, -80.136599 - **Google Maps:** https://www.google.com/maps?q=25.786638,-80.136599 ## Virtual Tour & Media - **Video Tour:** https://www.propertypanorama.com/instaview/mia/A12023899 ## Listing Agent - **Name:** Jordan Lederman · **License:** 3245821 - **Brokerage:** Fortune International Realty - **Broker Phone:** (305) 517-7553 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1438-Meridian-Ave-Apt-203_Miami-Beach_FL_33139_M68157-96689?f=listhub&s=MAORFL&m=A12023899&c=propsimple) ## Photos ![1438 Meridian Ave - Photo 1](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2896461788r.jpg) ![1438 Meridian Ave - Photo 2](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1958527377r.jpg) ![1438 Meridian Ave - Photo 3](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f622286000r.jpg) ![1438 Meridian Ave - Photo 4](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2583699990r.jpg) ![1438 Meridian Ave - Photo 5](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1310698622r.jpg) ![1438 Meridian Ave - Photo 6](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3047729445r.jpg) ![1438 Meridian Ave - Photo 7](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f995022273r.jpg) ![1438 Meridian Ave - Photo 8](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1664781936r.jpg) ![1438 Meridian Ave - Photo 9](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f155666760r.jpg) ![1438 Meridian Ave - Photo 10](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4131559396r.jpg) ![1438 Meridian Ave - Photo 11](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2499363898r.jpg) ![1438 Meridian Ave - Photo 12](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4010797861r.jpg) ![1438 Meridian Ave - Photo 13](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f114888211r.jpg) ![1438 Meridian Ave - Photo 14](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1116098163r.jpg) ![1438 Meridian Ave - Photo 15](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1866558678r.jpg) ![1438 Meridian Ave - Photo 16](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f793126193r.jpg) ![1438 Meridian Ave - Photo 17](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f507519531r.jpg) ![1438 Meridian Ave - Photo 18](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1178565782r.jpg) ![1438 Meridian Ave - Photo 19](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1961704432r.jpg) ![1438 Meridian Ave - Photo 20](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3291628486r.jpg) ![1438 Meridian Ave - Photo 21](http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3590176551r.jpg) --- **MLS#:** A12023899 | **Updated:** 2026-10-25 **Source:** listhub *Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#listing", "url": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7", "name": "1438 Meridian Ave, Miami Beach, FL 33139", "description": "PARKEDGE - Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Espanola Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.", "image": [ "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2896461788r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1958527377r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f622286000r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2583699990r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1310698622r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3047729445r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f995022273r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1664781936r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f155666760r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4131559396r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2499363898r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4010797861r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f114888211r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1116098163r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1866558678r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f793126193r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f507519531r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1178565782r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1961704432r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3291628486r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3590176551r.jpg" ], "primaryImageOfPage": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2896461788r.jpg", "caption": "1438 Meridian Ave - Miami Beach, FL" }, "datePosted": "2026-10-25T08:27:19.015Z", "dateModified": "2026-10-25T08:27:19.015Z", "mainEntity": { "@type": "Accommodation", "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#property", "name": "1438 Meridian Ave, Miami Beach, FL 33139", "address": { "@type": "PostalAddress", "streetAddress": "1438 Meridian Ave", "addressLocality": "Miami Beach", "addressRegion": "FL", "postalCode": "33139", "addressCountry": "US" }, "geo": { "@type": "GeoCoordinates", "latitude": 25.786638, "longitude": -80.136599 }, "image": [ "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2896461788r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1958527377r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f622286000r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2583699990r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1310698622r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3047729445r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f995022273r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1664781936r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f155666760r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4131559396r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f2499363898r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f4010797861r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f114888211r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1116098163r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1866558678r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f793126193r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f507519531r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1178565782r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f1961704432r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3291628486r.jpg", "http://lh.rdcpix.com/048bdf273b75f63efb4122228fdfe556l-f3590176551r.jpg" ], "identifier": { "@type": "PropertyValue", "propertyID": "MLS", "value": "A12023899" }, "accommodationCategory": "Quadruplex", "numberOfBedrooms": 6, "numberOfFullBathrooms": 6, "floorSize": { "@type": "QuantitativeValue", "value": 4644, "unitCode": "FTK", "unitText": "square feet" }, "yearBuilt": 1936, "amenityFeature": [ { "@type": "LocationFeatureSpecification", "name": "Heating", "value": "Electric (Heating)" }, { "@type": "LocationFeatureSpecification", "name": "Cooling", "value": "Central Air, Electric" }, { "@type": "LocationFeatureSpecification", "name": "Flooring", "value": "Tile, Hardwood, Wood" }, { "@type": "LocationFeatureSpecification", "name": "Construction Materials", "value": "Block" }, { "@type": "LocationFeatureSpecification", "name": "Air Conditioning", "value": true }, { "@type": "LocationFeatureSpecification", "name": "Hardwood Floors", "value": true } ], "additionalProperty": [ { "@type": "PropertyValue", "name": "Stories", "value": 2 }, { "@type": "PropertyValue", "name": "Property Subtype", "value": "Quadruplex" } ] }, "offers": { "@type": "Offer", "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#offer", "url": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7", "price": 2400000, "priceCurrency": "USD", "businessFunction": "http://purl.org/goodrelations/v1#Sell", "availability": "https://schema.org/InStock", "seller": { "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#agent" } }, "provider": { "@type": "Person", "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#agent", "name": "Jordan Lederman", "worksFor": { "@type": "Organization", "@id": "https://staging.propertysimple.ai/listing/1438-meridian-ave-miami-beach-fl-33139-c6037da4b1f04d068499626e1abd4ef7#brokerage", "name": "Fortune International Realty", "telephone": "(305) 517-7553", "logo": { "@type": "ImageObject", "url": "http://lh.rdcpix.com/d256afd14b8b11e295b6123139334f0bk-c3476738371r.png" } } } } ```