20
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 443 Sq Ft
  • Area Size
1560 Meridian Ave # 108, Miami Beach FL 33139 | Miami-Dade County | A11832252
  • $235,000

Description

Great investment opportunity in Miami Beach! The flat is well divided and features wood ceramic floor all over, Italian style kitchen with stainless steel appliances, glass shower, washer and dryer. Wi-Fi included in the Monthly Maintenance. Elena condo is one of the best options to enjoy south beach with all the comforts and needs of a home, do not miss the opportunity to own it! Location is great, steps from Lincoln Rd mall and just a few blocks from the beaches. The apartment is rented until Sept 1st 2026 @ $1850/mo, 24h in advance notice for showings is required.

Property Overview

This is a one-bedroom, one-bathroom condo at the Elena Condo building, offering 443 square feet of living space. It was built in 2016 and features wood ceramic flooring throughout, an Italian-style kitchen with stainless steel appliances, a glass shower, and an in-unit washer and dryer. The condo is located at 1560 Meridian Ave in the Lincoln Sub subdivision of Miami Beach. Its location is steps from Lincoln Road Mall and just a few blocks from the beach. The monthly HOA fee is $707, which includes Wi-Fi. The property is listed for sale at $235,000. It is currently rented with a lease in place until September 1, 2026, at $1,850 per month. Showings require 24-hour advance notice.

Frequently Asked Questions

What is the current rental situation for this condo?

The apartment is currently rented until September 1st, 2026, at $1,850 per month. Showings require 24-hour advance notice due to the tenancy.

What are the monthly HOA fees and what do they include?

The monthly HOA fee is $707. According to the public description, Wi-Fi is included in the monthly maintenance.

What is the exact location and what is nearby?

The condo is at 1560 Meridian Ave #108 in Miami Beach. It is steps from Lincoln Road Mall and just a few blocks from the beaches.

What are the key features and condition of the unit?

This is a 1-bedroom, 1-bath condo with 443 square feet of living space, built in 2016. It features wood ceramic flooring, an Italian-style kitchen with stainless steel appliances, a glass shower, and an in-unit washer and dryer.

Is this condo considered a good investment property?

The listing presents it as a great investment opportunity in Miami Beach, citing its location near Lincoln Road and the beach, along with an existing rental income stream. For specific financial analysis, a buyer should consult with their financial advisor.

Monthly Fees & Carrying Costs

Association Fee $707 / month
Condo Maintenance Fee $707 / month
Total Monthly Fees $1,414 / month

Fees with a non-monthly frequency are converted to a monthly equivalent in the total.

  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami Beach listing?

Talk directly with Christopher Lazaro, your Miami Beach real estate advisor. No pressure — real answers.

  • Address: Meridian Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: LINCOLN SUB

Details

Updated on August 5, 2026 at 5:46 pm
  • Property ID A11832252
  • Price $235,000
  • Property Size 443 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathroom 1
  • Garage 0
  • Year Built 2016
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Central Air
  • Association Type Condo
  • Building ELENA CONDO
  • Association Fee Frequency Monthly
  • Area Lincoln Sub
  • Annual Tax 3629
  • Maintenance Fee Paid Per Monthly
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision LINCOLN SUB
  • Total Stories 2
  • Restrictions Corporate Buyer OK, No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
  • Amenities None
  • Parking On Street
  • Heating None
  • Structure Type Condo 1-4 Stories, Condo
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 443
  • Covered Spaces 0
  • Unit Floor 1
  • View Other View
  • Year Built Details Effective Year Built
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 108
  • Half Bathrooms 0
  • Flood Zone AE
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 707
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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