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  • Type
  • Quadruplex
  • 1776 Sq Ft
  • Area Size
Active Residential Income Active
1508 Meridian Ave, Miami Beach FL 33139 | Miami-Dade County | A12018363
  • $1,200,000

Description

This offering represents the acquisition of four contiguous condominium units
within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex
located in the heart of South Beach.

The condominium is composed of three adjacent buildings:
• 1506 Meridian Avenue – 4 units
• 1508 Meridian Avenue – 4 units
• 1510 Meridian Avenue – 4 units
The subject offering includes 100% of the units within the central building at 1508
Meridian Avenue (Units 3, 4, 9 & 10).
Folio:02-3234-228-0100
Folio:02-3234-228-0090
Folio:02-3234-228-0040
Folio:02-3234-228-0030

Total Annual Gross Income: $91,200
Annual Operating Expenses (HOA + Property Taxes) $30,114.32

• The 40-Year Certification process is currently in its final phase of completion.
• All special assessments will be paid in full by the Seller at closing.

Property Overview

This offering includes four contiguous units within the central building at 1508 Meridian Avenue, part of The Castle Meridian Condominium, a boutique Art Deco complex in the heart of South Beach. The property totals 1,776 square feet of living space across four units and is offered for $1,200,000. The building was constructed in 1935 and is part of a three-building development, with the central building containing all four units in this offering. The current annual gross income is $91,200, with annual operating expenses including HOA fees and property taxes totaling $30,114.32. HOA fees for each unit are approximately $1,390 per month. This is a rare opportunity to acquire 100% ownership of all four units in a central building within a small Art Deco complex. The property is located at 1508 Meridian Avenue, where South Beach’s vibrant energy meets historic architecture. For more details or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many units are included in this offering?

This offering includes four contiguous condominium units located in the central building at 1508 Meridian Avenue.

What are the annual gross income and operating expenses?

The total annual gross income is $91,200, and the annual operating expenses, including HOA fees and property taxes, amount to $30,114.32.

What is the current status of the 40-Year Certification?

The 40-Year Certification process is currently in its final phase of completion.

Monthly Fees & Carrying Costs

Association Fee $1,390 / month
Total Monthly Fees $1,390 / month

Have a question about this Miami Beach listing?

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

Address

Open on Google Maps
  • Address: Meridian Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: THE CASTLE MERIDIAN CONDO

Details

Updated on October 2, 2026 at 11:46 am
  • Property ID A12018363
  • Price $1,200,000
  • Property Size 1776 Sq Ft
  • Year Built 1935
  • Type Quadruplex
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Ceramic Floor
  • Building THE CASTLE MERIDIAN CONDO
  • Listing Terms All Cash, Conventional
  • Area The Castle Meridian Condo
  • Total Stories 2
  • Waterfront No
  • Association Yes
  • Style Fourplex
  • Private Pool No
  • Structure Type Quadruplex, Fourplex
  • Association Fee 1390
  • Subdivision THE CASTLE MERIDIAN CONDO
  • Annual Tax 13398
  • Year Built Details Unknown
  • Building Area 1776
  • Lot Size (Sq Ft) 0
  • Flood Zone AE
  • New Construction No
  • Construction Other
  • Association Fee Frequency Monthly
  • Association Type Condo

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Christopher Lazaro

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