17
  • Type
  • Condominium
  • 1
  • Bedroom
  • 1
  • Bathroom
  • 0
  • Garage
  • 436 Sq Ft
  • Area Size
1560 Meridian Ave # 206, Miami Beach FL 33139 | Miami-Dade County | A11826406
  • $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. Unit is tenant occupied until 2/28/26 @ $1900/mo. Special Assessment has already been paid in full. Financing acceptable with min 50% down payment. SHOWINGS ALLOWED ON WEDNESDAYS AFTER 12PM AND ON SATURDAYS AFTER 2PM, 24h notice required. *VIRTUAL STAGING*
Financing possible with 50% down payment.

Property Overview

This 1-bedroom, 1-bathroom unit at the Elena Condo in Lincoln Subdivision is a modern, well-maintained space built in 2016 and offering 436 square feet of living area. The layout is efficient and functional, with wood ceramic flooring throughout, an Italian-style kitchen featuring stainless steel appliances, and a sleek glass shower. Washer and dryer are included in-unit, and Wi-Fi is part of the monthly HOA fee, which is $693. Located at 1560 Meridian Ave #206, the unit is a short walk from Lincoln Road Mall and just a few blocks from the ocean. It's an ideal setup for an investor or primary residence, with the added benefit of a current tenant in place until February 28, 2026, at $1,900 per month. Showings are available Wednesdays after 12 PM and Saturdays after 2 PM, with 24 hours' notice required. The unit is virtually staged to give a clear sense of the layout and potential. For more information or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit has 1 bedroom and 1 full bathroom.

What is the current monthly HOA fee?

The current monthly HOA fee is $693.

Is there an existing tenant in the unit?

Yes, the unit is currently occupied by a tenant until February 28, 2026, at a rental rate of $1900 per month.

What are the showing hours for this unit?

Showings are allowed on Wednesdays after 12:00 PM and on Saturdays after 2:00 PM. A 24-hour notice is required.

What are the financing options available for this unit?

Financing is acceptable with a minimum 50% down payment.

Monthly Fees & Carrying Costs

Association Fee $693 / month
Condo Maintenance Fee $693 / month
Total Monthly Fees $1,386 / month

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

  • Membership Required: No
  • Application Fee: $150 (one-time)
  • Address: Meridian Ave
  • City: Miami Beach
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33139
  • Area: LINCOLN SUB

Details

Updated on June 20, 2026 at 10:43 am
  • Property ID A11826406
  • Price $235,000
  • Property Size 436 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 Other
  • Cooling Central Air
  • Association Type Condo
  • Building ELENA CONDO
  • Association Fee Frequency Monthly
  • Area Lincoln Sub
  • Annual Tax 3559
  • 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 436
  • Covered Spaces 0
  • Unit Floor 2
  • View Other View
  • Year Built Details Effective Year Built
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 206
  • Half Bathrooms 0
  • Flood Zone AE
  • New Construction No
  • Garage Spaces 0
  • Style Condo 1-4 Stories
  • Association Fee 693
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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