1508 Meridian Ave, Miami Beach, FL 33139

$1,200,000

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List Price
$1,200,000
MLS#
A12018961
Lot Size
7,500
Subtype
Income/MultiFamily
County
Miami-Dade
Community
Not Found
Year Built
1935

Property 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.

Additional Information

Hoa
Yes
Hoa Amount
1390
Status Label
ACTIVE
Total Unitsin Complex
4
Taxes
$13,398
Total Floors
2
Stories
2

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Listing Courtesy of Sermoneta Real Estate Group Corp, Contact: