759 Meridian, Miami Beach, FL 33139

New Listing

$1,890,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12066561

Property Type: Commercial Sale Square Footage: 3,200 Status: Active

Current Price: $1,890,000 List Date: 8/06/2026 Last Modified: 8/08/2026

Overview

Description

Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.

Listing Details MLS# A12066561

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Number Of Units Total: 5
Price Per Unit: 378000
Occupant Type: Call Listing Agent
Building Area Main: 3200
Parking Total: 5
Lot Size Area: 4200
Lot Size Acres: 0.1
Stories Total: 2

Property Features

Building Features: Storage Documents Available: Aerial Photo(s); Books & Records; Bylaws & Documents; Copy Of Lease(s); Investment Analysis; Rent Rolls Flooring: Laminate; Tile Heating: Window/Wall Location of Property: Corner Lot Parking Features: Guest Possession: Negotiable Property Condition: Resale Sale Includes: Building; Fixtures; Furniture; Land; Leases Source Of Expenses: Books; Tax Return Tenant Pays: Gas; Oil Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Tile Security Features: Fire Alarm; Smoke Detector(s); Other Sewer: Public Sewer Utilities: Natural Gas Connected Water Source: Public Showing Requirements: Call Listing Agent; Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 1890000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 759
Street Name: Meridian
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 0000
Area: 2420
Parcel Number: 0242030700001
Subdivision Number: 70
Zoning: 4900
Flood Zone: AE
Directions: From Alton Road, head east on 8th Street toward Meridian Avenue. The property is located on the corner of 8th Street and Meridian Avenue. Look for the boutique building with partially covered parking.

Financial Information

Tax Legal Description: 759 BUILDING INC CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 LESS E56FT BLK 59

Status Change Information

Major Change Timestamp: 2026-08-06T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-08-07

More Information

Meter Information

Number Of Meters Total: 6

Description of Unit Type 1

Unit Type: 1 Bedroom
Units Total: Yes
Furnished: No
Annual Rent: 2000

Description of Unit Type 2

Unit Type: 1 Bedroom
Units Total: 2
Furnished: Yes
Annual Rent: 2250

Description of Unit Type 3

Unit Type: 1 Bedroom
Units Total: 3
Furnished: No
Annual Rent: 2000

Description of Unit Type 4

Unit Type: 1 Bedroom
Units Total: 4
Furnished: No
Annual Rent: 1970

Description of Unit Type 5

Unit Type: 1 Bedroom
Units Total: 5
Furnished: No
Annual Rent: 2050

Price Calculations

Current Price To SqFt: 590.62

Section Details

Parcel Number MLX: 0001

Originating Details

Originating System Key: 541728789
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Laminate: Yes
Tile: Yes

Parking Features

Guest: Yes

Property Condition

Resale: Yes

Documents Available

Aerial Photo(s): Yes
Books & Records: Yes
Bylaws & Documents: Yes
Copy Of Lease(s): Yes
Investment Analysis: Yes
Rent Rolls: Yes

Tenant Pays

Gas: Yes
Oil: Yes

Location of Property

Corner Lot: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Natural Gas Connected: Yes

Building Features

Storage: Yes

Heating

Window/Wall: Yes

Sale Includes

Building: Yes
Fixtures: Yes
Furniture: Yes
Land: Yes
Leases: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Tile: Yes

Security Features

Fire Alarm: Yes
Smoke Detector(s): Yes
Other: Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes
Tax Return: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Call Listing Agent: Yes
Showing Service: Yes

Listing Office: Location3 International, LLC.

Last Updated: August - 08 - 2026

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759 Meridian, Miami Beach, FL 33139 (MLS# A12066561)