FL > Miami Beach
Miami Beach, FL 33139,538 Meridian Ave
Miami Beach, FL 33139,538 Meridian Ave
Miami Beach, FL 33139,538 Meridian Ave
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Wed
14
May
Thu
15
May
Fri
16
May
Bernadette Bunch

Bernadette Bunch

+1(772) 200-4191
$12,500,000
Est. payment /mo
Save Virtual Tour

UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID A11794468

HOA Y/N No

Annual Tax Amount $79,555

Tax Year 2024

Property Description

12 Units, 2 BD, 16 BA, 24 Beds, 18,301 SQFT. Located in the heart of South Beach, walk to Collins Ave. Shopping District & Ocean Drive. Blocks away from Lincoln Road Mall, and Miami Beach Convention Center. The property is situated 5 miles northeast of Downtown Miami and 10 miles east of Miami Int'l Airport. Property is leased to a hospitality group and its a boutique hotel. This is a smoke-free building with a parking garage. The units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave and washer and dryers. Units are fully furnished with modern furnishings throughout and beautifully decorated. Licensed for short term rentals. Cap Rate 5% (based on seller's master lease income with tenant, not hospitality's income).

Location

State FL

County Miami-dade

Area 42

Exterior

Utilities Available Cable Available, Electricity Available, Phone Available, Trash Collection, Water Available

Present Use Other

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Other

Water Public

Others

Tax ID 02-42-03-009-4930

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11794468

Read Less Info
Listed by Pulse Int'l Realty FL Inc
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(772) 200-4191

bernadette@bernadettebunch.com

3591 NW FEDERAL HWY, JENSEN BEACH, Florida, 34957, USA

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of BERNADETTEBUNCH GROUP, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

538 Meridian Ave