1770 Meridian Ave, Miami Beach FL 33139,Miami Beach,Miami-Dade County,Commercial Sale

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Commercial Sale Active

1770 Meridian Ave, Miami Beach FL 33139

$12,990,000

Overview

Property ID: A11538221

Income/MultiFamily
Property Type

1954
Year Built

Description

SOUTH BEACH – Income-producing, 31-unit apartment building in a strategic corner location between the Miami Beach Golf Club and Lincoln Road, across the street from the new 5.8 acre Pride Park, the Miami Beach Convention Center and City Hall. The two-story, courtyard property offers a mix of studios, one and two-bedroom units plus a laundry room in a lush, tropical garden setting. 22 studios, 4 one-bed, 5 two-bed units. RM-2 zoning allows for 14,000+ additional square footage in a world-class destination. Cash-flowing with high occupancy As-Is. Opportunity to renovate or redevelop for short term or long term rentals.