759 Meridian Ave, Miami Beach FL 33139

Description

Prime Investment Opportunity in South Beach! This income-producing 5-unit boutique building sits on a corner lot at Meridian Ave and 8th Street, one of the most picturesque and desirable locations in Miami Beach. Offering tremendous upside potential, the property is zoned 4900 Multi-Family with a FAR of 1.25, allowing for up to 5,250 sq. ft. of buildable area. A prime candidate for redevelopment, condo deconversion to multi-family, or value-add renovations to increase rental income. Recent updates provide solid rental potential, with 5 tandem partially covered parking spaces accommodating up to 10 cars. An incredible asset in South Beach. Tenants enjoy the convenience of walking to beaches, shops, restaurants, parks, and the sought-after South of Fifth neighborhood

This income/multifamily home located at 759 Meridian Ave, Miami Beach FL 33139 is currently for sale and it is a new listing on Brickellsold listed today. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1968. 759 Meridian Ave, Miami Beach FL 33139 is in Miami Beach neighborhood Miami-Dade County.