934 Meridian Avenue, Miami Beach, FL 33139,Miami Beach,Miami-Dade,Commercial Sale

$4,300,000

Description

Rare South Beach multifamily investment opportunity at 934 Meridian Avenue. This two-story, 16-unit property features 14 studios and two one-bedroom/one-bath residences, totaling 8,807 SF on a 7,000 SF lot. Offered at $4,300,000, the property generates a seller-provided annualized T-10 NOI of $221,799, representing a 5.16% current cap rate. A new roof and new water heater address two major capital items, allowing a future owner to focus on unit-level cosmetic improvements and potential rent growth. Zoned RM-1 and ideally located on a beautiful tree-lined street near Flamingo Park, Washington Avenue, Lincoln Road, Española Way, Ocean Drive and the beach. Offering Memorandum and financial information available upon request.

Address

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Address: Meridian
City: Miami Beach
State/county: Miami-Dade
Zip/Postal Code: 33139
Area: Miami Beach

Details

Updated on July 21, 2026 at 1:51 am

Property ID A12056657
Price $4,300,000
Land Area 0.16 Sq Ft
Year Built 1959
Type Multi Family
Property Status Commercial Sale

Additional details

BuildingAreaTotal 8807
CLIP 7341060175
ContractStatusChangeDate 2026-07-20
CumulativeDaysOnMarket 11
CurrentPrice 4300000
DaysOnMarket 11
DaysOnMarketReplication 11
DaysOnMarketReplicationDate 2026-07-20
DaysOnMarketReplicationIncreasingYN 1
DocumentsChangeTimestamp 2026-07-20T14:40:15.000-00:00
DocumentsCount 0
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 786-287-3633
ListAgentEmail marilinamiami@gmail.com
ListAgentFirstName Marilina
ListAgentFullName Marilina R Apfelbaum
ListAgentKey 26740786
ListAgentKeyNumeric 26740786
ListAgentLastName Apfelbaum
ListAgentMiddleName R
ListAgentMlsId SEF0662372
ListAgentNationalAssociationId 279506376
ListAgentOfficePhone 305-405-0615
ListAgentPreferredPhone 786-287-3633
ListAgentStateLicense 0662372
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail beachfrontnews@beachfrontonline.com
ListOfficeKey 5903906
ListOfficeKeyNumeric 5903906
ListOfficeMlsId SEFROBR01
ListOfficeName Beachfront Realty Inc
ListOfficePhone 305-405-0615
ListingAgreement Exclusive Right To Sell
ListingContractDate 2026-07-09
ListingKey 1177606390
ListingKeyNumeric 1177606390
LotSizeArea 7000
MLSAreaMajor 2420
MajorChangeTimestamp July 9, 2026 at 12:00am
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 20, 2026 at 11:10pm
OccupantType Call Agent
OnMarketDate 2026-07-09
OnMarketTimestamp 2026-07-09T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-20T19:09:33.300-00:00
OriginalEntryTimestamp July 20, 2026 at 03:29pm
OriginalListPrice 4300000
OriginatingSystemID M00000151
OriginatingSystemKey 625434090
OriginatingSystemListAgentMemberKey 1219866
OriginatingSystemListOfficeKey 1251571
OriginatingSystemModificationTimestamp 2026-07-20T19:09:33.300-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 0242030094370
Permission IDX
PhotosChangeTimestamp July 20, 2026 at 11:10pm
PhotosCount 12
PostalCity Miami Beach
PostalCode 33139
PostalCodePlus4 8472
PropertySubTypeAdditional Multi Family
PublicSurveyTownship 2
SourceSystemID TRESTLE
SourceSystemKey 1177606390
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp July 9, 2026 at 12:00am
StreetName Meridian
StreetNumber 934
StreetNumberNumeric 934
StreetSuffix Avenue
TaxLegalDescription 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 4 BLK 70 LOT SIZE 50.000 X 140 OR 10020 1445 0478 4
UniversalPropertyId US-12025-N-0242030094370-R-N
VideosCount 0
Zoning 3900