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$1,299,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • 1,115 Sq. Ft.
  • Updated 3 days ago
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Rare South of Fifth Penthouse Loft | Exceptional Investment & Second-Home Opportunity Discover sophisticated Miami Beach living in this expansive three-story penthouse loft, the largest and most private residence at Meridian 5, ideally located in the coveted South of Fifth neighborhood. Just three blocks from the beach and moments from some of Miami Beach's finest dining, shopping, and entertainment, this exceptional residence offers the perfect blend of privacy, space, and location. Fully furnished and filled with natural light, the residence features dramatic 20-foot ceilings, motorized shades, and a modern kitchen with stainless steel appliances. The thoughtfully designed three-level layout includes a private lower-level bedroom and full bath, a spacious Primary Suite with its own private terrace, and an exclusive rooftop deck offering breathtaking views of the Miami skyline. Residents enjoy access to a sun-drenched pool, along with deeded covered parking-an exceptional convenience in South of Fifth. With the flexibility to serve as a luxurious primary residence, second home, or investment property, the unit offers rental potential of up to 12 times per year, providing an attractive opportunity in one of Miami Beach's most sought-after neighborhoods. A rare combination of size, privacy, outdoor space, and location, this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.

Full Property Details for 421 Meridian Ave #21

General

  • Price: $1,299,000
  • HOA FEE: $948/month
  • Taxes: $14,040 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A12092729
  • Updated: 9/22/2026
  • Added to Site: 5 day(s) ago

Interior

  • Interior Features: First Floor Entry, Built-in Features, Volume Ceilings
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bedroom Upstairs

Other Rooms

  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bike Storage, Elevator(s), Pool
  • Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Landscaping/Lawn Maintenance, Manager, Reserve Fund, Sewer, Trash Removal, Water
  • Security/Safety: Complex Fenced, Card Entry, TV Camera

Exterior

  • Exterior Features: East Of Us1, Courtyard
  • Deck/Patio: Patio

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space

Location

  • Area: Meridian 5 Condo
  • County: Miami-Dade County
  • Subdivision: MERIDIAN 5 CONDO
  • Building Name: MERIDIAN 5 CONDO

School Information

  • Elementary School: South Pointe
  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Meridian 5 Condo
  • Association: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Corner Unit, Penthouse
  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Windows: Clear Impact Glass, Blinds
  • Doors: High Impact Doors
  • Entry Floor Number: 4
  • Building Size: 1115
  • Square Feet: 1,115
  • Living Area: 1,115 Sq. Ft.
  • Year Built: 2011

Lot Features

  • Property View: Skyline

Financial Considerations

  • Price Per Sq. Ft.: $1,165.02
  • Association Fee: $948
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $14,040
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: MERIDIAN 5 CONDO UNIT 21 UNDIV 5.0264 % INT IN COMMON ELEMENTS OFF REC 27845-0856
  • Restrictions: Ok To Lease
  • Property ID: 02-42-03-354-0200

Listed by Douglas Elliman

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Listing agents

— 421 Meridian Ave #21 —

  • Douglas Elliman

  • Douglas Elliman

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 421 Meridian Ave #21

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.2 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.8 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 421 Meridian Ave #21 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/21/2026
Listed
$1,299,000
40.43%
MLS
6/01/2015
Sold
$925,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 421 Meridian Ave #21

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,644
11%
$730,269
-28%
2024
$14,151
9%
$1,008,168
5%
2023
$12,964
6%
$960,160
51%
2021
$12,251
19%
$637,980
16%
2022
$10,309
-16%
$548,663
-16%
2021
$12,251
-3%
$651,000
—
2019
$12,615
4%
$651,000
1%
2018
$12,129
-12%
$645,001
-16%
2017
$13,846
7%
$767,858
15%
2016
$12,970
55%
$667,702
44%
2015
$8,394
-2%
$464,087
1%
2014
$8,538
2%
$460,404
2%
2013
$8,407
—
$453,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Douglas Elliman

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421 Meridian Ave #21, Miami Beach, FL 33139 (MLS# A12092729) is a Condo property with 2 bedrooms and 2 full bathrooms. 421 Meridian Ave #21 is currently listed for $1,299,000 and was received on September 21, 2026. Want to learn more about 421 Meridian Ave #21? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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