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$1,890,000

  • For Sale
  • Active
  • Commercial Multi-Family
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Prime investment opportunity in South Beach. This income-producing five-unit boutique building sits on a corner lot at Meridian Avenue and 8th Street, one of the most picturesque and desirable residential locations in Miami Beach. The property offers strong upside potential and is zoned 4900 Multi-Family with a 1.25 FAR,potential for up to approx 5,250 square feet of buildable area. An excellent candidate for redevelopment, condo deconversion to multifamily, or value-add renovations to increase rental income. Great for a 1031 buyer and provides stable rental income, with historically high occupancy throughout ownership. The property includes five tandem, partially covered parking spaces accommodating up to 10 cars. A rare and versatile South Beach asset within walking distance of the beach, Flamingo Park, shops, restaurants, and the sought-after South of Fifth neighborhood.

Full Property Details for 759 Meridian

General

  • Price: $1,890,000
  • Status: Active
  • Type: Commercial Multi-Family
  • Source: Greater_Miami
  • MLS ID: A12066561
  • Updated: 8/7/2026
  • Added to Site: 14 day(s) ago

Business

  • Business Type: Condominium, Residential-Multi-Family

Rental Information

  • Lease/Rent Term: Annual Lease, Month To Month, Renewal Option

Interior

  • Flooring: Tile

Additional Information

  • Security/Safety: Other Fire Protection, Smoke Alarm, Smoke Detector(s)

Parking

  • Total Spaces: 5
  • Parking Features: Additional Spaces Available, Guest

Location

  • County: Miami-Dade County
  • Driving Directions: From Alton Road, head east on 8th Street toward Meridian Avenue. The property is located on the corner of 8th Street and Meridian Avenue. Look for the boutique building with partially covered parking.

Community

  • Units Assoc/Comm: 5

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall/Window Units

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • # Buildings: 1
  • Structure Type: Commercial Condo, Free Standing
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Tile Roof
  • Windows: Partial Impact Glass
  • Stories/Levels: 2
  • Building Size: 3200
  • Current Bldg. Use: Income Non-Waterfront
  • Other Struct. Feat.: Natural Gas, Storage

Unit Information

  • Units in Complex: 5

Lot Features

  • Lot Size (Sq. Ft.): 4,200
  • Lot Features: Corner Lot
  • Zoning: 4900

Financial Considerations

  • Terms: All Cash, Conventional/Refinance
  • Tenant Pays: Gas

Disclosures and Reports

  • Special Conditions: Sale
  • Documents Avail.: Aerial Photo(S), Books & Records, Bylaws And Documents, Investment Analysis, Copy Of Lease(S), Rent Rolls
  • Legal Description: 759 BUILDING INC CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 LESS E56FT BLK 59
  • Inclusions: Building & Land, Fixtures, Furniture, Furniture/Fixtures, Leases
  • Property ID: 02-42-03-070-0001

Listed by Location3 International, LLC.

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Listing agent

— 759 Meridian —

  • Location3 International, LLC.

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 759 Meridian

School District:Dade County School District
NameGradesDistance
South Pointe Elementary School
1050 4th Street, Miami Beach, FL 33139
PK-50.4 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.5 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.5 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 759 Meridian Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2026
Listed
$1,890,000
96.88%
MLS
6/17/2022
Sold
$960,000
—
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 759 Meridian

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,780
2%
$254,780
—
2024
$4,679
11%
$254,780
14%
2023
$4,223
60%
$223,491
64%
2021
$2,634
-7%
$136,400
-12%
2022
$2,846
—
$154,132
8%
2019
$2,847
9%
$142,166
10%
2018
$2,605
2%
$129,242
-21%
2017
$2,558
7%
$163,380
53%
2016
$2,400
21%
$106,812
10%
2015
$1,979
3%
$97,102
10%
2014
$1,922
18%
$88,275
10%
2013
$1,632
—
$80,250
—
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.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Location3 International, LLC.

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759 Meridian, Miami Beach, FL 33139 (MLS# A12066561) is a Commercial Multi-Family property. 759 Meridian is currently listed for $1,890,000 and was received on August 06, 2026. Want to learn more about 759 Meridian? Do you have questions about finding other Commercial Multi-Family 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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