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$4,300,000

  • For Sale
  • Active
  • Apartment
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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.

Full Property Details for 934 Meridian Ave

General

  • Price: $4,300,000
  • Status: Active
  • Type: Apartment
  • Source: Greater_Miami
  • MLS ID: A12056657
  • Updated: 7/20/2026
  • Added to Site: 21 day(s) ago

Business

  • Business Type: Apartments

Location

  • County: Miami-Dade County

Community

  • Units Assoc/Comm: 16

Structural Information

  • Structure Type: Unimproved Interior
  • Detached/Attached: Detached
  • Building Size: 8807
  • Year Built: 1959

Unit Information

  • Units in Complex: 16

Lot Features

  • Lot Size (Sq. Ft.): 7,000
  • Zoning: 3900

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: 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
  • Property ID: 02-42-03-009-4370

Listed by Beachfront Realty Inc

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Listing agent

— 934 Meridian Ave —

  • Beachfront Realty Inc

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 934 Meridian Ave

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.5 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.4 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.3 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 934 Meridian Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/09/2026
Listed
$4,300,000
36.51%
MLS
4/11/2023
Sold
$3,150,000
—
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 934 Meridian Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$52,341
4%
$2,790,000
—
2024
$50,314
—
$2,800,000
4%
2023
$50,153
12%
$2,700,000
2%
2022
$44,903
4%
$2,650,000
19%
2021
$43,096
-3%
$2,232,000
9%
2019
$44,619
9%
$2,049,740
10%
2018
$40,848
23%
$1,863,400
2%
2017
$33,210
10%
$1,830,000
19%
2016
$30,243
9%
$1,540,000
10%
2015
$27,737
3%
$1,400,000
6%
2014
$26,819
10%
$1,320,000
10%
2013
$24,404
—
$1,200,000
—
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 Beachfront Realty Inc

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934 Meridian Ave, Miami Beach, FL 33139 (MLS# A12056657) is a Apartment property. 934 Meridian Ave is currently listed for $4,300,000 and was received on July 09, 2026. Want to learn more about 934 Meridian Ave? Do you have questions about finding other Apartment 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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