759 Meridian ,Income Non-waterfront for Sale & Rent

759 Meridian for Sale & Rent

Price $1,890,000.00

• Lot size 4200
• Year Build
• Waterfront
• Zip 33139
• Style
• Parking Description Additional Spaces Available, Guest
• Pool Yes
• Status Active

Description

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.

759 BUILDING INC CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 LESS E56FT BLK 59

Corner Lot

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.

City:Miami Beach,Zoning:4900,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7781539,Cooling Y N:1,Heating Y N:1,Lease Term:Annual Lease,Month To Month,Renewal Option,List Price:1890000,Listing Id:A12066561,Longitude:-80.1359085,Mls Status:Active,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.,Inclusions:Building & Land,Fixtures,Furniture, Furniture/Fixtures,Leases,Postal Code:33139,Street Name:Meridian,Coordinates:1:25.7781539,Photos Count:34,Business Type:1:Residential-Multi-Family,Days On Market:2,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:42,On Market Date:2026-08-06,Parcel Number:02-42-03-070-0001,Parking Total:5,Property Type:Commercial Sale,Stories Total:2,Street Number:759,Public Remarks: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.,Structure Type:1:Free Standing,County Or Parish:Miami-Dade County,Expiration Date:2026-11-06,List Office Name:Location3 International, LLC.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Parking Features:1:Guest,Postal Code Plus4:0000,Property Sub Type:Income/MultiFamily,State Or Province:FL,Unparsed Address:759 Meridian, Miami Beach FL 33139,Building Features:1:Storage,Listing Agreement:Exclusive Right To Sell,Security Features:1:Smoke Alarm,2:Smoke Detector(s),Year Built Details:Resale,Building Area Total:3200,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lease Considered Y N:1,Lot Size Square Feet:4200,M I A M I R E_ Flood Zone:AE,M I A M I R E_ Num Floors:2,M I A M I R E_ Num Meters:6,Number Of Buildings:1,Original List Price:1890000,Public Survey Range:42,Documents Available:1:Books & Records,2:Bylaws And Documents,3:Investment Analysis,4:Copy Of Lease(S),5:Rent Rolls,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks: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.,Financial Data Source:1:Tax Return,Listing Contract Date:2026-08-06,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,See Broker Remarks,Showing Assist,Street Number Numeric:759,Tax Legal Description:759 BUILDING INC CONDO OCEAN BEACH ADDN NO 3 PB 2-81 LOT 16 LESS E56FT BLK 59,Lease Renewal Option Y N:1,M I A M I R E_ Current Price:1890000,Public Survey Township:42,M I A M I R E_ Municipal Code:2,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Rare five-unit South Beach income property on a corner lot with strong rental income, parking for up to 10 cars, and upside potential.,M I A M I R E_ Parcel Number M L X:0001,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.778171$-80.135941$227.44$13.33$1.00$Z1Kohgq5Iax5kfbz9AE0JQ,Contract Status Change Date:2026-08-06,Internet Address Display Y N:1,Number Of Units In Community:5,M I A M I R E_ Ok To Advertise List:Yes - Attribution Required (Agent and Office),M I A M I R E_ Subdivision Number:70,M I A M I R E_ Agent Alternate Phone:305-979-9963,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:759 Meridian,