Brad Glowe - Arterra Realty Logo
$1,890,000
 $10,146 est/mo Sourced by Back At You

759 Meridian,Miami Beach, FL 33139

Miami Beach, FL 33139

Share:

PreviousNext

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.

Details

MLS #A12066561
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site51
Listing Provided ByLocation3 International, LLC. | Uri Redler

Features

SQ Feet3,200
Story(s)2
Units5
Building(s)1
Zoning4900
Acreage0.10

Exterior

Lot FeaturesCorner Lot

Parking

Parking FeaturesGuest

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Listing VS Median (in 33139)
Price:
$1,890,000
low | high
Med:
$159,750
100% of Average
sqft:
3,200
low | high
Med:
6,908
65.875% of Average
$ / sqft:
$591
low | high
Med:
$24
100% of Average
On site:
51
low | high
Med:
132
38.636363636364% of Average
Sourced by Back At You

Market Activity 33139

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Arterra at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33139
Area2420
Listing VS Median (in 33139)
Price:
$1,890,000
low | high
Med:
$159,750
100% of Average
sqft:
3,200
low | high
Med:
6,908
65.875% of Average
$ / sqft:
$591
low | high
Med:
$24
100% of Average
On site:
51
low | high
Med:
132
38.636363636364% of Average
Sourced by Back At You
Listing Updated: September 10, 2026 at 8:58:13 PM PDT