1 / 21—
Bedrooms
—
Bathrooms
4,644
Sq Ft
About This Property
PARKEDGE – Fully Renovated 6 UNIT South Beach Multifamily Investment. Rare opportunity to own a turnkey income property with Six 1-bed/1-bath units on Meridian Avenue, directly across from Flamingo Park in the heart of Miami Beach. This Art Deco building features six fully renovated units including 2 loft-style residences and 4 one-bedroom/one-bath apartments. Currently 100% occupied with strong rental upside as in-place rents remain below current market rates. All tenants hold annual leases providing stable income. Gut renovated building with all-new plumbing, electrical, HVAC systems, roof, and impact windows. Brazilian Cherrywood and wood flooring flows through every unit complemented by granite and quartz countertops. Upper-level units feature soaring cathedral-style ceilings. Stainless steel appliances, designer cabinetry, and in-unit washer/dryers complete the condo-level finishes. Situated near Lincoln Road, Española Way and 4 blocks to the beach, residents enjoy immediate access to Flamingo Park featuring 17 tennis courts, aquatic center, and tropical grounds. The building is surrounded by South Beach's finest dining, Art Basel, and world-class entertainment in one of Miami Beach's most famous neighborhoods. The building has completed its 40/50-year structural certification. Contact for complete financials, rent roll, and private showing.
Property Details
Mortgage Calculator
Estimated monthly payment (PITI) based on this property's data. Adjust values to explore scenarios.
Estimated Monthly Payment
$16,178/mo
Location
Similar Properties
2901 Indian Creek, Miami Beach FL 33140
5824 Alton Rd, Miami Beach FL 33140
4391 Collins Ave, Miami Beach FL 33140
300 Collins Ave # 3D, Miami Beach FL 33139
650 West Ave, Miami Beach FL 33139
4353 Alton Rd, Miami Beach FL 33140
© 2026 MIAMI Association of REALTORS® (MAOR). All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's in the MIAMI Association of REALTORS® cooperative agreement: Broward, Palm Beaches & St. Lucie REALTORS® and the Miami Association of REALTORS®.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Information is deemed reliable but not guaranteed.
Listing courtesy of Fortune International Realty. Data last updated June 5, 2026 at 03:01 AM.
REsource
Real Estate Source Company
Interested in this property? Contact us today for a private showing.
Mortgage Calculator
Estimated monthly payment (PITI) based on this property's data. Adjust values to explore scenarios.
Estimated Monthly Payment
$16,178/mo