This offering represents the acquisition of four contiguous condominium unitswithin The Castle Meridian Condominium, a boutique 12-unit Art Deco complexlocated in the heart of South Beach.The condominium is composed of three adjacent buildings: 1506 Meridian Avenue - 4 units 1508 Meridian Avenue - 4 units 1510 Meridian Avenue - 4 unitsThe subject offering includes 100% of the units within the central building at 1508Meridian Avenue (Units 3, 4, 9 & 10).Folio:02-3234-228-0100Folio:02-3234-228-0090Folio:02-3234-228-0040Folio:02-3234-228-0030Total Annual Gross Income: $91,200Annual Operating Expenses (HOA + Property Taxes) $30,114.32 The 40-Year Certification process is currently in its final phase of completion. All special assessments will be paid in full by the Seller at closing.
| MLS # | A12018363 |
|---|---|
| Listing Type | For Sale |
| HOA Dues | $1,390 |
| Sub-Type | Resale |
| Status | Active |
| Year | 1935 |
| Days On Site | 172 |
| Listing Provided By | Sermoneta Real Estate Group Corp | Alberto Sermoneta |
| SQ Feet | 1,776 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | 0000 |
| Lot Features | Other |
|---|
| Tax Annual Amount | 13398 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2320 |
| Community Name | THE CASTLE MERIDIAN CONDO |
| Listing VS Median (in THE CASTLE MERIDIAN CONDO) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 1,776 low | high Med: 1,776 $ / sqft: $676 low | high Med: $676 On site: 172 low | high Med: 172 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33139 |
| Area | 2320 |
| Community Name | THE CASTLE MERIDIAN CONDO |
| Listing VS Median (in THE CASTLE MERIDIAN CONDO) | |
Price: $1,200,000 low | high Med: $1,200,000 sqft: 1,776 low | high Med: 1,776 $ / sqft: $676 low | high Med: $676 On site: 172 low | high Med: 172 | |