$2,400,000list price
0 ba 2 to 4 units
5445 COLLINS AVE, MIAMI BEACH, FL 33140
Listing courtesy of Golden Keys Inc. MLS# A12029398.On the MLS · Listed Jun 21
$2,400,000
1438 MERIDIAN AVE, MIAMI BEACH, FL 33139
0 baths4,644 sq ft2 to 4 unitsBuilt 1936
Updated today, November 3, 2026This home against Miami Beach
$517 per sq ft, 26% under the Miami Beach median
154 days on the market
$24,505 in property taxes (2025)
Miami Beach today: 1,853 homes for sale, median list price $659,000.
About this home
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.
Zoned schools
Elementary: Miami Beach Fienberg/Fisher K-8 Center
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Polo Park, 0.9 mi
Beach: Miami Beach, 1.6 mi
Grocery: Publix, 1.1 mi
Distances from the center of MIAMI BEACH.
Listing courtesy of Fortune International Realty. MLS# A12023899.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed June 2, 2026.
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