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Active - Quadruplex for sale

1508 Meridian Ave, Miami Beach FL 33139

1,776 sqft

Facts & features

Quadruplex Property type
184 days on Beycome
1935 Year built
$676 Price/Sqft.
$1,390/mo HOA

Why you’ll love it

This offering represents the acquisition of four contiguous condominium units within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex located 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 units The subject offering includes 100% of the units within the central building at 1508 Meridian Avenue (Units 3, 4, 9 & 10). Folio:02-3234-228-0100 Folio:02-3234-228-0090 Folio:02-3234-228-0040 Folio:02-3234-228-0030 Total Annual Gross Income: $91,200 Annual 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.

Translating description...

Listings courtesy of Sermoneta Real Estate Group Corp.

Listed by: Alberto Sermoneta • 786-612-9433 • Sermoneta Real Estate Group Corp

Co-listed by: Sermoneta Real Estate Group Corp

Source: Miami MLS, MLS#: A12018363 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$780,000$1,620,000
1%20%
0%90%
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Estimated monthly payment

$8,574/mo

  • Mortgage$6,068
  • Property tax$1,117
  • HOA fee
  • Homeowners insurance
Due at closing$954,000
Down payment held in escrow$240,000
Closing costs$18,000
beycome credit Est.$24,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About The Castle Meridian Condo

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$1,200,000 Listed price

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$24,000 Credit back

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