Property Details
| Sold Price | $870,000 |
|---|---|
| Last Asking Price | $949,000 |
| Price per SqFt | $914 |
| Maintenance Fee | $814 Monthly |
| Property Taxes | $12,999 2023 |
| Interior Space | 952 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2011 |
| Closed Date | 10/31/2025 |
| MLS # | A11612949 |
Location
From the listing
Meridian 5 is a newer boutique property with only 20 modern 2-story lofts. Unit #16, a 952 SF 2/2 loft, features soaring 18-foot ceilings, floor-to-ceiling impact-resistant windows, and double-height glass walls in the living room, flooding the space with natural light. Enjoy a Nolte kitchen with stainless steel appliances, quartz countertops, and contemporary bathrooms. The unit boasts a walk-in closet and a spacious private rooftop terrace, offering stunning views of South Beach and the Miami skyline. Building amenities include a swimming pool, gated and covered parking. Located in the heart of South of Fifth, close to the beach, dining, and nightlife. Short-term rentals of 30 days are allowed, with up to 12 rentals per year.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $814 a month; taxes $12,999 for 2023. MLS figures, which may not be accurate.
Sales History for This Unit · Meridian 5 Lofts Unit 16
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10246415 | $625,000 | 8/11/17 |
What Other Units Have Been Selling For at Meridian 5 Lofts
1 unit sold at Meridian 5 Lofts in the last 12 months at an average of $1,076/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 15 | $1,090,000$1,076/SqFt | 84% | 8/19/26 |
| 8 | $875,000$930/SqFt | 97% | 1/31/24 |
| — | $835,000$913/SqFt | 93% | 8/14/23 |
| 10 | $750,000$798/SqFt | 100% | 5/3/22 |
| 15 | $1,280,000$1,264/SqFt | 95% | 5/2/22 |
| 15 | $625,000$617/SqFt | 89% | 3/29/21 |
| 8 | $625,000$664/SqFt | 90% | 12/21/18 |
| 16 | $625,000$657/SqFt | 93% | 8/11/17 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Meridian 5 Lofts Unit 16, 421 Meridian Avenue · MLS A11612949 · Sold Oct 2025
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Meridian 5 Lofts
At Meridian 5 Lofts, 2 of 20 units are for sale and 1 sold in the last 12 months at an average of $1,076 per SqFt. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.