Property Details
| Asking Price | $1,299,000 |
|---|---|
| Price per SqFt | $1,165 |
| Maintenance Fee | $948 Monthly |
| Property Taxes | $14,040 2025 |
| Interior Space | 1,115 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2011 |
| MLS # | A12092729 |
Location
From the listing
SoFi Penthouse Loft with Private Rooftop. Buy with income in place, or take possession vacant with 60 days' notice. The top-floor penthouse at Meridian 5, a 20-unit boutique building three blocks from the beach in South of Fifth. This tri-level corner loft offers 1,115 sf of interior space, 20-ft ceilings with double-height glass, a primary suite with its own terrace, and a private rooftop terrace of 600+ sf with skyline views. Sold fully furnished with motorized shades and a modern kitchen, plus one deeded covered parking space. Heated pool, elevator and gated entry in a 2011 building. Association permits leases of 30 days or more, up to 12 per year (buyer to verify). A rare combination of size, privacy, outdoor space, and location, this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $948 a month; taxes $14,040 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · Meridian 5 Lofts Unit 21
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A2073053 | $925,000 | 6/2/15 |
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 · This unit (21) is asking $1,165/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 |
| 16 | $870,000$914/SqFt | 92% | 10/31/25 |
| 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 |
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 21, 421 Meridian Avenue · MLS A12092729 · $1,299,000
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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. Unit 21 asks $1,165 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.