Property Details
| Sold Price | $875,000 |
|---|---|
| Last Asking Price | $899,000 |
| Price per SqFt | $930 |
| Maintenance Fee | $800 Monthly |
| Property Taxes | $9,951 2022 |
| Interior Space | 941 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 2011 |
| Closed Date | 1/31/2024 |
| MLS # | A11467433 |
Location
From the listing
Enjoy the best South Beach lifestyle: sand, surf and strolls on palm tree-lined streets of the South of Fifth where you will find the best cafes and local spots --or jump in the action of the world-famous Ocean Drive! Location is key on this 2 bed 2 bath gorgeous contemporary fully furnished loft with floor-to-ceiling 18Ft windows, private balcony and one parking spot in a secure covered garage. Stainless steel appliances, wood floors, washer and dryer in the unit. Expect lush landscape, privacy, elevator and a sweet rooftop pool on this modern boutique building with only 20 units in the heart of Miami Beach. Have we mentioned the beach is down the street? Note this unit can be rented monthly, 12 times per year. Low HOA fee monthly.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $800 a month; taxes $9,951 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Meridian 5 Lofts Unit 8
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A10563037 | $625,000 | 12/21/18 |
| A1863958 | $525,000 | 2/20/14 |
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 |
| 16 | $870,000$914/SqFt | 92% | 10/31/25 |
| — | $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 Compass Florida, LLC. 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 8, 421 Meridian Avenue · MLS A11467433 · Sold Jan 2024
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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 8 sold at $930 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.