421 Meridian Ave #15
Overview
Rare opportunity to own a unique two-story penthouse fully furnished in the heart of South of Fifth, one of Miami Beach’s most desirable neighborhoods, just four blocks from the beach. This residence features 2 bedrooms, 2 bathrooms, high ceilings, a balcony on the first level, and a private rooftop terrace on the second level, ideal for relaxing or entertaining. Located in an intimate boutique building with a swimming pool, the property offers privacy, comfort, and an exceptional location near South Pointe Park, the marina, restaurants, cafés, shopping, and the beach. The building allows rentals up to 12 times per year, providing flexibility for investors and end users. The unit is currently rented month-to-month for $6,500 per month, offering immediate rental income and future occupancy flexibility.
Property Details
- MLS#A12051816
- Home TypeCondominium
- Year Built2011
- Interior1,013 SqFt
- Price / sqft$1,273
- Listed2026-07-10
- Days on Market5
- BuildingMERIDIAN 5 CONDO
- SubdivisionMERIDIAN 5 CONDO
- CountyMiami-Dade County
- Garage2 spaces
- Annual Taxes$17,752 (2025)
- HOA$892/Monthly
Features & Amenities
- Interior FeaturesWalk-In Closet(s)
- Exterior FeaturesOpen Balcony
- AppliancesDishwasher, Dryer, Microwave, Refrigerator, Washer
- FlooringTile
- CoolingCentral Air
- HeatingCentral
- ConstructionCBS Construction
- SecurityComplex Fenced, Elevator Secure, Card Entry, Secured Garage/Parking, Intercom In Lobby, TV Camera
- Parking2 Or More Spaces, Assigned, Covered
- Patio/PorchOpen Balcony, Patio
- ViewGarden View, Other View, Skyline
- Architectural StyleCorner Unit, High Rise
Schools
- ElementarySouth Pointe
- Middle SchoolNautilus
- High SchoolMiami Beach
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Map & Neighborhood
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