2 months on rocket

Backup Offers

1051 Meridian Ave Unit 1K, Miami Beach, FL, 33139

$249,000

Home List Price

$2,957*

Closing Credit

1 Bedroom
1 Full Bath
540 SqFt
$461/SqFt
Condo

Location

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1051 Meridian Ave Unit 1K, Miami Beach$249,000

Buyer Closing Credits

$2,957*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn Street
Year Built1937
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewGarden
MLS #A11666971
StatusAccepting Backup Offers
(Active Under Contract)

About 1051 Meridian Ave Unit 1K

Discover this spacious one-bedroom, one-bathroom unit nestled in a beautiful Art Deco building on the coveted tree-lined Meridian Ave. Featuring a large kitchen that flows seamlessly into the living area, this home boasts high ceilings and an abundance of natural light, making it feel even more expansive than it is. Central A/C. Enjoy the convenient comfort of an ensuite bathroom. Located directly across from Flamingo Park, you’ll have access to fantastic amenities including a pool, gym, dog park, racquetball courts, and 19 clay tennis courts. Plus, you’re just a short walk from the best of South Beach! Please see Broker Remarks

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish/Mediterranean
  • Year Built: 1937
  • Living Area: 540 SqFt

Listing Office:

  • Office Name: Elite Ocean View Realty LLC
  • Office Phone: (305) 600-1278
  • Listing Agent: Teodoro Palmieri

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Wood
  • Interior: Bedroom on Main Level, Living/Dining Room, Main Living Area Entry Level, Tub Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Fence

Parking Information:

  • Parking: On Street

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,000
  • Price Per SqFt: $461/SqFt

HOA Fees:

  • Amount: $566
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

1051 Meridian Ave Unit 1K vs Miami Beach

87 DAYS ON ROCKET

-10 Days

$249,000

-$368.5K Less

$461/SqFt

-$144 Less

KEY TAKEAWAY

This property is $368.5K less than the Median Sold Price and $144/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11666971

Listing Office:

  • Office Name: Elite Ocean View Realty LLC
  • Office Phone: (305) 600-1278
  • Listing Agent: Teodoro Palmieri

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/23/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,876

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1270695
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.39 miles

  • Public District Grades PK-5

school-card-donut-1270696
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.61 miles

  • Public District Grades PK-5

school-card-donut-1270697
8
/10
  • North Beach Elementary School

  • 4100 Prairie Ave

  • 2.27 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $13,504. Residents of Miami Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1051 Meridian Ave Unit 1K

What is the listing price of this property?

The listing price of 1051 Meridian Ave Unit 1K property is $249,000.

What type of property is this?

The property 1051 Meridian Ave Unit 1K is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 1051 Meridian Ave Unit 1K is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 1051 Meridian Ave Unit 1K has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1051 Meridian Ave Unit 1K is 540 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1051 Meridian Ave Unit 1K is 1937.

Rocket HomesFloridaMiami-Dade CountyMiami Beach331391051 Meridian Ave Unit 1K

This home is located at 1051 Meridian Ave Unit 1K in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 540 square foot home was built in 1937. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $249,000.

While more than 2 listings in Miami Beach, FL in November 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 65 were sold below. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. While the average time on the market in November 2024 was 97 days, the median list price was $617,500.

From Rocket Homes Real Estate and based on county public records data.

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