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.
Property Details
Property Features
Property Information:
Architectural Style: Split Level
Year Built: 2011
Living Area: 952 SqFt
Listing Office:
Office Name: Douglas Elliman
Office Phone: (305) 695-6300
Listing Agent: David Nguah
Interior Features
Interior Information:
Appliances: Dishwasher, Electric Range, Ice Maker, Microwave
Flooring Type: Other
Interior: Breakfast Bar, Entrance Foyer, Living/Dining Room, Upper Level Primary
Bedroom and Bathroom Information:
Full Bathrooms: 2
Total Bedroom Count: 2
Exterior Features
Exterior Information:
View: None
Exterior: Balcony
Parking Information:
Garage Space: 1 space
Parking: Assigned, One Space
Utilities
Utilities Information:
Heating: Central, Electric
Cooling: Central Air, Electric
Other
Directions Information:
Directions: on the corner of 5th and Meridian Avenue GPS
Price Information
Listing Price Info
Price Summary:
List Price: $999,000
Price Per SqFt: $1,049/SqFt
HOA Fees:
Amount: $814
Frequency: Monthly
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Miami Beach, FL.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,867
Per Month
Principal & Interest
$4,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$814
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,062
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.22 miles
Public District Grades PK-5
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.85 miles
Public District Grades PK-5
9
/10
Miami Children's Museum Charter School
980 MacArthur Cswy
Distance between this listing and this school2.64 miles
Public Charter Grades KG-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.81 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.34 miles
Public Magnet Grades PK-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school4.65 miles
Public Charter Grades KG-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.78 miles
Public District Grades 9-12
10
/10
Mast Academy
3979 Rickenbacker Cswy
Distance between this listing and this school3.12 miles
Public Magnet Grades 6-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school3.53 miles
The neighbors living near this home have an average income of $64,453. The majority of Miami Beach, FL residents have income between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 421 Meridian Ave Unit 16
What is the listing price of this property?
The listing price of 421 Meridian Ave Unit 16 property is $999,000.
What type of property is this?
The property 421 Meridian Ave Unit 16 is a condo located in Miami Beach, Florida, 33139.
Is this property for sale now?
Active Listing: 421 Meridian Ave Unit 16 is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 421 Meridian Ave Unit 16 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 421 Meridian Ave Unit 16 is 952 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 421 Meridian Ave Unit 16 is 2011.
This home is located at 421 Meridian Ave Unit 16 in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 952 square foot home was built in 2011. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $999,000.
Miami Beach, FL housing market in November 2024 saw over 2 listings sold above listed price, more than 6 sold at listed price and over 65 sold below. The number of listings in Miami Beach, FL increased by 14.3% between October 2024 and November 2024. In November 2024 median list price was $617,500 and the average listing age was 97 days.
From Rocket Homes Real Estate and based on county public records data.