4 months on rocket

525 Meridian Ave Unit 406, Miami Beach, FL, 33139

$271,000

Home List Price

$3,218*

Closing Credit

1 Bedroom
1 Full Bath
590 SqFt
$459/SqFt
Condo

Location

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525 Meridian Ave Unit 406, Miami Beach$271,000

Buyer Closing Credits

$3,218*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built1969
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11632843
StatusActive

About 525 Meridian Ave Unit 406

GREAT FOR INVESTOR 1/1 MIAMI BEACH ONE PARKING SPACE . OK TO RENT !!! SECURE GATED PERFECT LOCATION JUST OFF 5THST 4 BLOCKS FROM OCEAN DR. NEW FLOOR PAINTED . EASY TO SHOW !!!! CENTRAL A/C BALCONY REAR.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1969
  • Living Area: 590 SqFt

Listing Office:

  • Office Name: United Realty Group Inc
  • Office Phone: (954) 450-2000
  • Listing Agent: Justino Ferret

Interior Features

Interior Information:

  • Appliances: Gas Range, Microwave, Refrigerator
  • Flooring Type: Ceramic Tile, Laminate
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Virtual/3D Tour

  • Virtual Tour: 525 Meridian Ave Unit 406
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Google it.

Price Information

Listing Price Info

Price Summary:

  • List Price: $271,000
  • Price Per SqFt: $459/SqFt

HOA Fees:

  • Amount: $402
  • 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

525 Meridian Ave Unit 406 vs Miami Beach

140 DAYS ON ROCKET

+43 Days

$271,000

-$346.5K Less

$459/SqFt

-$146 Less

KEY TAKEAWAY

This property is $346.5K less than the Median Sold Price and $146/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: #A11632843

Listing Office:

  • Office Name: United Realty Group Inc
  • Office Phone: (954) 450-2000
  • Listing Agent: Justino Ferret

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: 12/18/2024, 2:20:52 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

$1,822

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$879

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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.

Nearby Schools

school-card-donut-8282
6
/10
  • South Pointe Elementary School

  • 1050 4th St

  • 0.25 miles

  • Public District Grades PK-5

school-card-donut-8283
5
/10
  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.79 miles

  • Public District Grades PK-5

school-card-donut-8284
9
/10
  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.62 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,936. Most Miami Beach, FL residents have annual incomes less than $35k. The most common type of family is single, no kids. 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 525 Meridian Ave Unit 406

What is the listing price of this property?

The listing price of 525 Meridian Ave Unit 406 property is $271,000.

What type of property is this?

The property 525 Meridian Ave Unit 406 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 525 Meridian Ave Unit 406 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 525 Meridian Ave Unit 406 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 525 Meridian Ave Unit 406 is 590 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 525 Meridian Ave Unit 406 is 1969.

Rocket HomesFloridaMiami-Dade CountyMiami Beach33139525 Meridian Ave Unit 406

This home is located at 525 Meridian Ave Unit 406 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 590 square foot home was built in 1969. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 31, 2024 and is currently priced at $271,000.

In November 2024, from all listings sold in Miami Beach, FL there were more than 2 sold above asking price, over 65 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Miami Beach, FL between October 2024 and November 2024 increased by 14.3%. In November 2024, listings were on the market for 97 days. During the same period, the median list price in this real estate market was $617,500.

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

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