This offering represents the acquisition of four contiguous condominium unitswithin The Castle Meridian Condominium, a boutique 12-unit Art Deco complexlocated in the heart of South Beach.The condominium is composed of three adjacent buildings:• 1506 Meridian Avenue – 4 units• 1508 Meridian Avenue – 4 units• 1510 Meridian Avenue – 4… Read More unitsThe subject offering includes 100% of the units within the central building at 1508Meridian Avenue (Units 3, 4, 9 & 10).Folio:02-3234-228-0100Folio:02-3234-228-0090Folio:02-3234-228-0040Folio:02-3234-228-0030Total Annual Gross Income: $91,200Annual Operating Expenses (HOA + Property Taxes) $30,114.32• The 40-Year Certification process is currently in its final phase of completion.• All special assessments will be paid in full by the Seller at closing. Read Less
Courtesy of Sermoneta Real Estate Group Corp 954-663-2055
Listing Snapshot
Days Online
30
Last Updated
Property Type
Multi Family
Square Ft.
7,500
Lot Size
0.17 Acres
Year Built
1935
MLS Number
A12018961
30 Days Snapshot Of 33139
$940k
-46%
(avg) sold price
17
+240%
homes sold
136
-6%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1935, Toal building area: 7500, 4 total units
Home Owner's Association
Association fee: $1,390, Association fee frequency: Monthly
Lot
0.17 acres
Property
Zoning: 0000
Taxes
Annual amount: $13,398
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