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421 Meridian Ave # 15, Miami Beach FL 33139

Condo/Co-op For Sale
$1,290,000

BTC: 20.15625000

ETH: 808.93465188

1 days
2 bds
2 ba
1,013 sqft

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.

Location

Florida • Miami Beach • 33139 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Covered
Year Built:
2011
Lot:
No Data
Heating:
Central
Price/sqft:
$1,273
Cooling:
Central Air
HOA:
$892

Valuation

Our model vs. what's actually selling nearby.
Estimate
$544,900
$359K – $742K
Confidence Low
List vs. estimate
$745K above estimate
List $1,290,000 · +136.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,273
+114.3% vs. city median $594
Based on
1347 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $1.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$17,752
2025
HOA
$892/mo
View
Garden View, Other View
Garage
2 car garage
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Covered

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 02-42-03-354-0140

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $892

    • HOA Frequency: Monthly

    • Annual tax amount: $17,752

  • Source details

    • MLS ID: A12051816

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony / Patio

    • Window Features: Complete Impact Glass

    • Architectural Style: Corner Unit / High Rise

    • Garage Spaces: 2

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 1013

    • Subdivision Name: MERIDIAN 5 CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33139
995
median $552K
Active
Same city
Miami Beach
2,462
median $629K
Active
Same type
Condo/Co-op
1,826
median $517K
Active
Similar price
$903K – $1.7M
312
median $1.2M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty