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842 Meridian Ave # 3D, Miami Beach FL 33139

Condo/Co-op For Sale
$160,000

BTC: 1.89080596

ETH: 60.37735849

-$12K (2026/08/28)
83 days
1 bds
1 ba
470 sqft

Overview

Exceptional Miami Beach Opportunity, PRICED TO SELL AT $160,000! The property was originally purchased for $230,000 and is now being offered at a significant discount, presenting an attractive opportunity to own in Miami Beach at an exceptional price point. The price reflects the condominium's current building status, including a pending building recertification and the possibility of a future special assessment. Buyer is encouraged to conduct independent due diligence regarding the building's financial and structural condition. Bright and charming corner 1-bedroom, 1-bath residence located on the top floor of the Patricia Condominium, a classic Art Deco building in the heart of Miami Beach. Enjoy beautiful garden and Miami skyline views, plus stunning sunsets. Ideally located just minutes from the beach and only two blocks from Flamingo Park, with easy access to dining, shopping, entertainment, and more. The unit is currently leased for $1,700/month through April 2, 2027, offering immediate rental income.

Location

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

Details

Type:
Residential
Parking:
On Street
Year Built:
1925
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$340
Cooling:
Wall/Window Unit(s)
HOA:
$649

Valuation

Our model vs. what's actually selling nearby.
Estimate
$225,000
$163K – $318K
Confidence Low
List vs. estimate
$65K below estimate
List $160,000 · -28.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$340
-43.6% vs. city median $603
Based on
202 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $392K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,037
2025
HOA
$649/mo
View
Garden View
All facts and features

  • Flooring

    • Parquet

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

    Appliances

    • Dishwasher

    • Electric Range

    • Microwave

    • Refrigerator

    Other interior features

    • Third Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • On Street

    Property

    • Exterior Features: Courtyard

    Other Property Information

    • Parcel Number: 02-42-03-245-0120

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $649

    • HOA Frequency: Monthly

    • Annual tax amount: $3,037

  • Source details

    • MLS ID: A12052998

    Other facts

    • Construction Materials: CBS Construction

    • Architectural Style: Corner Unit

    • Living Area: 470

    • Subdivision Name: THE PATRICIA 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
1,034
median $550K
Active
Same city
Miami Beach
2,485
median $648K
Active
Same type
Condo/Co-op
1,836
median $515K
Active
Similar price
$112K – $208K
158
median $178K
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: Beachfront Realty Inc