About This Property

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 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.

Key Features

• Built in 1935

Property Details

• Type: Single Family Home
• Year Built: 1935
• Sq Ft: 1,776
• Price / Sq Ft: $676
• HOA: Contact Agent
• Bedrooms: 0
• Bathrooms: 0
• Feature: Built in 1935
• Status: Active
• MLS Number: 1163774478
• Days on Market: 150
• Listed By: Sermoneta Real Estate Group Corp · Alberto Sermoneta
• Zip Code: 33139