NOT LISTED FOR SALE

Meridian Plaza 221 Meridian Ave Unit 510 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated Value: $319,924 - $412,000

1 Bed
1 Bath
621 Sq Ft
$285/mo HOA Fee

Last Sold March 29, 2023

Last sale price $315,000 $507 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,728/month

12 Days on Market

Highlights

  • Garden View
  • Elevator
  • Open Patio
  • South Pointe Elementary School Rated A-
  • Balcony
  • 1-minute walk to Washington Dog Park & Annex

About This Home

As of March 2023

Spacious 1 bedroom, 1 bath condo with a large balcony on the 5th floor of a 5 story building. Unit has a large
balcony with garden & city view. The interior needs a little TLC but has lots of potential and excellent price. Building has no reserves so a 25% down payment may be required, speak to lender before submitting
an offer subject to financing. The building is located in desirable neighborhood south of 5th St which is within walking distance of Miami Beach, Parks, Restaurants and night life. Easy to show the property is vacant and has a LBX. AS IS. BUYER SOLELYRESPONSIBLE TO VERIFY OF ANY HOA, VIOLATIONS ETC.

Last Agent to Sell the Property

Amado Mederos

Real Estate Services Inc License #513010 Listed on: 01/18/2023

Last Buyer's Agent

Laurie Reader

Keller Williams Dedicated Prof License #0652792

Keller Williams Dedicated Prof

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 1972

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 621 Sq Ft Home
  • Laminate Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Open Patio

Schools

  • South Pointe Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-128-0520

Community Details

Overview

  • Association fees include common areas, insurance, laundry, maintenance structure, sewer, trash, water
  • Meridian Plaza Condo Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,302

Year Built

Built in 1972

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Take the McArthur Causeway east which converts to 5 St, keep going east to Meridian Ave, turn right and go south 2 1/2 blocks, building will be on the left.
  • Year Built: 1972
  • Carport Y N: No
  • Entry Level: 5
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Bedroom on Main Level
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Laminate
  • Living Area: 621.0
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony
  • View: Garden
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Laundry Features: Common Area
  • Security: Phone Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 285.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Laundry, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit, Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Maintenance Structure, Sewer, Trash, Water

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel #: 02-42-03-128-0520

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4302.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 29, 2023
Sold by
Cascade Funding Mortgage Trust
Bought by
Mercy June
Seller's Agent
Amado Mederos
Real Estate Services Inc
Buyer's Agent
Laurie Reader
Keller Williams Dedicated Prof
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%
Views
35
Current Estimated Value
$369,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,819
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Jan 10, 2023
Sold by
Mortgage Assets Management Series I Trus
Bought by
Cascade Funding Mortgage Trust

Purchase Details

Closed on
Dec 7, 2022
Sold by
Meridian Plaza Condominium Inc
Bought by
Mortgage Assets Management Series I Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mercy June $315,000 First International Title
Cascade Funding Mortgage Trust -- None Listed On Document
Mortgage Assets Management Series I Trust $238,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delgado Carmen N $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2023 03/29/23 Sold $315,000 +5.0% $507 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $300,000 -- $483 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,032 $251,726 -- --
2024 $5,060 $267,794 -- --
2023 $5,060 $267,794 $0 $0
2022 $4,302 $220,506 $0 $0
2021 $3,870 $200,460 $0 $0
2020 $3,732 $192,750 $0 $0
2019 $281 $61,585 $0 $0
2018 $258 $60,437 $0 $0
2017 $259 $59,194 $0 $0
2016 $263 $57,977 $0 $0
2015 $270 $57,574 $0 $0
2014 $279 $57,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Amado Mederos

    Real Estate Services Inc

    (786) 203-4342

    1 in this area

    75 Total Sales

    Section Image
  • Laurie Reader

    Buyer's Agent in 2023

    Laurie Reader

    Keller Williams Dedicated Prof

    (954) 328-0228

    2 in this area

    2,638 Total Sales

    Section Image
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About Meridian Plaza

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10364262

BeachesMLS (Greater Fort Lauderdale)

APN: 02-4203-128-0520

Florida Miami/Dade County Miami Beach 33139 South Pointe

221 Meridian Ave Unit 510, Miami Beach, FL

This home is located at 221 Meridian Ave Unit 510, Miami Beach, FL 33139 since 18 January 2023 and is currently estimated at $362,231, approximately $583 per square foot. This property was built in 1972. 221 Meridian Ave Unit 510 is a home located in Miami-Dade County with nearby schools including South Pointe Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information 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.

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