$949,000
$50K PRICE DROP

421 Meridian Ave Unit 16 Miami Beach, FL 33139

South Pointe Neighborhood

Estimated payment $6,953/month

Total Views 7,081
2 Beds
2 Baths
952 Sq Ft
$997 Price per Sq Ft

Highlights

  • Community Pool
  • Balcony
  • Secured Garage or Parking
  • South Pointe Elementary School Rated A-
  • Card or Code Access
  • 5-minute walk to Washington Dog Park & Annex

About This Home

Meridian 5 is a newer boutique property with only 20 modern 2-story lofts. Unit #16, a 952 SF 2/2 loft, features soaring 18-foot ceilings, floor-to-ceiling impact-resistant windows, and double-height glass walls in the living room, flooding the space with natural light. Enjoy a Nolte kitchen with stainless steel appliances, quartz countertops, and contemporary bathrooms. The unit boasts a walk-in closet and a spacious private rooftop terrace, offering stunning views of South Beach and the Miami skyline. Building amenities include a swimming pool, gated and covered parking. Located in the heart of South of Fifth, close to the beach, dining, and nightlife. Short-term rentals of 30 days are allowed, with up to 12 rentals per year.

Listing Agent

David Nguah

Douglas Elliman License #0672492 Listed on: 06/28/2024

Douglas Elliman

Co-Listing Agent

Bruce Beumer

Douglas Elliman License #3493166

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,999

Year Built

  • Built in 2011

HOA Fees

  • $814 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Split Level Home
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 952 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Shower Only

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-354-0150

Community Details

Overview

  • Low-Rise Condominium
  • Meridian 5 Condos
  • Meridian 5 Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,999

Year Built

Built in 2011

Lot Details

0

HOA Fees

$814 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: on the corner of 5th and Meridian Avenue GPS
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MERIDIAN 5 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range
  • Interior Amenities: Entrance Foyer, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Other
  • Living Area: 952
  • Stories: 4
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Family Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Meridian 5
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 814
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-354-0150

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 814

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 12999

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $12,075 $666,667 -- --
2024 $11,250 $606,061 -- --
2023 $11,250 $550,965 $0 $0
2022 $9,411 $500,878 $0 $0
2021 $10,180 $527,240 $0 $0
2020 $10,415 $538,000 $0 $0
2019 $10,426 $538,000 $0 $0
2018 $10,025 $533,121 $0 $0
2017 $12,628 $606,005 $0 $0
2016 $11,129 $550,914 $0 $0
2015 $10,143 $500,831 $0 $0
2014 $10,901 $455,301 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2025 09/12/25 Price Changed $4,700 -4.1% $5 / Sq Ft
08/21/2025 08/21/25 For Rent $4,900 0.0% --
08/14/2025 08/14/25 Price Changed $949,000 -2.6% $997 / Sq Ft
04/24/2025 04/24/25 Price Changed $974,000 0.0% $1,023 / Sq Ft
04/15/2025 04/15/25 Off Market $4,900 -- --
03/13/2025 03/13/25 For Rent $4,900 0.0% --
11/29/2024 11/29/24 Off Market $4,900 -- --
10/22/2024 10/22/24 For Rent $4,900 +6.5% --
09/12/2024 09/12/24 Rented $4,600 -99.5% --
07/17/2024 07/17/24 Under Contract -- -- --
06/28/2024 06/28/24 For Sale $999,000 0.0% $1,049 / Sq Ft
05/16/2024 05/16/24 For Rent $4,900 0.0% --
04/26/2024 04/26/24 Under Contract -- -- --
03/25/2024 03/25/24 For Rent $4,900 +63.3% --
07/13/2020 07/13/20 Rented $3,000 -9.1% --
07/02/2020 07/02/20 Under Contract -- -- --
05/27/2020 05/27/20 For Rent $3,300 +11.9% --
06/13/2018 06/13/18 Rented $2,950 0.0% --
02/09/2018 02/09/18 Under Contract -- -- --
12/05/2017 12/05/17 Price Changed $2,950 +51.3% $3 / Sq Ft
12/04/2017 12/04/17 Price Changed $1,950 -33.9% $2 / Sq Ft
11/06/2017 11/06/17 Price Changed $2,950 -10.6% $3 / Sq Ft
11/02/2017 11/02/17 Price Changed $3,300 -5.7% $3 / Sq Ft
10/11/2017 10/11/17 Price Changed $3,500 -5.4% $4 / Sq Ft
09/18/2017 09/18/17 Price Changed $3,700 -5.1% $4 / Sq Ft
08/14/2017 08/14/17 For Rent $3,900 0.0% --
08/11/2017 08/11/17 Sold $625,000 -7.4% $657 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
04/26/2017 04/26/17 Price Changed $675,000 -5.6% $709 / Sq Ft
03/23/2017 03/23/17 For Sale $715,000 -- $751 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $625,000 Attorney
Special Warranty Deed $473,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $437,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11612949

MIAMI REALTORS® MLS

APN: 02-4203-354-0150

Florida Miami/Dade County Miami Beach 33139 South Pointe

421 Meridian Ave Unit 16, Miami Beach, FL

This home is located at 421 Meridian Ave Unit 16, Miami Beach, FL 33139 and is currently priced at $949,000, approximately $996 per square foot. This property was built in 2011. 421 Meridian Ave Unit 16 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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David Nguah
Listing Agent
David Nguah
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Douglas Elliman
(786) 772-6858