Off-Market Condo at 929 Meridian Ave, Miami Beach, FL 33139
Luna Mascot
Luna - Real Estate AI Assistant

Get insights, projections, and answers instantly!

POWERED BY

929 Meridian Ave, Miami Beach, FL 33139

Unit - #3

$385,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $147 per day and long-term for an average of $2,351 per month, based on similar listings in the area. Estimated short-term cap rate of -2.1%. Estimated long-term cap rate of -2.1%. Own a piece of Miami Beach history! This charming 1-bed, 1-bath bungalow, designed by renowned architect Carlos B. Schoeppl, blends classic elegance with modern upgrades. Nestled in a lush, gated 6-unit oasis on picturesque Meridian Ave, this home offers a spacious floor plan, abundant natural light, private entrance, impact windows & doors, and updated kitchen & bath with stainless steel appliances and granite countertops. Enjoy central AC, in-unit washer/dryer, and assigned parking. Relax in the serene courtyard with botanical gardens & BBQ area. Walk to the beach, shops, and restaurants! Low HOA, pet-friendly, and a rare find in a prime location. Don't miss this gem! This listing is subject to errors, omissions, changes. Buyer's responsibility to independently verify all data.

Property Information
Airbnb Avg Daily
See Full Details
Occupancy Rate
See Full Details
Monthly HOA
$498
Rental Policy
daily
Yearly Taxes
$5670
Bedrooms
1
Bathrooms
1
SQFT
681
Furnished
N/A
Year built
1930
Listing Status
Off Market
MLS
A11763785

Short-term Rental Potential
arrow_drop_up

$28,032

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$565

Price/SQFT

Long-term Rental Potential
arrow_drop_up

$28,212

Revenue
Expenses
See Full Details
Profit
See Full Details
Cap rate
See Full Details
Cash on Cash
See Full Details
arrow_drop_up

$2,351/mo

Rent