Commercial Real Estate

Zebur

305.6000958
Commercial SaleMixed UseMiami BeachMeridian Ave, Miami Beach,

538 Meridian Ave Miami Beach FL 33139

Meridian Ave, Miami Beach,
    $12,500,000
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    Basics

    Description

    • Description:

      Unique asset in South Beach, on Meridian and 5th Ave. Triple-Net (NNN) leaseback to CVC. CVC Corp is one of the largest travel groups in Latin America, with brands that operate in Brazil, Argentina and the United States, in the segments of vacation and leisure, corporate/business, education (cultural exchange abroad), management and rental of residences. 538 Meridian Ave offers a prime investment opportunity with 12 units featuring 2 bedrooms, 16 bathrooms, and a total of 24 beds. Spanning 18,301 square feet, the property is centrally located in South Beach, allowing easy access to popular attractions. In the heart of South Beach, ½ a mile from the ocean.

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    Property details

    • Total Building Area: 18301
    • Lot Size Square Feet: 18301
    • Parcel Number: 02-42-03-009-4930
    • Lot Size Area: 18301
    • Structure Type: Hotel/Motel

    Property Features

    • Parking Features: Covered,Garage,Guest
    • Security Features: Fenced,Fire Sprinkler System,Smoke Detector(s)
    • Construction Materials: Block
    • Covered Spaces: 0
    • Flooring: Carpet,Ceramic Tile
    • Garage Y/N: 1

    Location Details

    • County Or Parish: Miami-Dade County
    • Zoning Description: 6503

    Fees & Taxes

    • Tax Annual Amount: 79555
    • Tax Legal Description: 3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 3 BLK 74 LOT SIZE 50.000 X 140 OR 22680-3236 0904 4

    Miscellaneous

    • Syndication Remarks: 538 Meridian Ave offers a prime investment opportunity with 12 units featuring 2 bedrooms, 16 bathrooms, and a total of 24 beds.

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    This -type commercial real estate is located in Meridian Ave, Miami Beach, was built in 2019, and is listed at $12,500,000.

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