Closed

The Patricia, 842 Meridian Ave #2G, Miami Beach, FL 33139

189,000(-0.79% )
StudioBeds
1Baths
390SqFt

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Details

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Status:
Sold - Nov 06, 2024
Parking: No info
Size: 390 SqFt (36 m2)
Price: $481/SqFt ($5,175/m2)
Type: Condo
Built: 1925
HOA: $339/MO
MLS Number: A11642605
View: Other
On Site: 360 Days
Updated: 265 Days ago
Page Views: 0
Capitalize on this prime investment opportunity with a spacious studio ideally situated in the heart of south beach, mere steps from the beach. Its coveted location provides unparalleled access to south beach’s vibrant nightlife, dining, and entertainment, ensuring high rental demand and strong return potential. **fully renovated** updated with modern finishes, ready for immediate rental. **move-in ready** immediately available for occupancy or renting. **high rental yield** situated in a high-demand area, guaranteeing consistent rental rates. **strong rental demand** located in a high-demand area, securing consistent rental income and lower vacancy rates. **proven rental income** established track record of high, stable rental income.
Features
Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: Other
  • View: Other
Interior, Heating and Cooling
  • Interior Features: SecondFloorEntry, LivingDiningRoom
  • Equipment / Appliances: Refrigerator, WaterPurifier
  • Heating Description: Other
  • Cooling Description: WallWindowUnits
Building and Construction
  • Floor Description: Laminate
  • Year Built: 1925
  • Year Built Description: Effective Year Built
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2024-08-16T10:54:04.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: CommonAreas
    • Taxes: 2354
    • Security Information: ComplexFenced, PhoneEntry, SmokeDetectors
    • Parking Description: OnStreet
    • Total Floors in Building: 3

    Price History

    11/06/2024

    Date

    Sold

    Event

    $187.5K

    Price

    -0.79%

    Change Rate

    $481 ft2 / $5,175 m2

    Price Per

    08/16/2024

    Date

    Listed

    Event

    $189K

    Price

    $485 ft2 / $5,216 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Daniel TamirEmpire R.E. Consulting, LLC • Buyer Agency Compensation .

    Instant Comps

    $300/ft²
    $400/ft²
    $500/ft²
    $600/ft²

    Unit #2G – Asking

    $481/ft²

    (0%) from Closed Medium $/ft²

    Closed Medium $/ft²

    $481/ft²
    Community $/Price Range (Closed) $481/ft² – $481/ft²
    No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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