This offering represents the acquisition of four contiguous condominium units within The Castle Meridian Condominium, a boutique 12 unit Art Deco complex located in the heart of South Beach.


Property

Website:https://www.nestseekers.com/5472261
Address:
Miami Beach, FL 33139
Ownership: For Sale
Type: Unknown

Financials

Price:$1,200,000
Annual Taxes:$13,398
Common charges:$1,390

Description

This offering represents the acquisition of four contiguous condominium units within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex located in the heart of South Beach. The condominium is composed of three adjacent buildings: • 1506 Meridian Avenue – 4 units • 1508 Meridian Avenue – 4 units • 1510 Meridian Avenue – 4 units The subject offering includes 100% of the units within the central building at 1508 Meridian Avenue (Units 3, 4, 9 & 10). Folio:02-3234-228-0100 Folio:02-3234-228-0090 Folio:02-3234-228-0040 Folio:02-3234-228-0030 Total Annual Gross Income: $91,200 Annual Operating Expenses (HOA + Property Taxes) $30,114.32 • The 40-Year Certification process is currently in its final phase of completion. • All special assessments will be paid in full by the Seller at closing.

Contact

888 Biscayne Blvd # Unit CU9 Miami, FL 33132
Listing Courtesy of Sermoneta Real Estate Group Corp