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$4,300,000
A12056657 MLS 33139 Zip Code
Rare South Beach multifamily investment opportunity at 934 Meridian Avenue. This two-story, 16-unit property features 14 studios and two one-bedroom/one-bath residences, totaling 8,807 SF on a 7,000 SF lot. Offered at $4,300,000, the property generates a seller-provided annualized T-10 NOI of $221,799, representing a 5.16% current cap rate. A new roof and new water heater address two major capital items, allowing a future owner to focus on unit-level cosmetic improvements and potential rent growth. Zoned RM-1 and ideally located on a beautiful tree-lined street near Flamingo Park, Washington Avenue, Lincoln Road, Española Way, Ocean Drive and the beach. Offering Memorandum and financial information available upon request.

934 Meridian Ave, Miami Beach

$1,200,000
A11951388 MLS 33189 Zip Code
Prime South Dade Development Opportunity with Live Local Upside! Rare opportunity to acquire an under-constructed +/-6,800 SF structure on a combined 42,300 SF corner lot in Goulds. The property includes four folios (30-6, 0230, 0260, 0270) joined by a Unity of Title, offering flexibility for redevelopment or adaptive reuse. The unfinished place of worship requires completion and issuance of a Certificate of Use (CU). Upon obtaining the CU, a buyer may pursue redevelopment under Florida's Live Local Act (SB 1730), subject to county approval, including potential 200-unit multifamily development with affordable housing incentives. Faith-based organizations may complete the structure for worship use with future expansion into a school or faith-based affordable housing campus. Alternatively, a buyer may seek a Unity of Title release and develop single-family homes, as zoned RU-1. Ideally located at the corner of SW 216 St & SW 110 Ave, the site offers strong visibility, traffic exposure, and proximity to the new South Dade Transit Busway (3 minutes). The property is also just 4 minutes from the $1.5B Southplace City Center redevelopment at Southland Mall, positioning it for long-term growth. Well-suited for developers, religious organizations, educational institutions or investors seeking long term growth.

21571 Sw 110th Ave, Miami