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Condominium
$305,000$398 / sqft
1020 Meridian Ave # 715, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
766 sqft
Interior
1969
Year built
$798 / mo
HOA
Condominium
Type
About this home
Live in the heart of South Beach, where some of Miami Beach's most iconic destinations are just steps from your front door. This spacious 1-bedroom, 1.5-bath residence sits directly across from Flamingo Park- 0.1 miles, offering easy access to tennis courts, a lap pool, fitness center, basketball courts and walking trails. The beach is approximately 0.5 miles away, while Lincoln Road's shopping, dining and entertainment are less than a mile from home. Whole Foods Market is conveniently located about 0.7 miles away, making everyday errands super easy. Interior is bright and unobstructed with west facing windows, filling the home with natural light throughout the day and enjoy the sunset views on the balcony in the evening. The building includes pool, bike storage, additional storage, secure entry, laundry facilities and assigned parking. Building has reserves and 40 & 50 recertifications complete. Whether you're heading to the beach for a morning walk, grabbing dinner on Ocean Drive, spending the afternoon at Flamingo Park, or enjoying a sunset from your balcony, this home places you at the center of the South Beach lifestyle while offering a peaceful retreat above it all.
Features
- Lobby
- First Floor Entry
- Walk-In Closet(s)
- Storage
- East Of Us1
- None
- Other View
- Skyline
Leasing
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.