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Active
Condominium
$249,000$630 / sqft

224 Meridian Ave # 9, Miami Beach FL 33139

0
Bedrooms
1
Bathrooms
395 sqft
Interior
1959
Year built
$453 / mo
HOA
Condominium
Type

About this home

Welcome to this charming studio apartment in the heart of Miami Beach! Offering 395 sq. ft. of thoughtfully designed living space, this is an outstanding opportunity for investors, seasonal residents, or anyone looking to enjoy the vibrant South Beach lifestyle. Ideally located just moments from the beach, this property places you within walking distance of world-famous restaurants, cafés, shopping, entertainment, and the exciting South Beach nightlife. Whether you’re looking for a primary residence, vacation getaway, or investment property, this studio offers exceptional value in one of South Florida’s most sought-after locations. Don’t miss this incredible opportunity to own an affordable piece of Miami Beach in a prime location where the best of coastal living is right outside your door!

Features

  • Second Floor Entry
  • East Of Us1
  • None

Estimated loan & HOA

$1,712

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,259
HOA
$453 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Integrity Florida Realty LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.