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Condominium
$649,000$672 / sqft
2001 Meridian Ave # 506, Miami Beach FL 33139
Listed
1
Bedrooms
2
Bathrooms
966 sqft
Interior
2005
Year built
$1,487 / mo
HOA
Condominium
Type
About this home
Welcome to this unique loft-style 1 bed/1.5 bath residences located at The Meridian Condo in South Beach. Walk into the unit and enjoy the spacious open floor plan that provides lots of natural light & has 11.5 foot ceilings throughout. Expansive terrace with views of Miami Beach Botanical Gardens and the city skyline. Assigned parking space in the building garage as well as having the convenience of a washer-dryer in unit. Located centrally just steps from Miami Beach Golf Course, Miami Beach Convention Center, and the vibrant energy of Lincoln Road, the beach, and Sunset Harbour. Building amenities include a 24-hour doorman/security, rooftop pool & hot tub, and fully equipped gym.
Features
- First Floor Entry
- Closet Cabinetry
- Volume Ceilings
- On Golf Course
- Other
- Open Balcony
- Golf View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
- Ok To Lease
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.