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Condominium
$4,500,000$2,412 / sqft
350 Meridian Ave # 201, Miami Beach FL 33139
Listed
3
Bedrooms
4
Bathrooms
1,866 sqft
Interior
2015
Year built
$1,707 / mo
HOA
Condominium
Type
About this home
Residences like this seldom come to market. Offering the feel of a private house with the ease of condominium living, Residence 201 at 350 Meridian is one of just four residences in this boutique South of Fifth building. The home offers 1,866 SF with 3 bedrooms, 3.5 bathrooms, a spacious private terrace, Wolf and Sub-Zero appliances, 2 covered parking spaces, and a low monthly HOA fee of $1,707. Located in Miami Beach’s South of Fifth neighborhood, the residence is close to Miami Beach Marina, South Pointe Park, the beach, and the area’s restaurants and destinations. A rare opportunity to own a house-like residence in one of Miami Beach’s most distinctive neighborhoods.
Features
- Second Floor Entry
- Open Balcony
- Garden View
Leasing
- Minimum lease
- 120 days
- Leases permitted per year
- 2
- Ok To Lease
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Location
Approximate — shows the building, not the unit. Open in maps
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 3-bed rentals in Miami Beach, from 95 active listings; the middle half ask $9,200–$40,000.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.