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Active
Condominium
$895,000$1,039 / sqft

421 Meridian Ave # 19, Miami Beach FL 33139

1
Bedrooms
2
Bathrooms
861 sqft
Interior
2011
Year built
$733 / mo
HOA
Condominium
Type

About this home

Experience MODERN BEACHSIDE LIVING in your new three-story loft including your own PRIVATE ROOFTOP in the desirable South of Fifth neighborhood in Miami Beach. This contemporary gem offers a spacious layout and abundant natural light thanks to your 18-foot floor to ceiling windows. On the first level you have your sleek kitchen and living area, on the second your bedroom, and on the third your private rooftop with breathtaking 360-degree City and Ocean views. Perfect for Relaxing or Entertaining. This boutique building offers a truly luxury experience—just a few blocks from the beach and some of the best places to wine, dine, see & be seen! Meridian 5 boasts a semi-private pool, enclosed parking, and a state-of-the-art security system. 30 Day + Rentals permitted. LOW HOA FEES NO ASSESSMENT

Features

  • Other
  • East Of Us1
  • Bay
  • Ocean View
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$5,259

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

Principal & interest
$4,526
HOA
$733 / 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
Luxe Properties

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.