$1,450,000
$25K PRICE DROP

Estimated payment $10,403/month

Total Views 3,817
2 Beds
2 Baths
1,013 Sq Ft
$1,431 Price per Sq Ft

Highlights

  • Ocean View
  • Newly Remodeled
  • Vaulted Ceiling
  • South Pointe Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • 5-minute walk to Washington Dog Park & Annex

About This Home

This penthouse is the dream house you’ve always imagined! Just replaced spiral stairs for tradicional L ones, check new photos. Two floors with a private terrace located in the exclusive neighborhood of South of Fifth. The residence includes a bedroom and a full bathroom on the lower level, a master suite with a private terrace on the second floor and a terrace offering 360-degree views on the third floor. The 20-foot high ceilings allow natural light in the living rooms, and the kitchen is equipped with stainless steel and quartz appliances. Meridian 5 is a complex of 20 units with a pool full of sunlight throughout the day. Washer and dryer, covered parking and can be rented up to 12 times a year, providing an excellent return on investment. Tenant occupied, text to show.

Listing Agent

Denise Dupesso

Intercapital Realty, Inc. License #3584826

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,001

Year Built

  • Built in 2011 | Newly Remodeled

HOA Fees

  • $892 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking

Property Views

  • Ocean
  • Skyline
  • Pool

Home Design

  • Penthouse
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,013 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • South Pointe Elementary School
  • South Miami Middle School
  • Miami Beach High School

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-354-0140

Community Details

Overview

  • Low-Rise Condominium
  • Meridian 5 Condo
  • Meridian 5 Condo Subdivision

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced
  • Complete Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,001

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0

HOA Fees

$892 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MERIDIAN 5 CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Fire Sprinklers, Other, Volume Ceilings
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1013
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 4
  • Window Features: Clear Impact Glass, Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom

Exterior Features

  • View: Ocean View, Pool Area View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MERIDIAN 5 CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Deeded

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Complex Fenced, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 892
  • Amenities: Elevator(s), Exterior Lighting, Other, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: South Pointe
  • High School: Miami Beach
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 02-42-03-354-0140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17001

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,001 $944,673 -- --
2023 $17,001 $899,689 $0 $0
2022 $9,660 $514,108 $0 $0
2021 $11,542 $597,800 $0 $0
2020 $11,809 $610,000 $0 $0
2019 $11,821 $610,000 $0 $0
2018 $11,353 $603,723 $0 $0
2017 $12,369 $614,306 $0 $0
2016 $11,281 $558,460 $0 $0
2015 $10,282 $507,691 $0 $0
2014 $11,050 $461,538 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2025 01/12/25 Price Changed $1,450,000 -1.7% $1,431 / Sq Ft
01/05/2025 01/05/25 For Sale $1,475,000 0.0% $1,456 / Sq Ft
11/21/2024 11/21/24 Off Market $7,000 -- --
09/26/2024 09/26/24 For Rent $7,000 +7.7% --
09/09/2024 09/09/24 Rented $6,500 -7.1% --
07/15/2024 07/15/24 For Rent $7,000 0.0% --
05/02/2022 05/02/22 Sold $1,280,000 -5.2% $1,264 / Sq Ft
04/04/2022 04/04/22 For Sale $1,350,000 +116.0% $1,333 / Sq Ft
03/29/2021 03/29/21 Sold $625,000 -10.6% $617 / Sq Ft
12/02/2020 12/02/20 For Sale $699,000 +11.8% $690 / Sq Ft
11/30/2020 11/30/20 Off Market $625,000 -- --
10/07/2020 10/07/20 Price Changed $699,000 -0.1% $690 / Sq Ft
06/10/2020 06/10/20 For Sale $700,000 -- $691 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,280,000 Focus Title Group
Warranty Deed $625,000 Attorney
Special Warranty Deed $465,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $437,500 New Conventional
Previous Owner $372,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11718088

MIAMI REALTORS® MLS

APN: 02-4203-354-0140