$252,500
SOLD MAR 31, 2025

525 Meridian Ave Unit 406 Miami Beach, FL 33139

Flamingo Neighborhood
1 Bed
1 Bath
590 Sq Ft
$402/mo HOA Fee

Recently Sold

$428 Per Sq Ft

9% Below List Price

226 Days on Market

Highlights

  • Intercom to Front Desk
  • Balcony
  • Ceramic Tile Flooring
  • South Pointe Elementary School Rated A-
  • Views
  • Central Heating and Cooling System

About This Home

As of March 2025

GREAT FOR INVESTOR 1/1 MIAMI BEACH ONE PARKING SPACE . OK TO RENT !!! SECURE GATED PERFECT LOCATION JUST OFF 5THST 4 BLOCKS FROM OCEAN DR. NEW FLOOR PAINTED . EASY TO SHOW !!!! CENTRAL A/C BALCONY REAR.

Last Agent to Sell the Property

Justino Ferret

United Realty Group Inc License #3353716

United Realty Group Inc

Last Buyer's Agent

Luis Herrera

Douglas Elliman License #3136192

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,608

Year Built

  • Built in 1969

HOA Fees

  • $402 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 590 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring
  • Property Views

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-067-0260

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,608

Year Built

Built in 1969

Lot Details

0

HOA Fees

$402 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Condominium
  • Directions: Google it.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 525 MERIDIAN CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Gas Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 590
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 525 MERIDIAN CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby, Other

Condo/Co-op/Association

  • Association Fee: 402
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-067-0260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3608

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $252,500 -6.8% $428 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
08/28/2024 08/28/24 Price Changed $271,000 -2.9% $459 / Sq Ft
07/31/2024 07/31/24 For Sale $279,000 0.0% $473 / Sq Ft
11/15/2022 11/15/22 Rented $2,450 0.0% --
11/01/2022 11/01/22 Under Contract -- -- --
10/19/2022 10/19/22 For Rent $2,450 +16.7% --
10/14/2021 10/14/21 Rented -- -- --
09/24/2021 09/24/21 Under Contract -- -- --
09/07/2021 09/07/21 For Rent $2,100 +16.7% --
06/01/2021 06/01/21 Rented $1,800 0.0% --
06/01/2021 06/01/21 For Rent $1,800 +38.5% --
03/25/2013 03/25/13 Rented $1,300 0.0% --
03/25/2013 03/25/13 For Rent $1,300 -- --
Source: MIAMI REALTORS® MLS

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 $3,608 $197,326 -- --
2023 $3,608 $179,388 $0 $0
2022 $3,064 $163,080 $0 $0
2021 $2,916 $151,000 $0 $0
2020 $2,839 $151,000 $0 $0
2019 $2,539 $131,000 $0 $0
2018 $2,610 $138,791 $0 $0
2017 $2,520 $128,550 $0 $0
2016 $2,519 $116,864 $0 $0
2015 $2,445 $106,240 $0 $0
2014 $2,195 $96,582 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $164,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $184,000 South Florida Title Assc Llc
Warranty Deed $94,000 Concorde Land Title Svcs Inc
Warranty Deed $205,000 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11632843

MIAMI REALTORS® MLS

APN: 02-4203-067-0260