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Condominium
$1,299,000$1,048 / sqft
243 Meridian Avenue # 113, Miami Beach FL 33139
Listed
2
Bedrooms
1,240 sqft
Interior
2006
Year built
$1,280 / mo
HOA
Condominium
Type
About this home
Step into the timeless charm of this beautifully situated 2-story condominium in the heart of Miami Beach, just South of 5th. This spacious 2-bedroom, 2.5-bath residence offers approximately 1,240 sq. ft. of thoughtfully designed living space.Enjoy the rare convenience of multiple balconies on both floors, creating wonderful indoor-outdoor living and plenty of space to relax or entertain. The residence also features elevator access in the unit & attached garage parking space. Best of all, the sparkling pool and lush courtyard are just outside your door, creating your own private oasis. With its character, generous living spaces, multiple outdoor areas, and unbeatable location south of Fifth, this residence offers the perfect blend of old-world Miami Beach charm & comfortab coastal living.
Features
- Elevator
- Fire Sprinklers
- Entrance Foyer
- French Doors
- Split Bedroom
- Volume Ceilings
- Courtyard
- Open Balcony
- Garden
- Pool
Location
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 2-bed rentals in Miami Beach, from 200 active listings; the middle half ask $3,595–$10,000.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.