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Condominium
$220,000$557 / sqft
1601 Meridian Ave # 104, Miami Beach FL 33139
Listed
1
Bedrooms
1
Bathrooms
395 sqft
Interior
1954
Year built
$660 / mo
HOA
Condominium
Type
About this home
Live in the heart of South Beach in this beautifully renovated 1-bedroom, 1-bath residence. Thoughtfully updated with upgraded finishes, this bright and functional home features a fully equipped kitchen, bathroom, and smart use of space designed for comfortable everyday living. This building recertification was issued by the City of Miami Beach on 03/2024. Enjoy the convenience of a prime SoBe location just moments from world-famous beaches, dining, shopping, entertainment, and neighborhood favorites. Whether you're looking for a full-time residence, seasonal getaway, or convenient Miami Beach retreat, this move-in-ready home offers the perfect blend of comfort, efficiency, and unbeatable location.
Features
- First Floor Entry
- Courtyard
- Garden View
Leasing
- Minimum lease
- 180 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 1-bed rentals in Miami Beach, from 200 active listings; the middle half ask $2,300–$3,850.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.