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Backup Offers

1020 Meridian Ave Unit 505, Miami Beach, FL, 33139

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
890 SqFt
$393/SqFt
Condo
Schools Nearby

Location

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1020 Meridian Ave Unit 505, Miami Beach$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Space
Attached Garage1 space
Year Built1969
HeatingCentral
CoolingCentral Air
ViewOther
MLS #A11544635
StatusAccepting Backup Offers
(Active Under Contract)

About 1020 Meridian Ave Unit 505

Embrace the South Beach lifestyle in this spacious unit located in a gated community across from Flamingo Park. This inviting home features an open kitchen, balcony, guest bathroom, and abundant natural light. With one assigned parking space, convenience is at your fingertips. The community amenities include a pool, and it has completed its 40-year recertification. Live within easy reach of restaurants, the beach, and the park, immersing yourself in the vibrant South Beach lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1969
  • Living Area: 890 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Joanna Jimenez

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: Closet Cabinetry, Handicap Access, Pantry, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 1020 Meridian Ave Unit 505

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Miami Beach Senior High School, Public District Grades 9-12
  • Nautilus Middle School, Public District Grades 6-8
  • Fienberg/Fisher K-8 Center, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $393/SqFt

HOA Fees:

  • Amount: $744
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$569.7K

Med. Price/SqFt

$574

Avg. Days On Market

85

# of Sold Homes

136

1020 Meridian Ave Unit 505 vs Miami Beach

50 DAYS ON ROCKET

-35 Days

$350,000

-$219.7K Less

$393/SqFt

-$181 Less

KEY TAKEAWAY

This property is $219.7K less than the Median Sold Price and $181/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11544635

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Joanna Jimenez

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2117978
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.43 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2117979
5
/10

  • Nautilus Middle School

  • 4301 N Michigan Ave

  • 2.39 miles

  • Public District Grades 6-8

High School

school-card-donut-2117980
5
/10

  • Miami Beach Senior High School

  • 2231 Prairie Ave

  • 1.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,957. Residents of Miami Beach, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Meridian Ave Unit 505

What is the listing price of this property?

The listing price of 1020 Meridian Ave Unit 505 property is $350,000.

What type of property is this?

The property 1020 Meridian Ave Unit 505 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Accepting Backup Offers: 1020 Meridian Ave Unit 505 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1020 Meridian Ave Unit 505 are:
Fienberg/Fisher K-8 Center: GreatSchools Rating 5/10
Nautilus Middle School: GreatSchools Rating 5/10
Miami Beach Senior High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 1020 Meridian Ave Unit 505 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 1020 Meridian Ave Unit 505 is 890 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 Meridian Ave Unit 505 is 1969.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›1020 Meridian Ave Unit 505

This home is located at 1020 Meridian Ave Unit 505 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 890 square foot home was built in 1969. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $350,000.

In March 2024 more than 6 listings in Miami Beach, FL were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 118 were sold below. The inventory of homes for sale in Miami Beach, FL between February 2024 and March 2024 increased by 8.6%. In March 2024, listings were on the market for 85 days. During the same period, the median list price in this real estate market was $569,797.

From Rocket Homes Real Estate and based on county public records data.

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