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Buildings/South Beach/1005 MERIDIAN CONDO

Premium

1005 MERIDIAN CONDO

1005 MERIDIAN AVE, Miami Beach 33139

1939

Year Built

Units

—

For Sale

—

Avg Price

$553

Sale $/SF

—

For Rent

—

Avg Rent

$3.94

Rent $/SF

+50.0%

YoY

For Sale

For Rent

Investor-Owned

88%

Avg HOA

—

Building Details

Address

1005 MERIDIAN AVE, Miami Beach, 33139

Neighborhood

South Beach

Year Built

1939

Total Units

Avg Unit Sqft

481 SF

Tier

Premium

Avg $/SF

$552.85

Rent $/SF

$3.94/SF

Neighborhood Rank

Top 20%

Avg Unit Value

$207K

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation+50.0%

Total Yield79.2%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned88%

For Sale0

For Rent0

Top 20%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$488

Rental Price Trend ($/SF)

$4.39

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Date	Price	$/SF	Bed/Bath	SF
Nov 10, 2025	$200K	$487.8	1/1	410
May 22, 2024	$240K	$585.37	1/1	410
Jul 10, 2023	$214K	$521.95	1/1	410
Sep 30, 2022	$225K	$326.09	1/1	690
Dec 3, 2021	$167K	$407.32	1/1	410
Apr 23, 2021	$127K	$309.76	—/1	410
Nov 12, 2019	$31K	$45.07	1/1	690
Jun 1, 2018	$142K	$338.1	—/1	420
Mar 31, 2017	$143K	$340.48	—/1	420
Jun 27, 2012	$127K	$309.76	1/1	410

Units & Ownership

Total Units

Avg Sqft

481 SF

Avg Assessed

$185K

Owner-Occupied

13%

Tax & Ownership

Investor-Owned

88%

Owner-Occupied

13%

Avg Assessed Value

$185K

Avg Taxable Value

$179K

Effective Year Built

1939

Zoning

3900

Unit Mix

Studio2

Avg 415 SF

1 BR6

Avg 503 SF

Unit Directory

8 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
1	0	1	420	$156K	—	$142K	$338	Jun 2018
2	1	1	410	$152K	—	$130K	$317	Dec 2008
3	1	1	440	$164K	—	$145K	$330	Feb 2007
4	1	1	660	$256K	—	$120K	$182	Feb 2012
5	0	1	410	$152K	—	$127K	$310	Apr 2021
6	1	1	410	$189K	—	$240K	$585	May 2024
7	1	1	410	$152K	—	$167K	$407	Dec 2021
8	1	1	690	$258K	✓	$225K	$326	Sep 2022