About this Property

This offering represents the acquisition of four contiguous condominium unitswithin The Castle Meridian Condominium, a boutique 12-unit Art Deco complexlocated in the heart of South Beach.The condominium is composed of three adjacent buildings:• 1506 Meridian Avenue – 4 units• 1508 Meridian Avenue – 4 units• 1510 Meridian Avenue – 4 unitsThe subject offering includes 100% of the units within the central building at 1508Meridian Avenue (Units 3, 4, 9 \u0026 10).Folio:02-3234-228-0100Folio:02-3234-228-0090Folio:02-3234-228-0040Folio:02-3234-228-0030Total Annual Gross Income: $91,200Annual Operating Expenses (HOA + Property Taxes) $30,114.32• The 40-Year Certification process is currently in its final phase of completion.• All special assessments will be paid in full by the Seller at closing.

Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Sermoneta Real Estate Group Corp.