+8 more
About This Unit
Fully furnished studio in a prime Miami Beach location. Just minutes from the beach and steps from Flamingo Park. Bright and well-maintained, offering a functional layout and move-in-ready condition. Excellent investment opportunity, currently rented with a great tenant. Close to shopping, dining, and entertainment. Great location and strong income potential. 40 year recertification passed. NO Special Assessment.
Pricing at 1005 Meridian — $464/sqft
1005 Meridian Unit 15 is listed at $464/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at 1005 Meridian.
Time on Market — 97 days
1005 Meridian Unit 15 has been on the market for 97 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $215,000. Reduced to $195,000 on Apr 27, 2026 (after 98 days on market) — -9.3% (−$20,000).
Estimated Monthly Cost
Mortgage (P&I)
$1,059
HOA
$615
Property Tax
$304
Total / mo
$1,978
Assumes 7.20% rate on 20% down (30-year fixed).
Tax effective rate 1.87%.
HOA $1.46/sqft · All-in $4.71/sqft / month.
Excludes wind / flood / contents insurance — verify your actual rate with a lender.
Schedule your private showing at 1005 Meridian.
Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.
That's (305) 337-4259 • Available 7 days a week
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1939 (87 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Building: 1005 Meridian
Unit: 15
Year Built: 1939
Stories: 2
City: Miami Beach
Postal Code: 33139
HOA Fee: $615 / Monthly
View: Other View
Waterfront: No
Private Pool: No
Heating: Other, Window/Wall
Cooling: Other, Wall/Window Unit(s)
Days on Market: 97
Listed: January 20, 2026
MLS #: A11948976
Location
Tour with Ricky
Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.
Text or Call (305) 33-RICKYThat's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Keller Williams Capital Realty
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11948976
• Updated Apr 27, 2026
• Photos uploaded 98 days ago.