HomeCondos for SaleMeridian 5 CondoUnit 15
421 Meridian Ave, Unit 15
+9 more
$1.3M

Meridian 5 Condo Unit 15

421 Meridian Ave, Unit 15 • Miami Beach, FL 33139

at Meridian 5 Condo

Beds
2
Baths
2
Living Area
1,013 SF
Price / SF
$1,273
HOA / Monthly
$892
Days on Market
313

About This Unit

Attention Investors! Three-level penthouse with private terraces and 360° views in the exclusive South of Fifth. Brand new L-shaped staircase. Soaring 20-foot ceilings fill the living area with natural light. Modern kitchen with stainless steel appliances and quartz countertops. One bedroom + full bath on the main level, primary suite with private terrace on the second, and rooftop terrace on the third. Boutique building with only 20 units and a sun-filled pool. Covered parking, washer/dryer. Can be rented up to 12 times/year. Tenant occupied, rented at 6,500usd monthly

Pricing at Meridian 5 Condo — $1,273/sqft
Meridian 5 Condo Unit 15 is listed at $1,273/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Meridian 5 Condo.
Time on Market — 313 days
Meridian 5 Condo Unit 15 has been on the market for 313 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,450,000. Reduced to $1,290,000 on Aug 30, 2025 (after 73 days on market) — -11.0% (−$160,000).
Estimated Monthly Cost
Mortgage (P&I)
$7,005
HOA
$892
Property Tax
$1,479
Total / mo
$9,376
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.38%. HOA $0.88/sqft · All-in $9.26/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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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 2011 (15 years old).
Verify all of the above with the HOA before closing.
Unit: 15
Year Built: 2011
Stories: 4
City: Miami Beach
Postal Code: 33139
HOA Fee: $892 / Monthly
View: Garden View, Other View, Skyline
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 313
Listed: June 18, 2025
MLS #: A11836009

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-RICKY
That's (305) 337-4259
Email About This Unit
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Coldwell Banker Realty   ·  michaelj.suarez@cbrealty.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11836009 • Updated Apr 27, 2026 • Photos uploaded 249 days ago — check listing for current condition.