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1018 Meridian Ave, Unit 1
+16 more
$475K

The Coconut of South Beac Unit 1

1018 Meridian Ave, Unit 1 • Miami Beach, FL 33139

at The Coconut of South Beac

Beds
2
Baths
2
Living Area
920 SF
Price / SF
$516
HOA / Monthly
$841
Days on Market
19

About This Unit

Experience the best of South Beach living on picturesque, tree-lined Meridian Avenue — widely regarded as one of the neighborhood’s most desirable streets. This renovated 2-bedroom, 2-bath residence blends historic charm with modern sophistication. Located on the first floor, the home features 10-foot ceilings and dramatic floor-to-ceiling windows that flood the space with natural light, creating a bright and airy ambiance throughout. The kitchen offers clean, updated finishes, a large island with seating for four, and generous storage. The bedrooms truly set this home apart, offering a larger scale than most condos in the area, complete with walk-in closets and space for a desk or seating area. Additional highlights include hurricane windows & doors, upgraded lighting, refinished hardwood floors, updated bathrooms, and an in-unit washer and dryer. Just steps from iconic South Beach and Flamingo Park, this residence provides prime access to dining, shopping, and nightlife. Low HOA and pet-friendly living make this an exceptional opportunity in one of South Beach’s most sought-after locations. Ok to lease & move in ready.

Pricing at The Coconut of South Beac — $516/sqft
The Coconut of South Beac Unit 1 is listed at $516/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at The Coconut of South Beac.
Time on Market — 19 days
The Coconut of South Beac Unit 1 has been on the market for 19 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $499,000. Reduced to $475,000 on Mar 23, 2026 (after 20 days on market) — -4.8% (−$24,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,579
HOA
$841
Property Tax
$484
Total / mo
$3,905
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.22%. HOA $0.91/sqft · All-in $4.24/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 1925 (101 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 1
Year Built: 1925
Stories: 2
City: Miami Beach
Postal Code: 33139
HOA Fee: $841 / Monthly
View: Garden View
Waterfront: No
Private Pool: No
Heating: Electric
Cooling: Ceiling Fan(s), Central Air
Days on Market: 19
Listed: March 4, 2026
MLS #: A11976644

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: ACC Realty, Inc.
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11976644 • Updated Mar 23, 2026 • Photos uploaded 54 days ago.