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$3,950,000   Price Analysis
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242 Meridian Ave
Miami Beach, FL 33139
5 bed 4 bath 1,806 SqFt ($2187/SqFt)
4,200SqFt lot. Built 1921
Listed 2024-07-05, Taxes $25,666
Ⓧ USDA Ineligible
due to price & location

near Miami Beach

Unique single-family home in South of Fifth

In a league of its own, renovated 4 Bed 3 Bath + office and an extra fully independent studio guest house extension all nested on a large 4200SF lot. Main house is a gorgeous 4 bed 3 bath + office with high vaulted ceilings. Income producing 355SF guest house. Brand new roof, new high impact windows and doors, decorative fireplace, sauna and open custom kitchen.

Lushly landscaped back courtyard offers full outdoor kitchen with grill, refrigerator and sink. Outdoor shower, strage shed, connection-ready fo r 22 jacuzzi & pool installation without need for permits. Turn-Key as is or build a 4-story mansion.Enjoy South Pointe Pier, watch the ships pass by as you sit outside at Smith & Wollensky or best food experience at Prime 112, Papi Steak or Milo's


Presented by Bulent Urak at
Keller Williams Miami Beach.


Property MLS #A11618453 from MiamiMLS

Bedrooms: 5

Total Bathrooms: 4
Full Bathrooms: 4

BedroomonMainLevel
FirstFloorEntry
Fireplace
HighCeilings
LivingDiningRoom
CustomMirrors
MainLevelPrimary
VaultedCeilings
WalkInClosets
Flooring: Marble
Window Features: ImpactGlass

Dryer
Dishwasher
Disposal
Refrigerator
Washer

Family Room, Separate Guest/In-Law Quarters, Sauna, Storage Room

Cooling Features: CentralAir
Heating Features: Electric
Heating: Yes

Barbecue
OutdoorGrill
Shed
Other Structures: Sheds

Lot Description: Item14Acre
Lot Size Acres: 0.0964187
Lot Size Square Feet: 4200

Parking Features: OnStreet

Association: No
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 0

Community Features: Sauna, StreetLights, Sidewalks

Annual Tax Amount: 32637
Source Listing Status: Active
County: Miami-Dade County
Tax Year: 2023
Source Property Type: Residential
Area: South of Fifth
Source Neighborhood: OCEAN BEACH ADDN NO 3
Parcel Number: 02-42-03-009-5320
Postal City: Miami Beach
Postal Code Plus 4: 7013
Subdivision: OCEAN BEACH ADDN NO 3
Zoning Description: 3002
Property Subtype: SingleFamilyResidence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$1,000 + $1,365,000
$1,366,000
$25,666
2021$1,000 + $1,260,000
$1,261,000
$24,347
2020$1,000 + $1,260,000
$1,261,000
$24,412
2019$unknown + $unknown
$970,862
$20,887
2018$unknown + $unknown
$882,602
$19,144
2017$1,000 + $1,260,000
$1,261,000
$18,487
2016$unknown + $unknown
$729,424
$18,574
2015$unknown + $unknown
$663,113
$14,982
2014$unknown + $unknown
$602,830
$12,976
2013$unknown + $unknown
$548,028
$11,145
2012$unknown + $unknown
$555,003
$11,360
2011$unknown + $unknown
$555,786
$11,504
2010$unknown + $unknown
$556,482
$12,279
2009$unknown + $unknown
$642,675
$13,220
2008$unknown + $unknown
$664,474
$13,472
2007$unknown + $unknown
$664,474
$13,405

Listed 2024-07-05
$3,950,000
MiamiMLS
Listing removed 2024-01-12
$19,000
MiamiMLS
Price Changed for rent 2023-12-28
$19,000
MiamiMLS
Price Changed for rent 2023-09-13
$23,000
MiamiMLS
Price Changed for rent 2023-04-22
$15,750
MiamiMLS
Price Changed for rent 2023-04-21
$15,000
MiamiMLS
Price Changed for rent 2023-01-31
$12,500
MiamiMLS
Price Changed for rent 2023-01-23
$17,500
MiamiMLS
Listed for rent 2023-01-11
$20,000
MiamiMLS
Sold 2022-03-16
$2,450,000
MiamiMLS
Price Changed 2021-12-29
$2,500,000
MiamiMLS
Price Changed 2021-12-28
$2,500,000
MiamiMLS
Price Changed 2021-12-13
$2,700,000
MiamiMLS
Price Changed 2021-11-19
$2,750,000
MiamiMLS
Price Changed 2021-11-19
$2,600,000
MiamiMLS
Price Changed 2021-11-18
$2,900,000
MiamiMLS
Price Changed 2021-11-18
$2,900,000
MiamiMLS
Price Changed 2021-11-13
$2,600,000
MiamiMLS
Listed 2021-10-07
$2,500,000
MiamiMLS
Listed 2021-10-05
$2,500,000
MiamiMLS
Listing removed 2021-10-04
$2,300,000
MiamiMLS
Listing removed 2021-07-16
$15,000
MiamiMLS
Relisted 2021-06-23
$2,300,000
MiamiMLS
Listing removed 2021-06-10
$2,300,000
MiamiMLS
Listing removed 2021-06-01
$2,300,000
MiamiMLS
Listing removed 2021-05-30
$15,000
MiamiMLS
Price Changed 2021-03-01
$2,300,000
MiamiMLS
Price Changed 2021-03-01
$2,300,000
MiamiMLS
Price Changed 2021-02-18
$2,450,000
MiamiMLS
Price Changed 2021-02-18
$2,450,000
MiamiMLS
Listed 2021-01-22
$2,500,000
MiamiMLS
Relisted 2020-10-16
$2,500,000
MiamiMLS
Listing removed 2020-10-07
$2,500,000
MiamiMLS
Listing removed 2020-08-30
$1,850,000
MiamiMLS
Listed 2020-07-09
$2,500,000
MiamiMLS
Listing removed 2019-11-25
$985,000
MiamiMLS
Sold 2019-04-29
$950,000
MiamiMLS
Listing removed 2019-04-01
$985,000
MiamiMLS
Price Changed 2019-02-16
$985,000
MiamiMLS
Price Changed 2019-02-16
$985,000
MiamiMLS
Price Changed 2018-11-27
$1,015,000
MiamiMLS
Price Changed 2018-11-27
$1,015,000
MiamiMLS
Price Changed 2018-10-03
$1,135,000
MiamiMLS
Price Changed 2018-10-03
$1,135,000
MiamiMLS
Relisted 2018-05-03
$1,300,000
MiamiMLS
Listing removed 2018-04-24
$1,300,000
MiamiMLS
Listed 2017-03-15
$1,300,000
MiamiMLS
Price Changed 2017-02-26
$1,300,000
MiamiMLS
Listed 2017-01-16
$1,375,000
MiamiMLS
Listing removed 2016-10-22
$1,500,000
MiamiMLS
Price Changed 2016-05-19
$1,500,000
MiamiMLS
Price Changed 2016-03-18
$1,250,000
MiamiMLS
Listed 2016-01-11
$1,500,000
MiamiMLS
Sold 2000-04-11
$320,000
Public Record
Sold 1991-08-16
$100,000
Public Record
Sold 1989-09-07
$88,000
Public Record
Sold 1987-04-01
$40,000
Public Record
Sold 1981-05-01
$31,500
Public Record

Total Square Feet Living: 1806
Year Built: 1921
Building Area Total: 1996
Construction Materials: Block, Stucco
Direction Faces: East
Property Age: 103
Roof: Shingle
Levels or Stories: 1
House Style: R30-No Pool/No Water
Year Built Details: Resale
Architectural Style: Detached, OneStory, TwinHome

Sewer: PublicSewer
CableAvailable
Water Source: Public

South Pointe Elementary School is a public elementary school located approximately 0.2 miles away.
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Miami Beach Senior High School is a public high school located approximately 1.9 miles away.
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Nautilus Middle School is a public middle school located approximately 3 miles away.
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Landow Yeshiva Center is a private elementary, middle and high school located approximately 0.8 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.