4011 N Meridian Ave Apt 34 Miami Beach, FL 33140

1 bed · 1 bath · 680 sq ft · Residential Condominium
Est. Property Value: $234,543

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4011 N Meridian Ave Apt 34 is in the 33140 neighborhood of Miami Beach, FL. It is located in Miami-Dade County and ZIP code 33140. This Residential Condominium was built in 1967 and is approximately 58 years old. The residential condominium spans 680 sq ft with 1 bedroom and 1 bathroom. According to public records, it was last sold in 2021 for $150,000 and has a tax-assessed value of $187,509, which is $345 per sq ft. The 33140 area of Miami Beach has 2 residential homes with an average size of 490 sq ft. Analyze and compare real estate investment strategies for properties like this home at 4011 N Meridian Ave Apt 34 Miami Beach, FL 33140 with Property Intel by Whitepages.

4011 N Meridian Ave Apt 34

Miami Beach, FL 33140

Neighborhood

Owners & Occupancy for 4011 N Meridian Ave Apt 34

No contact information is available.

Occupancy

Current Occupancy******View Occupancy
Resident 1******************* age 50

Property Financials for 4011 N Meridian Ave Apt 34

4011 N Meridian Ave Apt 34, Miami Beach, FL has no known mortgage. The Miami-Dade county assessment for 2024 values it at $187,509, with annual taxes of $3,461.

Property Tax

Purchase DateJuly 22, 2021
Property Tax Amount$3,461 in 2024
Purchase Price$150,000
Assessed Value$187,509 on 2024

Investment Potential for 4011 N Meridian Ave Apt 34

The property has a current estimated value of $234,543, which is 51% below the zip median, based on public records. It last sold on July 22, 2021 for $150K. Projected long-term
is $27,000 annually ($2,250 per month) with a 49% occupancy rate.

Discover more Residential Condominiums in 33140.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
49%in 33140 zip code
 
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Property Details for 4011 N Meridian Ave Apt 34

Property Details

Property Sq Ft

Living Area

680 sq ft

31% below market

Price Per Sq Ft

Living Area

$345 / sq ft

28% below market

Property condition, age, exterior, etc. for 4011 N Mer…
Longitude: -80.1331 Latitude: 25.812663 Parcel Number (APN): 02-3227-028-0190…

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Discover more residential condominiums near 4011 N Meridian Ave Apt 34 in Miami Beach, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 4011 N Meridian Ave Apt 34 in Miami-Dade County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$234,543
$179,959
$54,584 (30%)
YoY Price Change
Year Built
1967
1975
-8 years
Living Space
680 sq ft
747 sq ft
-67 (-9%)
$ Per Living Sq Ft
$345
$250
$95 (38%)
Lot Size
$ Per Lot Sq Ft

Net Operating Income
$19,699
-$1,489 (-8%)
Annual Revenue
$27,000
$27,000
$0 (0%)
$7,396
$1,394 (19%)
Net Operating Income
$19,699
-$1,489 (-8%)
Cap Rate
10.99%
Home Value Comparison: Property vs. Local and Regional 1-Bed Residential Condominium Medians

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