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Multi Family - for Sale

538 MERIDIAN AVE, MIAMI BEACH, FL 33139

Asking Price$12,500,000

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  • Days on market:

    1 day(s)
  • Original Price:

    $12,500,000
  • Tax Legal Description:

    3-4 54 42 34 53 42 OCEAN BEACH ADDN NO 3 PB 2-81 LOT 3 BLK 74 LOT SIZE 50.000 X 140 OR 22680-3236 0904 4
  • Property Type:

    Multi Family
  • Parking:

    Garage-Under Building Covered Guest
  • Construction Type:

    Cbs Construction
  • Floor Description:

    Ceramic FloorCarpet
  • Special Listing Conditions:

    Sale

Description

$12,500,000

Unique asset in south beach, on meridian and 5th ave. triple-net (nnn) leaseback to cvc. cvc corp is one of the largest travel groups in latin america, with brands that operate in brazil, argentina and the united states, in the segments of vacation and leisure, corporate/business, education (cultural exchange abroad), management and rental of residences. 538 meridian ave offers a prime investment opportunity with 12 units featuring 2 bedrooms, 16 bathrooms, and a total of 24 beds. spanning 18,301 square feet, the property is centrally located in south beach, allowing easy access to popular attractions. in the heart of south beach, ½ a mile from the ocean.

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