851 Meridian Ave APT 24
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Fienberg/Fisher K-8 Center
Miami Beach Senior High School
Nautilus Middle School
Miami, FL Investment Analysis (2026)
Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-05 | Listed for sale | $189,900 | $475 |
| 2026-02-01 | Listing removed | $198,900 | $497 |
| 2025-11-24 | Listing removed | $1,695 | $4 |
| 2025-11-12 | Price change | $198,900 | $497 |
| 2025-10-30 | Price change | $209,000 | $523 |
| 2025-10-23 | Price change | $1,695 | $4 |
| 2025-10-16 | Price change | $1,795 | $4 |
| 2025-10-06 | Price change | $1,800 | $5 |
| 2025-08-15 | Listed for sale | $225,000 | $563 |
| 2025-07-21 | Price change | $1,825 | $5 |
| 2025-07-16 | Price change | $1,875 | $5 |
| 2025-07-06 | Listed for rent | $1,900 | $5 |
| 2024-07-23 | Listing removed | $0 | – |
| 2024-07-10 | Price change | $1,995 | $5 |
| 2024-07-09 | Price change | $2,000 | $5 |
| 2024-06-12 | Listed for rent | $2,100 | $5 |
| 2020-08-01 | Listing removed | $1,250 | $3 |
| 2020-06-30 | Price change | $1,250 | $3 |
| 2020-05-16 | Price change | $1,300 | $3 |
| 2020-04-13 | Listed for rent | $1,450 | $4 |
| 2020-03-05 | Listing removed | $179,900 | $450 |
| 2019-05-23 | Listing removed | $1,295 | $3 |
| 2019-05-23 | Listed for sale | $179,900 | $450 |
| 2019-04-16 | Listed for rent | $1,295 | $3 |
| 2019-04-16 | Listing removed | $179,900 | $450 |
| 2000-04-27 | Sold | $33,600 | $84 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,088.83 | $159,439 |
| 2024 | $2,916.7 | $144,945 |
| 2023 | $2,630.8 | $131,769 |
| 2022 | $2,336.86 | $119,790 |
| 2021 | $2,102.66 | $108,900 |
| 2020 | $2,187.6 | $108,333 |
| 2019 | $2,066.87 | $98,485 |
| 2018 | $1,900.89 | $89,532 |
| 2017 | $1,900.89 | $81,393 |
| 2016 | $1,832.61 | $73,994 |
| 2015 | $1,595.27 | $67,268 |
| 2014 | $1,566.26 | $61,153 |
| 2013 | $1,034.55 | $55,594 |
| 2012 | $1,034.55 | $50,540 |
| 2011 | $1,494.49 | $72,200 |
| 2010 | $1,593.2 | $72,200 |
| 2009 | $1,980.36 | $96,270 |
| 2007 | $3,015.89 | $149,490 |
| 2006 | $1,991.56 | $0 |
| 2005 | $1,991.56 | $0 |
| 2004 | $1,845.04 | $0 |
| 2003 | $1,416.21 | $0 |
| 2002 | $869.24 | $0 |
| 2001 | $869.24 | $0 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $14,188/yr
On $43,677 invested
Tight qualification
Equity + cumulative cash
Monthly Cash Flow Breakdown
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