For SaleRisky Deal1 days on market

1020 Meridian Ave APT 612

1020 Meridian Ave APT 612, Miami Beach, FL 33139, Miami Beach, FL 33139
$339,999

Listing Price

Property image 1
1020 Meridian Ave APT 612, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
1
Tax Assessed
$260k
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Fienberg/Fisher K-8 Center

PK-8
0.4 mi away
5

Miami Beach Senior High School

9-12
1.2 mi away
5

Nautilus Middle School

6-8
2.3 mi away
Haven Underwritten Market·Moderate DSCR (0.60x)

Miami, FL Investment Analysis (2026)

Cap Rate: 3.71% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Condominium1969ElectricCentral Air1 Garage space$798 monthly1 Day$423

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.2%
Cash Flow
$-52/mo
DSCR
0.97
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-52/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.0%)
  • Strong rental demand in Miami Beach
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-23Listed for sale$339,999$423
2025-09-02Listing removed$2,490$3
2025-09-01Listed for rent$2,490$3
2025-07-25Listing removed$2,490$3
2025-07-03Price change$2,490$3
2025-06-28Price change$2,650$3
2025-06-26Listed for rent$2,800$3
2024-10-05Listing removed$2,800$3
2024-08-30Listed for rent$2,800$3
2022-06-24Listing removed$0
2022-06-10Listed for rent$2,500$3
2021-10-08Sold$308,000$383
2011-08-15Listing removed$235,000$292
2010-08-20Listed for sale$235,000$292
2003-12-23Sold$167,000$208
2002-06-14Sold$167,600$208
2002-03-04Sold$127,000$158

Tax History

YearProperty TaxTax Assessment
2025$4,873.52$259,782
2024$4,864.36$252,502
2023$4,526.42$229,548
2022$3,920.94$208,680
2021$3,503.66$181,461
2020$3,345.73$172,820
2019$2,282.24$158,550
2018$2,361.76$166,646
2017$2,361.76$233,111
2016$3,661.82$228,317
2015$3,691.73$226,730
2014$3,456.12$152,631
2013$2,771.83$138,756
2012$2,771.83$126,142
2011$2,415.43$114,675
2010$2,300.45$104,250
2009$2,144.52$104,250
2007$4,673.65$231,660
2006$3,404.97$0
2005$3,404.97$0
2004$3,154.6$0
2003$2,767.47$0
2002$1,894.52$0
2001$1,894.52$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
2
Sq Ft
804

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