For SaleRisky Deal71 days on market

842 Meridian Ave APT 3D

842 Meridian Ave APT 3D, Miami Beach, FL 33139, Miami Beach, FL 33139
$160,000

Listing Price

Property image 1
842 Meridian Ave APT 3D, Miami Beach, FL 33139
Loc: Miami Beach, FL
Days Listed
71
Tax Assessed
$165k
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
0.6 mi away
5

Miami Beach Senior High School

9-12
1.4 mi away
5

Nautilus Middle School

6-8
2.5 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

multi-family buildingMediterranean revivalstucco exteriorbalconieswrought iron fencehistoric charmresidentialapartment buildingarched entrywaylandscaped front yardtropical vibesthree-storyclassic architecture

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.26%
Total ROI
73.1%
Cash Flow
$-129/mo
DSCR
0.84
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-129/mo net cash flow with a 5.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Miami Beach, FL
  • Long-term capital appreciation corridor
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
2026-08-28Price change$160,000$340
2026-07-14Listed for sale$172,000$366
2026-04-04Listing removed$185,000$394
2026-02-17Price change$185,000$394
2025-05-08Price change$209,000$445
2025-01-31Price change$210,000$447
2024-04-17Listed for sale$219,000$466
2023-09-22Listing removed$0
2023-09-13Price change$1,650$4
2023-09-01Price change$1,700$4
2023-08-23Price change$1,800$4
2023-07-28Price change$1,900$4
2023-07-14Listed for rent$2,000$4
2023-07-14Listing removed$0
2023-05-15Listed for sale$225,000$479
2023-03-22Listing removed$0
2023-01-31Listed for sale$225,000$479
2022-11-14Listing removed$0
2022-09-19Price change$225,000$479
2022-08-17Listed for sale$230,000$489
2020-11-22Listing removed$1,250$3
2020-10-26Price change$1,250$3
2020-09-19Listed for rent$1,300$3
2019-09-05Listing removed$1,325$3
2018-05-22Sold$175,000$372
2014-04-21Sold$150,000$319
2004-05-17Sold$130,000$277
2003-07-21Sold$126,500$269
2001-07-19Sold$75,000$160

Tax History

YearProperty TaxTax Assessment
2025$3,036.83$160,318
2024$2,842.74$145,744
2023$2,754.96$132,495
2022$2,299.25$120,450
2021$2,114.24$109,500
2020$2,826.49$146,000
2019$2,635.49$136,000
2018$1,573.94$124,750
2017$1,573.94$146,765
2016$2,017.56$149,760
2015$2,166.77$149,760
2014$2,506.05$106,282
2013$1,977.81$96,620
2012$1,977.81$96,620
2011$1,999.96$96,620
2010$1,471.75$107,350
2009$1,379.62$107,350
2007$1,673.03$82,928
2006$1,875.25$0
2005$1,875.25$0
2004$2,258.78$0
2003$1,634.85$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
1
Baths
1
Sq Ft
470

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