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.
Property Details
Price:
$12,500,000
MLS #:
A11516907
Status:
Active
Beds:
0
Baths:
0
Address:
538 Meridian Ave
Type:
Commercial
Subtype:
Mixed Use
City:
Miami Beach
Listed Date:
Jan 18, 2024
State:
FL
Finished Sq Ft:
18,301
ZIP:
33139
Year Built:
2019
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Schools
Interior
Flooring
Carpet, Ceramic Floor
Exterior
Construction Materials
C B S Construction
Parking Features
Covered, Garage- Under Building, Guest
Financial
Buyer Agent Compensation
2%%
Taxes
$79,555
Map
Community
- Address538 Meridian Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
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