$3,950,000

242 Meridian Ave Miami Beach, FL 33139

5 beds
4 full
1,806 sqft
$2,187 / sqft
House

Property details

About 242 Meridian Ave

Unique single-family home in South of Fifth, In a league of its own, renovated 4 Bed 3 Bath + office and an extra fully independent studio guest house extension all nested on a large 4200SF lot. Main house is a gorgeous 4 bed 3 bath + office with high vaulted ceilings. Income producing 355SF guest house. Brand new roof, new high impact windows & doors, decorative fireplace, sauna & open custom kitchen. Lushly landscaped back courtyard offers full outdoor kitchen with grill, refrigerator & sink. Outdoor shower, storage shed, connection-ready for 22’ jacuzzi & pool installation without need for permits. Turn-Key as is, or build a 4-story mansion.Enjoy South Pointe Pier, watch the ships pass by as you sit outside at Smith & Wollensky or best food experience at Prime 112, Papi Steak or Milo's

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Size1,806 sqft
Year built1921
ParkingOn Street
MLS #A11618453

Virtual tour

Summary

  • MLS Number: A11618453
  • MLS Name: SEFMIAMI
  • Office Name: Keller Williams Miami Beach
  • Office Phone: (305) 695-1112
  • Office Email: Natascha@L5Leaders.com
  • Listing Agent: Bulent Urak

IDX © 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 2:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of patio with a porch

$3,950,000

242 Meridian Ave

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$1,727,148$32,637
2022$1,366,000$25,666
2021$1,261,000$25,666
2020$1,261,000$24,347
2018$882,602$19,144
2017$1,261,000$18,487

History based on county public records data.

Nearby schools

8

South Pointe Elementary School

Public District PK-5

0.2 mi

1050 4th St

6

Fienberg/Fisher K-8 Center

Public District PK-5

1.0 mi

1420 Washington Ave

8

Miami Children's Museum Charter School

Public Charter KG-5

2.7 mi

980 MacArthur Cswy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $121,786. Typical income of Miami Beach, FL residents is $200k+ annually. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

20%
<35k
24%
35k-100k
27%
100k-200k
29%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

67%
Single, No Kids
5%
Single, with Kids
18%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
1%
12-17 yrs old
28%
18-34 yrs old
51%
35-64 yrs old
9%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • Crate & BarrelCrate & Barrel
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • Boston MarketBoston Market
  • The Cheesecake FactoryThe Cheesecake Factory

What do the neighbors drive?

  • AudiAudi
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • AlternativeAlternative
  • NewsNews
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 242 Meridian Ave

This home is located at 242 Meridian Ave in Miami Beach, FL and zip code 33139 in the South Point neighborhood. This 1,806 square foot home was built in 1921. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since July 5, 2024 and is currently priced at $3,950,000.

While more than 3 listings in Miami Beach, FL in February 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 87 were sold below. The number of homes for sale in Miami Beach, FL increased by 12% between January and February 2025. In February 2025 median list price was $669,261 and the average listing age was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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