2001 Meridian Ave, #516, Miami Beach, FL, 33139 | $650,000

Sensational south facing loft with sky high views of South Beach. Step inside #516, centrally sited on the 5th floor, this is the primest location for a 1 bedroom at The Meridian today!
The expansive open floor plan is luxurious w/ 966 SF, soaring 11 ¾’ ceilings & balcony overlooking
the Miami Beach Botanical Garden. Versatile in its layout, the floor plan is comprised of 1BD/1. 5BA. A modern boutique enclave w/ only 111 units, The Meridian’s prime location in the heart of South Beach where Dade Boulevard & Meridian Avenue meet is one of its many charms.
The Meridian offers 24-hr doorman, secure elevator entry, resort style roof top swimming pool, well appointed fitness center. Walk to Lincoln Rd, Sunset Harbour, the beach & all that is the American riviera.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Elevator(s),Fitness Center,Pool,Spa/Hot Tub
  • Bedrooms: 1
  • Baths: 1 full / 1 half
  • Complex: THE MERIDIAN CONDO
  • Year Built: 2005
  • Common Charge: $1,296 Monthly
  • Approx Sq. Feet: 966
  • Est. Taxes: $7,333
  • View: Garden
  • Elem. School: North Beach
  • Middle School: Nautilus
  • High School: Miami Beach
  • Pets Allowed: Yes
  • Pet Policy: Conditional,Yes
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Washer
  • MLS#: A11574538
  • Days on Market: 197 days
  • Website: https://www.raveis.com
    /prop/A11574538/2001meridianave_miamibeach_fl?source=qrflyer
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Listing courtesy of BHHS EWM REALTY   Phone: 305-674-4050

William Raveis Family of Services

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

2001 Meridian Ave, #516, Miami Beach, FL, 33139

$650,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $520,000 $520,000 $520,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $611 $611 $611
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,592 $3,503 $4,423
Total Monthly Payment $4,295 $4,206 $5,126

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.