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242 Meridian Ave, Miami Beach, FL 33139

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For Sale

$3,950,000

5 beds • 4 baths • 1,806 sqft

Estimated Payment

$ 23,048 /mo. †

6.67% APR for 30 yrs.
$32,637 in taxes
Change Loan Terms

  • Single Family Detached
    Property type

  • $2,187.15
    Price per square foot

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

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
MLS# A11618453

Courtesy Of Keller Williams Realty

(305) 695-1112

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Vaulted Ceiling, Cable Ready
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Block, Stucco
  • Fireplace
    Fireplace
  • Floor Covering
    Marble

Map and Directions

Directions to 242 Meridian Ave, Miami Beach, FL 33139

Home seller CENTURY 21 Dorar Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Dorar Realty

(305) 264-6000
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $20,328
  • Property Taxes
    $2,719
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $23,048

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

We don't have all the school attendance zone information for this listing. Contact a local CENTURY 21 office for more information.

Other Nearby Schools Distance Type Grades School Rating
South Pointe Elementary School 0.2 miles Public PK-5 A
Fisher Island Day School 0.8 miles Private PK-8
Fienberg/fisher K-8 Center 1 miles Public PK-5 B-
Miami Beach Senior High School 1.9 miles Public 9-12 C-
Rasg Hebrew Academy 2.2 miles Private PK-12
Miami Children's Museum Charter School 2.7 miles Public KG-5 A-
Amikids Miami-dade South 2.7 miles Public 6-12
St Patrick School 2.8 miles Private KG-8
Mater Academy At Mount Sinai 2.8 miles Public KG-5
Tree Of Knowledge Learning Academy 2.8 miles Private 4-12
Mesifta Of Greater Miami 2.8 miles Private 9-12
Casa Dei Bambini Montessori School 2.9 miles Private UG
North Beach Elementary School 2.9 miles Public PK-5 A+
Nautilus Middle School 3 miles Public 6-8 C-
Temple Beth Sholom Innovative School 3 miles Private PK-4
Mast Academy 3 miles Public 6-12 A+
Worlded International School 3.5 miles Private 6-12
Tiniciti Preschool 3.5 miles Private PK-KG
I Preparatory Academy 3.6 miles Public PK-12 A+
District Instructional Center (dic) 3.6 miles Public KG-12

South Pointe Elementary School

Distance: 0.2 miles

Type Public

Grades: PK-5

A

Fisher Island Day School

Distance: 0.8 miles

Type Private

Grades: PK-8

Fienberg/fisher K-8 Center

Distance: 1 miles

Type Public

Grades: PK-5

B-

Miami Beach Senior High School

Distance: 1.9 miles

Type Public

Grades: 9-12

C-

Rasg Hebrew Academy

Distance: 2.2 miles

Type Private

Grades: PK-12

Miami Children's Museum Charter School

Distance: 2.7 miles

Type Public

Grades: KG-5

A-

Amikids Miami-dade South

Distance: 2.7 miles

Type Public

Grades: 6-12

St Patrick School

Distance: 2.8 miles

Type Private

Grades: KG-8

Mater Academy At Mount Sinai

Distance: 2.8 miles

Type Public

Grades: KG-5

Tree Of Knowledge Learning Academy

Distance: 2.8 miles

Type Private

Grades: 4-12

Mesifta Of Greater Miami

Distance: 2.8 miles

Type Private

Grades: 9-12

Casa Dei Bambini Montessori School

Distance: 2.9 miles

Type Private

Grades: UG

North Beach Elementary School

Distance: 2.9 miles

Type Public

Grades: PK-5

A+

Nautilus Middle School

Distance: 3 miles

Type Public

Grades: 6-8

C-

Temple Beth Sholom Innovative School

Distance: 3 miles

Type Private

Grades: PK-4

Mast Academy

Distance: 3 miles

Type Public

Grades: 6-12

A+

Worlded International School

Distance: 3.5 miles

Type Private

Grades: 6-12

Tiniciti Preschool

Distance: 3.5 miles

Type Private

Grades: PK-KG

I Preparatory Academy

Distance: 3.6 miles

Type Public

Grades: PK-12

A+

District Instructional Center (dic)

Distance: 3.6 miles

Type Public

Grades: KG-12

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Miami Beach, FL 33139

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Miami Beach, FL 33139

This community’s employment is highest in the sales and administrative support industries. The area’s overall household expenses are above the national average.

88° August
Hottest Average Month
61° January
Coldest Average Month
21,782 Total Households in Area
-2.1% Increase in population since the year 2010
11.8%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Miami Beach, FL 33139

Miami Beach, FL 33139 has a population of 38,112 people in 21,782 households with a median age of 43.8 years old.

-2.1%
Decrease in population
since the year 2010
Population is Trending down
22,556
Total households as of 2010
3.4%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.8 years old. The smallest percentage group is 25-34 years and the largest percentage is the 12-17 years age range.

Community Population By Ethnicity

White 50%
Hispanic 45%
Other 12%
Black 3%
Asian 3%
Native American <1%
The most prevalent ethnicity is White at 50%, followed by Hispanic at 45%, Other at 12%, and Black at 3%.

Economics
for Miami Beach, FL 33139

5,810 /sq mi
Population Density
$64,156 /yr
Median Household Income
$425,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Under $15k representing 16.06% of the households.

Transportation to Work

  • Drive 51%
  • Walk or Bike 26%
  • Work from Home 18%
  • Public Transit 5%

Occupancy by Type

Rented 14,982 49%
Vacant 8,796 29%
Owned 6,800 22%

White vs Blue Collar Jobs







White Collar 87%
Blue Collar 13%

Family & Education Facts
for Miami Beach, FL 33139

43.8 Median Age

Average Household Size

1.7
persons per
household

27.3%

Married Households

Community Population By Education

Bachelors Degree 30%
Graduate Degree 25%
High School Graduate 15%
Some College 12%
Associates Degree 9%
Some High School 8%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 30.07% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
11.7% of households have children

Weather
for Miami Beach, FL 33139

The weather for this area ranges from a high of 88° F in August to a low of 61° F in January

88° August
Hottest Average Month
61° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
61°
75°
Feb
62°
75°
Mar
65°
78°
Apr
69°
80°
May
73°
83°
Jun
75°
86°
Jul
77°
87°
Aug
77°
88°
Sep
76°
86°
Oct
73°
83°
Nov
68°
79°
Dec
63°
76°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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