Published on: Wednesday, June 19, 2024
Updated on: Wednesday, June 19, 2024
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About the Lister
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Name: Glimoaldo Evangelista
Company: Elite International Realty Inc.
Office Phone: 305 788 - 7171
Cell Phone: 305 788 - 7171
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538 Meridian Ave MIAMI BEACH Miami Beach Florida , 33139
538 Meridian Ave MIAMI BEACH Miami Beach Florida , 33139Elite International Realty Inc.
Listing ID: CL-Florida-10716

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): Contact Lister
Net Operating Income: Contact Lister
Commission Split (%): 2
Quick Glance
Listing ID: CL-Florida-10716
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2019
Building Size: 18,301.00 SqFt
Lot Size: 18,301.00 SqFt.
No of Stories: N/A
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
Unique asset in South Beach, on Meridian and 5th Ave. Triple-Net (NNN)
Complete Details
Year Build: 2019
Building Size: 18,301
No of Stories: N/A
Total Lot Area: 18301 SqFt.
No of Parking: N/A
No of Total Units: N/A
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
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.
Additional Properties
Property Other Use
  • Commercial/Residential Income, Hotel/Motel
Listing Location
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