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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·South of Fifth·Condominium

Armitage Place No. 1A

243 Meridian Avenue, Miami Beach, FL 33139

South of Fifth

Folio 0242033260001

At a glance
Year built
2006
Residences
10
Building area
17,277 sq ft
Median residence
1,802 sq ft
FEMA flood zone
Zone AE · BFE 8 ft
Latest arms-length sale
$2,300,000 · Nov 2025
Median sale (10 yr)
$1,300,000
Recorded transfers
35
Own an apartment at Armitage Place No. 1A?
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Armitage Place No. 1A is a 10-residence boutique condominium building at 243 Meridian Avenue, in South Beach. County records list 2006 as the year built. It has a median residence of 1,802 square feet.

The recorded market runs to 28 arms-length sales since 2006, an annual turnover rate of 9 percent of the building over the past decade, and a median of $467 per square foot. Across 16 same-unit resales, 81 percent sold above their prior recorded price, with a median gain of 34 percent over a median hold of 6.2 years.

Selling, buying or moving?

Own a residence at Armitage Place No. 1A? See what it would sell for.

Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

At a glance

Common name: Armitage Place

Condominium name: Armitage Place No. 1A Condominium

Building type: Low-rise condominium with elevator

Floors: 4

Unit mix: Plans include two-bedroom residences

Amenities: Heated pool, spa, roof deck, garage parking

Source: The Roebling Research Desk.

Why Armitage Place No. 1A matters

Armitage Place is a four-story building from 2006 in South of Fifth, the southern tip of Miami Beach.

The name needs care. The condominium is Armitage Place No. 1A, one of the numbered condominiums in the Armitage Place development. Each has its own association, which sets dues, reserves and governing documents.

Armitage, at 730 3rd Street, is a separate condominium with its own declaration, built in 1997. Not to be confused with Armitage Place No. 3 at 300 Euclid Avenue, a separate condominium with its own association.

South of Fifth and the Meridian Avenue location

South of Fifth, known as SoFi, is the part of Miami Beach south of Fifth Street, bounded by Government Cut and the Atlantic. It is a residential district of towers and low-rise buildings organized around South Pointe Park, the Government Cut jetty and the cruise-ship channel. Meridian Avenue runs through the residential grid a few blocks from the ocean beach.

The park and the beach are at the southern end of the island, with Lincoln Road and the rest of South Beach a short distance north. The building is in an AE flood zone; ask about flood insurance and elevation.

Architecture and unit composition

The building is four stories with an elevator, a heated pool, a spa, a roof deck and garage parking.

Unit mix. Two-bedroom plans are among them. Use floor plans and association records, and confirm parking assignment by unit.

Building operations

Ask what the association operates and what it costs.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask for the inspection report, the reserve study and any assessment history. Also ask for reserve funding, the current budget and recent financial statements. Ask for the flood insurance history, the master insurance policy and renewal, and whether a special assessment is pending.

Policy framework

Policies, fees and applications, including pets, leasing, minimum lease terms, guest rules and any resale approval, are set by the association and should be confirmed at offer stage. Short-term rental rules in Miami Beach also depend on the building's zoning and the city's rules, so confirm both.

Sales context

One recorded sale, November 2025, at $2,300,000. It is one sale, not a building price. Line, floor, outdoor space and renovation drive the spread.

Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.

What to know if you're buying at Armitage Place

Confirm which association. Verify that the unit is in Armitage Place No. 1A and obtain that association's documents.

Check flood and insurance. The building is in an AE flood zone. Get the master policy, deductible and the unit's flood coverage options.

What to know if you're selling at Armitage Place

Price against your line. Buyers will weigh condition, outdoor space and parking.

Have the documents ready. Budget, financials, SIRS and milestone status shorten diligence.

Comparable buildings

  • Portofino Tower — a large South of Fifth condominium tower at the southern tip of the island.
  • Continuum — the Continuum South Tower (2002, 100 South Pointe Drive) and North Tower (2008, 50 South Pointe Drive).
  • Murano Grande — a South of Fifth condominium on Alton Road.

The neighborhood

For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to South of Fifth.

Run the numbers

Related guides

Recorded sales history

Recorded transfers for this building in Miami-Dade County public records, back to Apr 2006. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.

DateResidenceSizePriceArms-length
Nov 20252112,147 sf$2,300,000✓
Feb 20252131,240 sf$1,125,000✓
Nov 20232151,869 sf$2,210,000✓
Nov 20222151,869 sf$1,950,000✓
Oct 20212141,802 sf$1,300,000✓
Oct 20202141,802 sf$850,000✓
Nov 20191152,195 sf$1,735,000✓
Mar 20191131,240 sf$670,000✓
Aug 20172131,240 sf$650,000✓
Mar 20142151,869 sf$1,064,000✓
Jan 20142141,802 sf$970,000✓
Apr 20131121,250 sf$555,000
Nov 20121121,250 sf$460,200
Jun 20122151,869 sf$862,500✓
Dec 20081152,195 sf$1,000,000✓
Jun 20081141,802 sf$595,000✓
Aug 20072121,250 sf$395,000✓
Aug 20072121,250 sf$525,000✓
Mar 20072141,802 sf$850,000✓
Mar 20071112,482 sf$700,000✓
Feb 20072112,147 sf$652,000✓
Feb 20071121,250 sf$615,000✓
Jan 20072141,802 sf$600,000✓
Jan 20072131,240 sf$465,000✓
Jan 20071152,195 sf$1,047,500✓
Jan 20071131,240 sf$350,000✓
Jan 20071121,250 sf$495,000✓
Jan 20071112,482 sf$750,000✓
Dec 20062151,869 sf$755,000✓
Apr 20062131,240 sf$360,000✓

✓ = qualified arms-length per the Miami-Dade Property Appraiser. 5 nominal-consideration paper transfers omitted.

This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.

Considering a move at Armitage Place No. 1A?

Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com

Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer or solicitation. Apartment estimates are automated, from public records, and are not appraisals.

A note on representation

The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.

To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.