Meridian 5

Common name: Meridian 5, also known as Meridian 5 Lofts

Condominium: The condominium is named Meridian 5 Condo.

Building type: Boutique condominium, four stories with elevator

Floors: 4

Unit sizes: About 860 to 1,115 square feet, in one- and two-bedroom plans

Amenities: Heated pool, common roof deck, garage and assigned parking, elevator

In-unit: Washer and dryer, central air

Waterfront: No

Source: The Roebling Research Desk.

Meridian 5 has 20 residences in four stories, a pool, a roof deck and a garage, a few blocks from South Pointe.

The building was completed in 2011 and is also known as Meridian 5 Lofts. Not to be confused with The Meridian (also known as Meridian Lofts) at 2001 Meridian Avenue or Meridian Place at 325 Meridian Avenue.

A 20-unit association spreads costs across few owners; ask for the reserve study and the inspection record.

South of Fifth, often shortened to SoFi, is the southern tip of Miami Beach, below Fifth Street. South Pointe Park, the pier and the Government Cut shipping channel are at the southern edge, and the ocean is a short walk east.

The neighborhood has a mix of large oceanfront towers on its eastern edge and low-rise buildings inland, where Meridian 5 sits. Washington Avenue, with shops and restaurants, is a few blocks away.

The building is four stories with an elevator and a garage. Residences range from about 860 to 1,115 square feet. One-bedroom plans of about 860 square feet and two-bedroom, two-bath plans of about 950 to 1,115 square feet make up the building. Units include in-unit washers and dryers and central air.

The pool is heated and the roof deck is common. Parking is covered and assigned. Ask whether a parking space is deeded to the unit or assigned by the association, and how many spaces each unit has.

Ask what the monthly charges cover, which utilities are included and how common-area maintenance is funded.

Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories, and this building has four; ask for the inspection report, the reserve study and any assessment history. Also ask for the current budget and any special assessments. In a 20-unit building, ask how many units are owner-occupied.

Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.

One recorded sale, October 2025, at $870,000. It is one sale, not a building price.

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

Read the reserves first. In a 20-unit building, a single assessment is divided among few owners. Ask for the study, budget and inspection record.

Check parking. Get the parking assignment in writing, including whether it is deeded.

Ask about leasing. If you plan to rent the unit, get the minimum term and any cap before contract.

Price against the same plan. Use trades on one-bedroom or two-bedroom plans, not an average across both.

Have the documents ready. A current budget, reserve study and inspection summary answer a buyer's first questions in a small building.

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