Meridian Place
325 Meridian Avenue, Miami Beach, FL 33139
South of Fifth
Folio 0242031900001
- Year built
- 1994
- Residences
- 18
- Building area
- 23,400 sq ft
- Median residence
- 1,300 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $1,400,000 · Apr 2026
- Median sale (10 yr)
- $900,000
- Recorded transfers
- 99
Meridian Place is an 18-residence boutique condominium building at 325 Meridian Avenue, in South Beach. County records list 1994 as the year built. It has a median residence of 1,300 square feet.
The recorded market runs to 83 arms-length sales since 1994, an annual turnover rate of 8.9 percent of the building over the past decade, and a median of $246 per square foot. Across 64 same-unit resales, 98 percent sold above their prior recorded price, with a median gain of 54 percent over a median hold of 4.7 years. The 6 sales since 2023 carry a median of $923 per square foot, against a record that opens in 1994 and spans several market cycles.
Own a residence at Meridian Place? 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.
646.939.7375 · c.cohen@compass.com
At a glance
Condominium: Meridian Place Condominium
Building type: Small condominium of 18 residences, built in 1994
Amenities: Garage parking and gated entry
Source: The Roebling Research Desk.
Why Meridian Place matters
Meridian Place is a small, low-density building on a residential block in South of Fifth. It has 18 residences. South of Fifth is the southern tip of Miami Beach, below 5th Street. The building was built in 1994 and has garage parking and tri-level townhome-style plans.
South of Fifth
South of Fifth runs from 5th Street south to the end of the island. The park at South Pointe sits at the tip, with a pier, lawns and a view of ships moving in and out of Government Cut. Ocean Drive and Lincoln Road are north of it, and the Miami Beach marina is on the bay side. The beach, the park and the marina are within walking distance.
Architecture and unit composition
Residences include tri-level townhome-style plans with garage parking. Ask the association for the unit schedule and floor plans before comparing any two units.
Building operations
Request the current budget, the reserve study and the most recent financial statements. Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules. Ask for the inspection report and any assessment notices.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, April 2026, at $1,400,000. 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.
What to know if you're buying at Meridian Place
Know what you are buying. Plans differ by unit. Get the floor plan, the interior area and the garage assignment in writing.
Ask about reserves. Check the reserve balance and any planned work.
Check flood exposure. Ask for the flood zone and the elevation certificate.
What to know if you're selling at Meridian Place
Price from the nearest trades. Be ready to explain the plan, the garage and the street.
Have the documents ready. A current budget and reserve study answer the first questions a buyer's attorney asks.
Comparable buildings
- Portofino Tower — a high-rise condominium at the southern tip of Miami Beach.
- South Pointe Towers I — a condominium at South Pointe, South of Fifth.
- Murano at Portofino — a condominium tower in South of Fifth.
Compared with
- Armitage, South of Fifth
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to South of Fifth.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Jul 1994. 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.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Apr 2026 | 12 | 1,300 sf | $1,400,000 | ✓ |
| Nov 2024 | 8 | 1,300 sf | $1,200,000 | ✓ |
| Apr 2024 | 15 | 1,300 sf | $1,050,000 | ✓ |
| Jan 2024 | 2 | 1,300 sf | $1,200,000 | ✓ |
| Oct 2023 | 1 | 1,300 sf | $1,200,000 | ✓ |
| Jul 2023 | 12 | 1,300 sf | $900,000 | ✓ |
| May 2022 | 17 | 1,300 sf | $1,000,000 | ✓ |
| Nov 2021 | 4 | 1,300 sf | $925,000 | ✓ |
| Nov 2021 | 3 | 1,300 sf | $900,000 | ✓ |
| May 2021 | 2 | 1,300 sf | $745,000 | ✓ |
| Jan 2021 | 9 | 1,300 sf | $729,000 | ✓ |
| Jan 2021 | 1 | 1,300 sf | $775,000 | ✓ |
| Jul 2019 | 3 | 1,300 sf | $727,500 | ✓ |
| Jul 2019 | 3 | 1,300 sf | $16,667 | |
| Jun 2019 | 19 | 1,300 sf | $725,000 | ✓ |
| Apr 2018 | 8 | 1,300 sf | $690,000 | ✓ |
| Jun 2017 | 17 | 1,300 sf | $722,500 | ✓ |
| Dec 2015 | 1 | 1,300 sf | $890,000 | ✓ |
| Oct 2014 | 19 | 1,300 sf | $590,000 | |
| Sep 2014 | 1 | 1,300 sf | $700,000 | ✓ |
| Jun 2014 | 19 | 1,300 sf | $436,700 | |
| May 2014 | 17 | 1,300 sf | $627,000 | ✓ |
| Jul 2013 | 15 | 1,300 sf | $589,000 | ✓ |
| Mar 2012 | 3 | 1,300 sf | $515,000 | ✓ |
| Feb 2010 | 6 | 1,300 sf | $330,000 | |
| Aug 2009 | 11 | 1,300 sf | $425,000 | ✓ |
| Apr 2009 | 8 | 1,300 sf | $480,000 | ✓ |
| Jan 2008 | 7 | 1,300 sf | $512,500 | ✓ |
| May 2007 | 16 | 1,300 sf | $525,000 | ✓ |
| Apr 2007 | 19 | 1,300 sf | $564,500 | ✓ |
| Jun 2006 | 14 | 1,300 sf | $560,000 | ✓ |
| Mar 2006 | 10 | 1,300 sf | $606,000 | ✓ |
| Oct 2005 | 9 | 1,300 sf | $580,000 | ✓ |
| Oct 2005 | 5 | 1,300 sf | $600,000 | ✓ |
| Aug 2005 | 10 | 1,300 sf | $550,000 | ✓ |
| Jun 2005 | 6 | 1,300 sf | $549,000 | ✓ |
| Dec 2004 | 4 | 1,300 sf | $358,000 | ✓ |
| Feb 2004 | 18 | 1,300 sf | $348,000 | ✓ |
| Feb 2004 | 14 | 1,300 sf | $370,000 | ✓ |
| Feb 2004 | 12 | 1,300 sf | $365,000 | ✓ |
| Dec 2003 | 17 | 1,300 sf | $348,000 | ✓ |
| Jun 2003 | 7 | 1,300 sf | $335,000 | ✓ |
| Jun 2003 | 7 | 1,300 sf | $335,000 | ✓ |
| Dec 2002 | 10 | 1,300 sf | $340,000 | ✓ |
| Dec 2002 | 5 | 1,300 sf | $340,000 | ✓ |
| Jun 2002 | 15 | 1,300 sf | $305,000 | ✓ |
| Jun 2002 | 11 | 1,300 sf | $320,000 | ✓ |
| Mar 2002 | 6 | 1,300 sf | $299,000 | ✓ |
| Nov 2001 | 8 | 1,300 sf | $290,000 | ✓ |
| May 2001 | 2 | 1,300 sf | $316,000 | ✓ |
| Jan 2001 | 19 | 1,300 sf | $299,000 | ✓ |
| Jan 2001 | 18 | 1,300 sf | $262,500 | ✓ |
| Sep 2000 | 7 | 1,300 sf | $241,000 | ✓ |
| Mar 2000 | 12 | 1,300 sf | $239,300 | ✓ |
| Nov 1999 | 12 | 1,300 sf | $230,000 | ✓ |
| May 1999 | 7 | 1,300 sf | $200,000 | ✓ |
| Apr 1999 | 14 | 1,300 sf | $215,000 | ✓ |
| Apr 1999 | 10 | 1,300 sf | $210,000 | ✓ |
| Mar 1999 | 9 | 1,300 sf | $219,000 | ✓ |
| Mar 1999 | 3 | 1,300 sf | $225,000 | ✓ |
| Mar 1999 | 1 | 1,300 sf | $235,000 | ✓ |
| Sep 1998 | 17 | 1,300 sf | $207,000 | ✓ |
| Sep 1998 | 4 | 1,300 sf | $196,000 | ✓ |
| Jul 1998 | 2 | 1,300 sf | $187,000 | ✓ |
| Jun 1998 | 17 | 1,300 sf | $187,000 | ✓ |
| Mar 1998 | 19 | 1,300 sf | $220,000 | ✓ |
| Aug 1996 | 3 | 1,300 sf | $190,000 | ✓ |
| Aug 1995 | 7 | 1,300 sf | $185,000 | ✓ |
| Jul 1995 | 2 | 1,300 sf | $180,000 | ✓ |
| Aug 1994 | 19 | 1,300 sf | $171,200 | ✓ |
| Aug 1994 | 18 | 1,300 sf | $158,900 | ✓ |
| Aug 1994 | 17 | 1,300 sf | $160,200 | ✓ |
| Aug 1994 | 16 | 1,300 sf | $172,700 | ✓ |
| Aug 1994 | 15 | 1,300 sf | $145,900 | ✓ |
| Aug 1994 | 14 | 1,300 sf | $138,500 | ✓ |
| Aug 1994 | 12 | 1,300 sf | $155,900 | ✓ |
| Aug 1994 | 11 | 1,300 sf | $155,900 | ✓ |
| Aug 1994 | 10 | 1,300 sf | $144,900 | ✓ |
| Jul 1994 | 9 | 1,300 sf | $135,200 | ✓ |
| Jul 1994 | 8 | 1,300 sf | $131,900 | ✓ |
| Jul 1994 | 7 | 1,300 sf | $134,900 | ✓ |
| Jul 1994 | 6 | 1,300 sf | $138,600 | ✓ |
| Jul 1994 | 5 | 1,300 sf | $134,900 | ✓ |
| Jul 1994 | 4 | 1,300 sf | $141,100 | ✓ |
| Jul 1994 | 3 | 1,300 sf | $162,200 | ✓ |
| Jul 1994 | 2 | 1,300 sf | $138,700 | ✓ |
| Jul 1994 | 1 | 1,300 sf | $173,600 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 12 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 Meridian Place?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
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.
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.