1550 Meridian Avenue; This renovated eight-unit multifamily building lies in the heart of South Beach's most desirable district. Built in 1937 of concrete block and stucco it survives in excellent condition. Fully occupied, all the units are generously scaled 1-Bedrooms. The building comprises 5,231 leasable SF on a 7500-square foot lot. Its proximity to Lincoln Road Mall, Flamingo Park, the Beach, New Convention Center, the renaissance of Alton Road, and the Entertainment District make it an attractive place to live for business owners and young professionals alike. Units feature wood floors, newer kitchens and baths, and many original details. The exterior features new impact windows nd doors, new awnings, common area upgrades, plaster and paint, new fencing and landscape.