Condominium for sale

$1,299,000

421 Meridian Ave #21Miami Beach, FL 33139

  • 2 Beds
  • 2 Baths
  • 1,115 Sq ft
  • 2011 Built

About this home

Rare South of Fifth Penthouse Loft | Exceptional Investment & Second-Home Opportunity
Discover sophisticated Miami Beach living in this expansive three-story penthouse loft, the largest and most private residence at Meridian 5, ideally located in the coveted South of Fifth neighborhood. Just three blocks from the beach and moments from some of Miami Beach’s finest dining, shopping, and entertainment, this exceptional residence offers the perfect blend of privacy, space, and location.
Fully furnished and filled with natural light, the residence features dramatic 20-foot ceilings, motorized shades, and a modern kitchen with stainless steel appliances. The thoughtfully designed three-level layout includes a private lower-level bedroom and full bath, a spacious Primary Suite with its own private terrace, and an exclusive rooftop deck offering breathtaking views of the Miami skyline.
Residents enjoy access to a sun-drenched pool, along with deeded covered parking—an exceptional convenience in South of Fifth. With the flexibility to serve as a luxurious primary residence, second home, or investment property, the unit offers rental potential of up to 12 times per year, providing an attractive opportunity in one of Miami Beach’s most sought-after neighborhoods.
A rare combination of size, privacy, outdoor space, and location, this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.

Details

MLS #
A12092729
Property type
Condominium
Status
Active
Days on market
37
Neighborhood
MERIDIAN 5 CONDO
County
Miami-Dade County
HOA / association fee
$948 monthly
Property taxes
$14,040 (2025)
Waterfront
No
Private pool
No
View
Skyline
Garage spaces
1
Cooling
Central Air
Interior features
First Floor Entry, Built-in Features, Volume Ceilings
Exterior features
East Of Us1, Courtyard
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

Location

Estimated payment

$8,686/mo with 20% down at 6.5% for 30 years, including taxes and HOA, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Douglas Elliman · Stefania Cambarau. Listing last updated October 28, 2026 5:03 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 29, 2026 12:20 AM.

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