421 Meridian Ave # 21

421 Meridian Ave # 21, Miami Beach FL 33139

$1,299,000

For Sale New — 1 day on market 3D Tour

2 Beds · 2 Baths · 1,115 SqFt

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Stefania Cambarau

Overview

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.

Facts & features

Interior

Living area (sq ft): 1,115
Full bathrooms: 2

First Floor Entry
Built-in Features
Volume Ceilings

Building & exterior

Year built: 2011
Garage spaces: 1
Covered spaces: 1

Skyline
East Of Us1
Courtyard
1 Space

HOA (homeowners association)

Association fee: $948 per month
Pets allowed: Yes

Bike Storage
Elevator(s)
Pool
Ok To Lease

Taxes

Annual tax: $14,040
Tax year: 2025
Parcel number: 02-42-03-354-0200

Assigned schools

Elementary: South Pointe
Middle: Nautilus
High: Miami Beach

Listing

MLS number: A12092729
Property type: Condominium
Price per SqFt: $1,165
Subdivision: MERIDIAN 5 CONDO
On market since: Sep 21, 2026
Days on market: 1

Estimated monthly cost

$9,661 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $6,568
Property tax: $1,170
Insurance (estimated): $974
Association fee: $948

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

BaseCamp 305 Jr Private · KG-KG · 0.10 mi
South Pointe Elementary School Private · 01-10 · 0.22 mi
Miami Beach South Pointe Elementary Public · PK-5 · 0.22 mi
Lubavitch Educational Center - Yeshiva Gedolah Private · 01-12 · 0.67 mi
Miami Beach Fienberg/Fisher K-8 Center Public · PK-8 · 0.86 mi
Miami Beach Adult & Community Education Center Public · 0 · 0.86 mi
Fisher Island Day School Private · PK-08 · 0.93 mi

3 Beds · 2 Baths · 1,328 Sq Ft

$1,000/mo HOA

$999,000 View details

3D Tour

Luxe Properties

Meridian 5

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