751 Meridian Apartments is an excellent income producing property. It's a 12 unit building with a grandfathered license for short term rentals (weekly): 6 - one bed apartments & 6 - studio apartments (1 studio is used for linen storage/house keeping). All units have 1 full bathroom, fully equipped kitchens, and nicely furnished. The hotel is being promoted through hotel reservation centers where it's rated 8.8/10 with 500+ reviews. It's also rated #1 of 94 for Specialty Lodging in Miami Beach area by TripAdvisor. 11 assigned parking spaces - rare to find in the SoBe area. Excellent location, just 5 blocks to the beach & walking distance to Lincoln Road's restaurants & shops. Well maintained & managed. Business information, financials & other records are available.
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