Own South Beach · South of Fifth

Armitage Place

243 Meridian Avenue · Built 2006 · 4 floors · 10 residences

1 for sale
For sale
1
0 pending · 12.0 mo supply
Median asking
$1.2M
from $1.2M
Median $/sqft
$967/sqft
$1,071/sqft sold, 12 mo
Days on market
57
82 to sell · 1 in 12 mo
Armitage Place
Listing photo · courtesy of Balistreri Real Estate Inc · MLS #B26066477

Armitage is a boutique, Mediterranean-style condominium located on a tree-lined street in the South of Fifth neighborhood. The building offers a sense of single-family home living with a design that emphasizes indoor-outdoor living.

The property features a sparkling pool and a lush courtyard located just outside the residences. The building is situated near South Pointe Park, local dining, and shopping.

Live near more of Miami

What surrounds Armitage Place: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
70
/ 100
A−
own.miami Score

A data-grounded score for Armitage Place from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value71
$967/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity53
12.0 months of supply · 57 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age67
Built 2006 — vs. South Beach buildings
own.miami Condo Index
121Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#240 of 698 tracked Miami condos
Top 34% by price per sq ft
#45 of 121 in South Beach
Momentum
→ Steady
$967/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Armitage Place; bars are closings per month.

$838$1045$1251Dec 2023Feb 2025Nov 2025Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
243 Meridian Avenue
Year built
2006
Floors
4
Residences
10
Developer
243 Meridian & 3RD ST., LLC Suite O-305
Waterfront
No

Amenities

  • · Pool
  • · Courtyard

Building rules

Parking
The building offers attached garage parking and covered parking spaces.

Special assessments & recertification outlook

Watch

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2006 — its first 25-year structural milestone inspection is due around 2031

Estimated from Armitage Place’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Armitage Place: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

33Limited financing
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
—
1 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1

Low confidence — few loans · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with South Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft.
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
3.9 ft
Lowest nearby street
2.8 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.8 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Armitage Place cost?+

There are 1 condos for sale at Armitage Place, from $1,199,000, with a median asking price of $1,199,000 ($967/sqft).

How much are the HOA fees at Armitage Place?+

HOA / maintenance fees at Armitage Place run around $1,280 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

When was Armitage Place built?+

Armitage Place was built in 2006, 4 stories, 10 residences.

Who developed Armitage Place?+

Armitage Place was developed by 243 Meridian & 3RD ST., LLC Suite O-305.

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