# Armitage Place

As of 2026-10-14, Armitage Place in South Beach has 1 units for sale at a median asking price of $1.2M ($967/sqft); 1 units sold in the last 12 months.

Armitage is a boutique Mediterranean-style condominium located in the South of Fifth neighborhood of Miami Beach.

## Key facts

| | |
|---|---|
| Address | 243 Meridian Avenue |
| Neighborhood | South of Fifth, South Beach |
| Year built | 2006 |
| Floors | 4 |
| Units | 10 |
| Waterfront | no |
| Developer | 243 Meridian & 3RD ST., LLC Suite O-305 |
| For sale | 1 |
| Pending | 0 |
| Median asking price | $1,199,000 |
| Median asking $/sqft | $967/sqft |
| Sold, last 12 months | 1 |
| Median sold $/sqft, 12 months | $1,071/sqft |
| Months of inventory | 12.0 |
| Median HOA | $1,280/mo |
| Parking | The building offers attached garage parking and covered parking spaces. |

## Own Miami measures

- **own.miami Building Score: 70 (A−)**
  - Value: 71 — $967/sqft — vs. South Beach condos, then all of Miami
  - Momentum: 50 — Recent price trend
  - Liquidity: 53 — 12.0 months of supply · 57 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 55 — Not waterfront
  - Age: 67 — Built 2006 — vs. South Beach buildings
- **Own Miami Condo Index: 121** (above_market; 100 = the market-median building, 200 = twice its $/sqft; rank 240 of 698 tracked Miami condos)
- **Financeability Index: 33** (limited; 12-month window, 1 recorded mortgages, — of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: watch (next structural milestone inspection due 2031)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months)

## Frequently asked questions

**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.

## Related pages

- [South Beach — neighborhood guide](https://own.miami/south-beach)
- [All units for sale at Armitage Place](https://own.miami/buildings/armitage-place/for-sale)
- [The Floridian](https://own.miami/buildings/the-floridian)
- [The Waverly at South Beach](https://own.miami/buildings/the-waverly-at-south-beac)
- [The Meridian](https://own.miami/buildings/the-meridian)
- [Yacht Club At Portofino](https://own.miami/buildings/yacht-club-at-portofino-c)

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Source: Own.Miami — https://own.miami · data as of 2026-10-14
Canonical page: https://own.miami/buildings/armitage-place
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai