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5 exhibitions within 1 mile
Art Week Score 60 · #82 in South Beach
#82 in South Beach · #106 in Miami
Nearest: Joseph's Machines brunch at the Jewish Museum of Florida, 0.1 mi away
For sale
2
0 pending · 24.0 mo supply
Median asking
$1.1M
from $895K
Median $/sqft
$1,102/sqft
$1,076/sqft sold, 12 mo
Days on market
427
20 to sell · 1 in 12 mo
Meridian 5 is a condominium at 421 Meridian Ave in the South of Fifth district of South Beach, with 4 floors and 20 residences, completed in 2011.
The building is in FEMA zone AE, part of the Special Flood Hazard Area, where FEMA maps a 1% yearly chance of flooding and lenders require flood insurance for federally backed or federally regulated mortgages. It is also in Miami-Dade hurricane evacuation zone B. The lowest street next to the building is 2.1 ft above the highest tide predicted for 2026 at Virginia Key.
A public records check run on October 22, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. On the 2025 tax roll, 20% of the 20 units carry a homestead exemption and 35% are owned by a company or trust. The Miami-Dade Clerk recorded 2 resale deeds in the 12 months to October 22, 2026.
The nearest Publix is 460 m away in a straight line, about 0.3 miles. The Car-Free Index is 1.
Live near more of Miami
What surrounds Meridian 5: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
71 / 100
Nearest Publix: Publix at Fifth & Alton, 0.3 mi
#23 in South Beach · #112 in Miami
Walk over, walk back, one bag per hand.
1 Publix stores nearby
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
71
/ 100
A−
own.miami Score
A data-grounded score for Meridian 5 from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value66
$1,102/sqft — vs. South Beach condos, then all of Miami
Momentum86
+17.7% $/sqft over 6 months
Liquidity31
12.0 months of supply · 427 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age77
Built 2011 — vs. South Beach buildings
own.miami Condo Index
131Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#195 of 698 tracked Miami condos
Top 28% by price per sq ft
#37 of 121 in South Beach
Momentum
↑ Rising
$1,102/sqft median ask
Liquidity
Balanced
Want the inside track on Meridian 5?
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Inventory
$1,299,000$1,165/sqft
2 bd · 2 ba · 1,115 sqft
421 Meridian Ave #21
Short-term leases OK
Listing courtesy of Douglas Elliman, Stefania Cambarau (Lic. #3262980) · MLS #A12092729
$895,000$1,039/sqft
1 bd · 2 ba · 861 sqft
421 Meridian Ave #19
No special assessmentsShort-term leases OK
Listing courtesy of Luxe Properties, Jorge Fernandez (Lic. #3335113) · MLS #A12015099
Sold $/sqft trend
3-month rolling median of closed sales in Meridian 5; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 421 Meridian Ave
- Year built
- 2011
- Floors
- 4
- Residences
- 20
- Developer
- J Cubed, LLC
- Waterfront
- No
Amenities
- · Swimming pool
- · Security system
Building rules
- Parking
- The building offers gated and covered parking.
Special assessments & recertification outlook
ClearPublic records checked Oct 30, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Listings note no special assessment currently
- Built 2011 — its first 25-year structural milestone inspection is due around 2036
Estimated from Meridian 5’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 Meridian 5: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
No bank mortgages recorded here in the last two years. That is not a verdict on the building — many condos trade for cash — only the absence of a signal.
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 (NGVD29).
- 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
- 4.6 ft
- Lowest nearby street
- 3.1 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.1 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.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR72535 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Meridian 5 cost?+
There are 2 condos for sale at Meridian 5, from $895,000, with a median asking price of $1,097,000 ($1,102/sqft).
How much are the HOA fees at Meridian 5?+
HOA / maintenance fees at Meridian 5 run around $841 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 Meridian 5 built?+
Meridian 5 was built in 2011, 4 stories, 20 residences.
Who developed Meridian 5?+
Meridian 5 was developed by J Cubed, LLC.
Stay ahead
Interested in Meridian 5?
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If you like Meridian 5, compare
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734 Michigan
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Artepark North
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