Own South Beach

Meridian 5

421 Meridian Ave · Built 2011 · 4 floors · 20 residences

1 for sale
For sale
1
0 pending · 6.0 mo supply
Median asking
$895K
from $895K
Median $/sqft
$1,039/sqft
$995/sqft sold, 12 mo
Days on market
815
239 to sell · 2 in 12 mo

Meridian 5 is a newer boutique property located in the South of Fifth neighborhood of Miami Beach. The building features a collection of modern two-story lofts situated near South Pointe Park, the beach, and local dining and shopping.

The building offers a private atmosphere and is situated just a few blocks from the beach. It provides a selection of units with high ceilings and floor-to-ceiling windows, some of which include private rooftop terraces with views of the Miami skyline and the ocean.

Live near more of Miami

What surrounds Meridian 5: 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
62
/ 100
B+
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.

Value26
$1,039/sqft — vs. Miami condos
Momentum83
+17.7% $/sqft over 6 months
Liquidity45
6.0 months of supply · 815 days on market
Health94
No verified records yet — listing signals only
Waterfront55
Not waterfront
Age62
Built 2011
own.miami Condo Index
124100 = the median Miami condo, by price and liquidity.
Rank
#177 of 597 tracked Miami condos
Top 30% by price & liquidity
#41 of 86 in South Beach
Momentum
↑ Rising
$1,039/sqft median ask
Liquidity
Balanced
See the full Condo Index →
Want the inside track on Meridian 5?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Meridian 5; bars are closings per month.

$873$995$1117Oct 2025Jul 2026Aug 2026Sep 2026

Location

Nearby buildings within half a mile.

Building facts

Address
421 Meridian Ave
Year built
2011
Floors
4
Residences
20
Waterfront
No

Amenities

  • · Swimming pool
  • · Security system

Building rules

Parking
The building offers gated and covered parking.

Special assessments & recertification outlook

Clear
  • 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.

Frequently asked

How much do condos at Meridian 5 cost?+

There are 1 condos for sale at Meridian 5, from $895,000, with a median asking price of $895,000 ($1,039/sqft).

Is Meridian 5 a good time to buy?+

Meridian 5 currently has about 6.0 months of supply — a balanced pace.

How much are the HOA fees at Meridian 5?+

HOA / maintenance fees at Meridian 5 run around $733 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.

Is Meridian 5 a waterfront building?+

Meridian 5 is not directly on the water.

When was Meridian 5 built?+

Meridian 5 was built in 2011, 4 stories, 20 residences.

Stay ahead
Interested in Meridian 5?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like Meridian 5, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/meridian-5" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>