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Palm Residences

1570 Meridian Ave · Built 1935 · 2 floors · 4 residences

Recently sold (1)
For sale
0
0 pending
Sold, 12 months
1
1 recorded sale
Last sale
$525K
Jul 15, 2026
Last sale, per sqft
$654/sqft
$654/sqft sold, 12 mo
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No units for sale right now

1 sold in the last 12 months. Get an email the moment a unit lists here — and our team will reach out so you can move first.

Off-market and pocket listings never hit the portals. Ask us — we know who is thinking of selling.

Palm Residences is a 1935 building on Meridian Ave in South Beach, with 2 floors and 4 condominium units.

The building sits in FEMA flood 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. The lowest street next to the building is 1 ft above the highest tide predicted for 2026 at Virginia Key. It is in Miami-Dade hurricane evacuation zone B.

The Car-Free Index is 1, and the nearest Publix is 730 m away in a straight line, about 0.5 miles. One active tower construction site is within 1 km, which can mean noise and traffic while it lasts.

A public records check run on October 23, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. The Miami-Dade Clerk recorded 1 resale deed in the 12 months to October 22, 2026.

Live near more of Miami

What surrounds Palm Residences: 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
60
/ 100
B
own.miami Score

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

Value15
$654/sqft — vs. South Beach condos, then all of Miami
Momentum50
Recent price trend
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront55
Not waterfront
Age2
Built 1935 — vs. South Beach buildings
own.miami Condo Index
104At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#319 of 698 tracked Miami condos
Top 46% by price per sq ft
#66 of 121 in South Beach
Momentum
→ Steady
$654/sqft median ask
Liquidity
Hot
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Palm Residences; bars are closings per month.

Not enough closed sales yet for a trend.

Location

Nearby buildings within half a mile.

Building facts

Address
1570 Meridian Ave
Year built
1935
Floors
2
Residences
4
Developer
SUN Centre, A FLA General Partnership
Waterfront
No

Amenities

Amenity list coming soon.

Building rules

Pet, leasing and parking rules are being verified with the association.

Special assessments & recertification outlook

Elevated

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

  • Built 1935 — past its first structural milestone; next inspection around 2030

Estimated from Palm Residences’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 Palm Residences: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

39Limited financing
Mortgages recorded, 12 months
0
0 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
—

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
2.8 ft
Lowest nearby street
2.0 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.0 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

When was Palm Residences built?+

Palm Residences was built in 1935, 2 stories, 4 residences.

Who developed Palm Residences?+

Palm Residences was developed by SUN Centre, A FLA General Partnership.

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