Building facts
- Address
- 2001 Meridian Avenue
- Neighborhood
- South Beach
- Year built
- 2005
- Floors
- 6
- Residences
- 111
- Status
- Completed
- Developer
- Flagler Holding
- Architect
- Zyscovich Architects
- Pricing
- Starting at $570,000
Key Takeaways
- In 2026 the median price here rose and the price per square foot fell — $1,045,000 against $712,500 in 2023 — but $661 per foot against $738. Bigger apartments sold; the building did not get more expensive.
- The building record was set in May 2026 and it is an outlier — $3,050,000 for a 2,143 sq ft home, $1,423 per square foot — against a four-year median of $677. Nothing else here has come close.
- Every one of the 111 homes has traded on its own at least once — not one folio is without an individual qualified sale. That is unusual, and it means every apartment in the building has a real price history you can look up.
- There is not a studio in the building — 71 one-bedrooms and 40 two-bedrooms, 802 to 2,378 square feet, median 966. The most repeated plan, at 966 sq ft, appears 36 times.
- It trades about once in 19 years per apartment — 23 qualified sales across the last four years against 111 homes. Thin, but steady — there has been no year without sales since the 2005 conversion.
- The declaration closes at 100.9756% — complete, so all 111 homes are accounted for here. The overshoot is an error in the county roll, not a sign that anything is missing.
2001 Meridian Avenue, Miami Beach, Florida 33139 | Neighborhood: South Beach
This is a building where the two most common ways of quoting a price move in opposite
directions, and a buyer who reads only one of them will get the wrong answer. It is worth walking
through, because the same trap applies to most small buildings with a wide range of apartment sizes.
What the county records at 2001 Meridian Avenue
The Miami-Dade County Property Appraiser holds 113 folios at 2001 Meridian Avenue,
all in one declaration, THE MERIDIAN CONDO. 111 are saleable homes;
the other two are a reference folio and a commercial office unit. The declaration’s
common-element shares close at 100.9756% — slightly over, which is an error in
the roll rather than a gap, since a missing folio can only make a declaration close short.
All 111 homes are classified RESIDENTIAL — TOTAL VALUE : CONDOMINIUM —
RESIDENTIAL. They run 802 to 2,378 square feet with a median of 966, and
there is not a studio among them: 71 one-bedrooms and 40 two-bedrooms. The dominant
plan is 966 sq ft, repeated 36 times, followed by 1,450 sq ft at twelve.
For 2026 the county assesses the homes at $63,139,939, a median of
$474,047 across a range of $107,089 to $1,311,000.
One thing I have deliberately left out: a build or conversion year. Several South Beach loft
buildings were demolished and rebuilt behind retained facades, and the county roll can carry the
original structure’s year on a redeveloped parcel. A year gap is a question, not a
finding, and I am not going to publish one I cannot source.
Why the median price rose while the price per foot fell
The record holds 262 qualified transactions. A hundred and six of them closed in
2005, when the apartments were first sold off individually; since then the building has traded
steadily, between three and eighteen times a year, with no year missing entirely.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 7 | $712,500 | $738 |
| 2024 | 5 | $680,000 | $668 |
| 2025 | 5 | $680,000 | $704 |
| 2026 to date | 6 | $1,045,000 | $661 |
Read the median price column alone and 2026 looks like a 46.7% jump on 2023. Read the per-foot
column alone and it looks like a 10.4% fall. Both are correctly calculated from the same six
transactions, and the second one is the one that tells you about value.
The explanation is mix, not movement. This building spans 802 to 2,378 square feet — a factor
of three — so which apartments happen to sell in a given year swings the median price around
completely. In 2026 the larger homes sold. The median price went up because bigger things were
bought, not because the same thing became dearer.
This is why every building page on this site leads with price per square foot. On
23 sales across four years I would not draw a firm direction from either column; what the per-foot
figures support is a level, and the level has sat between roughly $660 and $740 throughout.
One sale that does not belong with the others
On 13 May 2026 a 2,143 square foot home sold for $3,050,000 — and that works
out at $1,423 per square foot, against a four-year median of $677 and a four-year
high, excluding it, of about $1,020.
It is the highest price and the highest per-foot figure in the building’s entire recorded
history, and it is more than double the building’s own median. I am reporting it and
declining to explain it, because the county record shows amounts and dates and never reasons.
It could be an exceptional apartment, an exceptional renovation, or a price that will look odd in
hindsight. What it is not is a comparable for an ordinary unit here.
The rest of the recent top end is more sober: $2,100,000 for a 2,058 sq ft home in February 2023
($1,020/sf), $1,475,000 for a 2,090 sq ft home in May 2024 ($706/sf), $1,440,000 for a 1,450 sq ft home
in January 2023 ($993/sf).
One genuinely good feature of this building’s record: all 111 homes have an individual
qualified sale on file. Not one has only ever moved as part of a block or a transfer. In a
section of this site where several buildings have apartments that have never traded singly at all, that
is worth something — it means whatever you are shown here, there is a real, checkable price
history for the exact unit.
Who this building suits, and who it does not
The absence of studios is the defining fact. A median of 966 square feet, all one and two-bedroom
homes, in a South Beach building with a full price history on every unit, is a fundamentally different
proposition from the studio blocks that dominate this part of the market. If you want genuine loft
space rather than a small pied-à-terre, that is the case for looking here.
It suits you badly if you need liquidity. Twenty-three sales in four years across 111
homes is about one apartment in 19 per year, and the median home here last changed hands in
2017. You should expect a slow sale and a small buyer pool.
It also suits you badly if you are pricing from headline figures. Anyone quoting you the
2026 median price of $1,045,000 as evidence that this building has appreciated is reading the wrong
column, and the per-foot data says the opposite.
If you are selling here, find the recent sales of your own floorplate rather than
the building median — with 36 apartments on the 966 sq ft plan, most owners have real
like-for-like comparables. And be careful about anchoring to the May 2026 record: it is a genuine
recorded sale, but it sits so far outside the building’s own band that a serious buyer’s
agent will discount it, and they will be right to ask why.
Verified 25 August 2026 against the Miami-Dade County Property Appraiser record for
2001 Meridian Avenue, Miami Beach — all 113 folios retrieved individually and grouped by
declaration (THE MERIDIAN CONDO), filtered to the 111 saleable homes and excluding a reference folio
and a commercial office unit. The declaration’s common-element shares close at 100.9756%; a pull
that over-closes cannot be missing folios, so the count is complete and the overshoot is an error in
the county roll. Sale figures are qualified, arm’s-length transactions only, with multi-folio
deeds collapsed so no home is counted twice; 2026 is an incomplete year. No construction or conversion
year is stated: the county’s YearBuilt is not authoritative on a redeveloped parcel and no
primary source has been confirmed. Storey count, architect and amenity detail are omitted for the same
reason. Re-check when the next tax roll publishes.
The Meridian — Frequently Asked Questions
How many units are there at The Meridian?
111 homes, plus a reference folio and one commercial office unit, in the THE MERIDIAN CONDO declaration at 2001 Meridian Avenue. The declaration closes at 100.9756% of its common elements, so that count is complete.
Did prices at The Meridian go up in 2026?
Not per square foot. The median price paid rose to $1,045,000 from $712,500 in 2023, but the median price per square foot fell to $661 from $738. The difference is which apartments sold: this building ranges from 802 to 2,378 square feet, so a year in which larger homes trade lifts the median price without anything becoming dearer.
What is the most expensive sale on record here?
$3,050,000 for a 2,143 square foot home on 13 May 2026, which works out at $1,423 per square foot. That is more than double the building’s four-year median of $677 and the highest figure in its recorded history. It is reported here as a fact, not used as a comparable.
How big are the apartments?
From 802 to 2,378 square feet, median 966. There are no studios — 71 one-bedrooms and 40 two-bedrooms. The most repeated plan is 966 square feet, which appears 36 times.
How often do apartments sell here?
Twenty-three qualified sales across the last four years against 111 homes, roughly one apartment in 19 per year. The median home last changed hands in 2017. The building has traded every year since the 2005 conversion, so it is thin but not dormant.
Does every unit here have a price history?
Yes, and that is unusual. All 111 homes have at least one individual qualified sale on the county record — none has only ever moved as part of a block transfer. Whatever unit you are looking at, there is a real recorded price for it.
Why does this page not give the year the building was built or converted?
Because it cannot be sourced reliably. Several South Beach loft buildings were demolished and rebuilt, and the county roll can keep carrying the original structure’s year on a redeveloped parcel. A gap between a stated year and the county year is a question rather than a finding, and I would rather omit the figure than publish one I cannot stand behind.
Sources and further reading
Interested in selling at The Meridian?
Learn more about selling your condo at The Meridian with Josh Stein.
Frequently asked questions
Are there real converted-warehouse lofts in Miami?
Very few. Parc Lofts at 1749 NE Miami Court is described in the trade as one of the few true industrial-loft buildings in Miami, with 15-foot ceilings on floors one to four and 20-foot ceilings on floors five and six. Most Miami buildings marketed as lofts, including Neo Lofts, Filling Station Lofts, Wynwood Lofts and Loft Downtown I and II, are purpose-built new construction in a loft aesthetic dating from 2002 to 2016.
How much does a loft cost in Miami?
Downtown loft-style condominiums start around $282,000 to $307,000 and average $414 to $451 per square foot across Neo Lofts, Loft Downtown I and Loft Downtown II, on 2026 data. Large-format industrial lofts sit far higher: Parc Lofts runs roughly $1.3 million to $3.0 million at about $756 per square foot for units of 1,970 to 3,774 square feet.
Are Miami lofts good value compared with condos?
On a per-square-foot basis, clearly. Downtown loft product trades at roughly $414 to $451 per square foot while the Downtown luxury condo segment ran $730 per square foot in Q1 2026. Carrying costs are lower too: Loft Downtown II has an HOA near $0.93 per square foot per month against $4 to $7 in South Beach trophy towers.
Which Miami neighborhoods have lofts?
The concentrations are Downtown Miami with Loft Downtown I and II, the Arts and Entertainment District with Parc Lofts and Filling Station Lofts, Wynwood with Wynwood Lofts, Edgewater with Star, Bay and Uptown Lofts, and the Miami River and Brickell edge with Neo Lofts. South Beach has a small cluster of boutique loft buildings including Ilona Lofts and Montclair Lofts, and Coconut Grove has Lofts at Mayfair.
What are the largest lofts in Miami?
Parc Lofts has the largest floorplates of any loft building in the city, with units from 1,970 to 3,774 square feet. Filling Station Lofts runs 832 to 1,639 square feet with 18-foot ceilings. Most Downtown loft towers top out near 1,150 to 1,185 square feet.
Why does nobody build new lofts in Miami anymore?
Land economics. Edgewater and Brickell luxury condos traded at $978 and $950 per square foot in Q1 2026 while loft product trades near $420. A four to six-storey building with 35 to 70 units cannot compete for the same land as a 40-storey tower, and 20-foot ceilings consume roughly two conventional floors of height under fixed limits. No meaningful loft supply has been added since about 2016.
How long do Miami lofts take to sell?
Loft Downtown II averaged 129 days on market over the six months ending July 2026, with sold prices averaging $422 per square foot against an asking average of $451. Downtown carried 46 months of luxury inventory in Q1 2026, the highest in Greater Downtown, which gives buyers meaningful negotiating room.
Who buys lofts in Miami?
Three groups. Creative professionals, since Parc Lofts is documented as a favourite among photographers, musicians and artists and Wynwood Lofts is marketed as a live/work building. Entry-point urban buyers, because Downtown lofts start below $310,000 against a $425,000 Miami-Dade condo median. And rental investors attracted by the low HOA structure, with Loft Downtown II listing 17 units for rent against 15 for sale in July 2026.
Related coverage
Part of Miami Lofts.