421 Meridian Ave # 21, Miami Beach FL 33139

The residence

About this property

Rare South of Fifth Penthouse Loft | Exceptional Investment & Second-Home Opportunity Discover sophisticated Miami Beach living in this expansive three-story penthouse loft, the largest and most private residence at Meridian 5, ideally located in the coveted South of Fifth neighborhood. Just three blocks from the beach and moments from some of Miami Beach’s finest dining, shopping, and entertainment, this exceptional residence offers the perfect blend of privacy, space, and location. Fully furnished and filled with natural light, the residence features dramatic 20-foot ceilings, motorized shades, and a modern kitchen with stainless steel appliances. The thoughtfully designed three-level layout includes a private lower-level bedroom and full bath, a spacious Primary Suite with its own private terrace, and an exclusive rooftop deck offering breathtaking views of the Miami skyline. Residents enjoy access to a sun-drenched pool, along with deeded covered parking—an exceptional convenience in South of Fifth. With the flexibility to serve as a luxurious primary residence, second home, or investment property, the unit offers rental potential of up to 12 times per year, providing an attractive opportunity in one of Miami Beach’s most sought-after neighborhoods. A rare combination of size, privacy, outdoor space, and location, this distinctive penthouse loft presents an exceptional opportunity to own in South of Fifth.

At a glance

Property details

Property type

Condominium

Listing type

For sale

Status

Active

Bedrooms

2

Bathrooms

2

Living area

1,115 sq. ft.

Year built

2011

Lot size

0 sq. ft.

Subdivision

MERIDIAN 5 CONDO

County

Miami-Dade County

Days on market

1

Original list price

$1,299,000

Listing date

September 21, 2026

Association fee

$948 monthly

Annual property tax

$14,040 (2025)

Listing agent

Stefania Cambarau

Listing office

Douglas Elliman

MLS number

A12092729