1051 Meridian Ave · Miami Beach, FL 33139 · South Beach

The Flamingo

3-story low-rise, completed 1937, 24 residences in South Beach. 3 for sale and 3 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from The Flamingo's closed sales and what is listed now. Then we talk it through.

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Thinking about

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When a unit at The Flamingo lists or sells, I'll let you know. I send these myself, not a robot.

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At a glance The Flamingo (1051 Meridian Ave, South Beach) is a 3-story, 24-unit building completed in 1937. As of Nov 2, 2026, 3 units are for sale and 3 are for rent; the median rent was $2,000 a month over 6 leases in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
3
For rent
3
Median rent
$2,000/mo6 leases · 24 mo
Sold
2last 12 months
Built
1937
Floors
3
Residences
24county
Flood zone
AEFEMA
Owner-occupied
17%
Avg. unit
632sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

The read on The Flamingo.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Feb 24, 2026; 10 sales are on record since 2019.
Read the full record 4 paragraphs and 11 facts, every figure from the MLS and county record

The Flamingo is a low-rise condominium of three floors at 1051 Meridian Ave in South Beach, built in 1937. County folio records count 24 residences, averaging 632 SF of living area. It is one of two buildings recorded under the The Flamingo name.

Three units were for sale on November 2, 2026, asking $209K to $225K (median ask $389/SF across 3 listings). Two sales closed between November 2, 2025 and November 2, 2026, from $190K to $200K, $370 and $487/SF.

Three units were offered for rent at $2,000 to $2,300 a month. Two leases were signed over the same 12 months, at $2,000 and $2,100 a month.

County records show 17% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1051 Meridian Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1937
Floors
3
Residences (county-verified)
24
Owner-occupied
17% of residences
Avg. unit size
632 sq ft
Total living area
15,160 sq ft
County condo folios
24
Recorded MLS listings
38
Also recorded as
740 11th St

The numbers at The Flamingo.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$222$444$2632019$4262022$4442024$4292026$222$444$2632019$4262022$4442024$4292026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$429*1$2,000/mo*
2025––5$2,000/mo
20242$444*2$2,225/mo*
2023––4$2,350/mo
20225$4266$1,950/mo
2021––5$1,650/mo
2020––2$1,400/mo*
20191$263*2$1,650/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 10 sales · 27 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 2

UnitBDBASFAskedClosed$/SFClose dateDOM
3a01390$210,000$190,000$487Feb 24, 202616
1C11540$220,000$200,000$370Jan 27, 2026113

Leases signed Nov 2, 2025 to Nov 2, 2026 · 2

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
1C11540$2,000/mo$2,000/mo$3.70May 1, 202669
1F11540$2,200/mo$2,100/mo$3.89Nov 15, 202550

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on The Flamingo.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1967

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1937 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around The Flamingo

5 more nearby

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from The Flamingo's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at The Flamingo lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group