735 & 745 Meridian Avenue is an irreplaceable, historic, private, gated compound with secure private parking on the most beautiful street in South Beach. The property is a turnkey multifamily property with rental upside on tree-lined Meridian Avenue. Investors can capitalize on South Beach’s high barriers to entry, the property’s location, and the ability to capture premium rents through interior upgrades. The double lots span 14,000 SF. With RM-1 zoning, this allows for a FAR of 1.25 or up to 17,500 of building area, significantly higher than the combined in-place building areas of 8,252 SF.