538 Merdian Ave: 12 Units, 2 BD, 16 BA, 24 Beds, 18,301 SQFT. Located in the heart of South Beach, walk to Collins Avenue Shopping District & world-famous Ocean Drive. Blocks away from Lincoln Road Mall, mecca promenade and Miami Beach Convention Center. The property is situated 5 miles northeast of Downtown Miami and 10 miles east of Miami Int'l Airport. Property is currently leased to a hospitality group and being ran as a boutique hotel. This is a smoke-free building, parking garage, concierge services, and laundry facilities. The apartment size units have a full-size kitchen with a refrigerator, dishwasher, oven with stovetop, microwave. Units are fully furnished with modern furnishings throughout, tastefully decorated & accessorized. Flat-screen TV's included with channels & wifi.