This offering represents the acquisition of four contiguous condominium units
within The Castle Meridian Condominium, a boutique 12-unit Art Deco complex
located in the heart of South Beach.

The condominium is composed of three adjacent buildings:
1506 Meridian Avenue - 4 units
1508 Meridian Avenue - 4 units
1510 Meridian Avenue - 4 units
The subject offering includes 100% of the units within the central building at 1508
Meridian Avenue (Units 3, 4, 9 & 10).
Folio:02-3234-228-0100
Folio:02-3234-228-0090
Folio:02-3234-228-0040
Folio:02-3234-228-0030

Total Annual Gross Income: 91,200
Annual Operating Expenses (HOA + Property Taxes) 30,114.32

The 40-Year Certification process is currently in its final phase of completion.
All special assessments will be paid in full by the Seller at closing.