Marco Tiné of SERHANT. represented the seller of 1700 Meridian Avenue #501 at The Montclair in Miami Beach, closing for $1,145,000 on May 18, 2026.
The transaction illustrates how buyer feedback and a responsive pricing strategy can help a distinctive property compete.
The property
This South Beach corner penthouse loft features approximately 1,014 square feet, two bedrooms, and two bathrooms. Its renovated kitchen and bathrooms, floor-to-ceiling windows, and polished concrete floors complement approximately 1,650 square feet of outdoor space, including a wraparound balcony and private rooftop terrace.
Located near Lincoln Road and the Miami Beach Convention Center, the residence combines indoor-outdoor living with access to South Beach’s dining, shopping, and cultural destinations.
The challenge: buyer hesitation and competing inventory
Despite the penthouse’s distinctive features, interested buyers were comparing it with other available properties. Showing feedback indicated that buyers perceived stronger value in competing listings.
The seller needed a strategy that accounted for those comparisons while communicating the residence’s renovation, corner layout, and substantial private outdoor space.
The approach: adjust pricing based on feedback
Marco gathered showing feedback, followed up with interested buyers and their agents, and recommended a price adjustment to improve the property’s competitive position.
The revised pricing generated new activity and attracted a serious buyer. Marco then guided negotiations to help bridge the gap between buyer expectations and seller goals.
“Showing feedback helped us understand how buyers were comparing the penthouse with other listings,” Marco explains. “Repositioning the price brought renewed activity and helped us move toward a successful closing.”
The result
1700 Meridian Avenue #501 closed for $1,145,000 on May 18, 2026.
Transaction details:
- Building: The Montclair
- Location: South Beach, Miami Beach, Florida
- Residence: Two bedrooms, two bathrooms
- Interior: Approximately 1,014 square feet
- Outdoor space: Approximately 1,650 square feet
- Representation: Seller represented by Marco Tiné, SERHANT.
- MLS: A11885967
View the MLS-sourced sale history and listing-agent credit on Zillow.
Considering selling your Miami Beach property?
A distinctive home deserves a marketing and pricing strategy grounded in how buyers evaluate their options. Recent closed sales, competing inventory, and showing feedback help inform that strategy.
Marco Tiné, founder of Casa Collection Group with SERHANT., serves buyers and sellers in Miami Beach and Miami Shores. To discuss your property, contact 786-797-8463 or [email protected].
Seller feedback | 1700 Meridian Ave #501
“The team consistently goes above and beyond, is highly professional, responsive, and truly committed to their clients. Their market knowledge, attention to detail, and personal approach make the entire process smooth and stress-free.”
— Matthias Spanke, seller | Google review
