546 SW 1st St #611
546 SW 1st St #611 Miami 331301 bedrooms | 1 bathroom | 0 half bath | 605 sqft
$215,000
Property Details
- MLS #
- A11789786
- Unit #
- 611
- Address
- 546 SW 1ST ST #611 map
- Bedrooms
- 1
- Bathrooms
- 1
- Living Area (f2)
- 605
- Living Area (M2)
- 56
- Year Built
- 1988
- Waterfront
- Status
- Active
- Listing Type
- Condo/Townhome
- Maintenance Fee
- $273
- Complex
- RioPlaza
- Days On Market
- 50
- Pool
- Pets Allowed
- N/A
- Parking Spaces
- 1
Inquire About this Property
Property Description
Back on the Market CASH ONLY --- Attention Investors!!! 8% cap rate. This well-maintained, pet-friendly 1-bed, 1-bath condo features a private balcony with views of the Miami downtown skyline. Located in the heart of Miami, it offers an excellent investment opportunity with a Section 8 tenant in place, paying current market rent. The building has assigned parking, remote-controlled gate access, and a washer/dryer on every floor. This condo is conveniently located next to the elevator, just minutes from downtown Miami's dining, shopping, and entertainment. A fantastic opportunity for investors! Showings only with accepted offer*** It is the responsibility of the buyer’s agent to verify all information and conduct due diligence***
Property Amenities
Equipment
- Electric Range
- Refrigerator
Interior Features
- First Floor Entry
- Elevator
- Fire Sprinklers
Exterior Features
- Other
Similar Properties
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 515 SW 3rd St #12 | 12 | $184,000 | 2/1 | 720 | 67 | $250 | |
| 677 SW 9th Ave #103 | 103 | $193,000 | 1/1 | 688 | 64 | $336 | |
| 677 SW 9th Ave #203 | 203 | $209,000 | 4.5% | 1/1 | 688 | 64 | $344 |
| 546 SW 1st St #611 | 611 | $215,000 | 1/1 | 605 | 56 | $273 | |
| 103 NW 6th Ave #2 | 2 | $215,000 | 2/1 | 693 | 64 | $500 | |
| 109 NW 6th Ave #5 | 5 | $220,000 | 2/1 | 693 | 64 | $500 | |
| 546 SW 1st St #501 | 501 | $230,000 | 1/1 | 603 | 56 | $210 | |
| 777 SW 9th Ave #519 | 519 | $240,000 | 1/1 | 518 | 48 | $468 | |
| 109 NW 6th Ave #8 | 8 | $245,000 | 1/1 | 725 | 67 | $499 | |
| 546 SW 1st St #505 | 505 | $255,000 | 2/1 | 758 | 70 | $210 | |
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| 1025 SW 7th Ave #5 | 5 | $289,000 | 1/1 | 625 | 58 | $450 |
Recent Sales
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 4008 | 06/11/2025 | $700,000 | $750,000 | 1 | 1 | 885 | 1 month |
| 205 | 06/10/2025 | $210,000 | $239,000 | 1 | 1 | 635 | 2 months |
| 4211 | 06/09/2025 | $575,000 | $580,000 | 1 | 1 | 816 | 10 months |
| 3706 | 06/06/2025 | $560,000 | $629,000 | 1 | 1 | 816 | 11 months |
| 1705 | 06/06/2025 | $680,000 | $685,000 | 2 | 2 | 1,101 | 2 months |
| 402 | 06/05/2025 | $469,000 | $469,000 | 2 | 2 | 973 | 1 month |
| 3511-S | 06/05/2025 | $454,000 | $475,000 | 1 | 1 | 705 | 2 months |
| 2809 | 06/04/2025 | $360,000 | $380,000 | 1 | 1 | 533 | 1 month |
| 4409 | 06/04/2025 | $760,000 | $779,500 | 2 | 2 | 1,167 | 1 year |
| 1901 | 06/04/2025 | $597,000 | $610,000 | 2 | 2 | 1,123 | 3 months |
| 2902 | 06/02/2025 | $930,000 | $965,000 | 2 | 2 | 1,119 | 3 months |
| 1405 | 06/02/2025 | $625,000 | $637,500 | 1 | 1 | 879 | 1 year |
| 2803 | 05/30/2025 | $1,650,000 | $1,725,000 | 3 | 3 | 1,891 | 5 months |
| 2907 | 05/30/2025 | $599,000 | $609,000 | 1 | 2 | 866 | 2 months |
| 2015N | 05/30/2025 | $400,000 | $400,000 | 1 | 1 | 707 | 3 months |
| 3804 | 05/27/2025 | $1,075,000 | $1,250,000 | 2 | 2 | 1,407 | 2 months |
| 1912 | 05/23/2025 | $675,000 | $699,200 | 2 | 2 | 1,373 | 1 month |
| 1403 | 05/22/2025 | $385,000 | $415,000 | 2 | 2 | 891 | 10 months |
| 710 | 04/23/2025 | $330,000 | $340,000 | 1 | 1 | 607 | 8 months |
| 4806 | 04/17/2025 | $752,500 | $775,000 | 2 | 2 | 986 | 4 months |
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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
