Active Under Contract

546 SW 1st St #611

Miami, FL 33130

$195,000 $822/Mo

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Overview

Bed

Bath

605

Sqft

Description

Back on the Market CASH ONLY --- Attention Investors!!! 9% 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*** TEXT LA for faster response!

Property Details

Property Type : Residential

Price : $195,000

AD Id : 64741502

MLS Id : A11789786

Beds : 1

Living Area Size : 605

Year Built : 1988

Garage : 1

County : Miami-Dade

Subdivision: Rioplaza Condo South

Map

Features

Bedroom Information

Total beds: 1

Bathroom Information

Total Baths: 1 Full Baths: 1

Flooring Information

CeramicTile
Interior Features

BedroomOnMainLevel, FirstFloorEntry, Elevator

Appliances: ElectricRange, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1988

Building Area Total: 605

Construction Materials: Block

Private Pool: No

View: City

Association Fee Frequency: Monthly
Exterior Features

Exterior Features: Fence

Listing Price Information

Listing Price: $195000

Original Price: $220000

Cash

Tax Information

Parcel Number: 01-41-38-068-0530 Tax Year: 2024 Annual Tax: $2415 Tax Legal Desc: RIOPLAZA CONDOMINIUM SOUTH UNIT 611 UNDIV .01339 INT IN COMMON ELEMENTS OFF REC 13859-290 OR 13940-2876 1288 1

Virtual Tour

Virtual Tour (External Link)

Parking Information

OneSpace, GarageDoorOpener

Garage Information

Has Garage: Yes Garage Space: 1 Pets Allowed: Conditional, Yes

Homeowners Association Information

Included Fees: AssociationManagement, Laundry, MaintenanceGrounds, MaintenanceStructure, Sewer, Trash, Water

HOA: $210.00

Association Amenities: None, Elevators

Location Information

Security Features: ComplexFenced,SecuredGarageParking,FireSprinklerSystem,SmokeDetectors

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
90 SW 3rd St #2015, Miami, FL, 33130	$545,000	2	2	1,129	1,129 SqFt
900 SW 8th St #1103, Miami, FL, 33130	$390,000	2	2	891	891 SqFt
88 SW 7th St #2404, Miami, FL, 33130	$1,275,000	2	3	1,400	1,400 SqFt
79 SW 12th St #1210, Miami, FL, 33130	$545,000	2	2	1,100	1,100 SqFt
121 NE 5th St #3005, Miami, FL, 33130	$599,800	1	1	630	630 SqFt
88 SW 7th St #1010, Miami, FL, 33130	$1,198,000	2	3	1,370	1,370 SqFt
801 S Miami Ave #2909, Miami, FL, 33130	$1,195,000	3	3	1,450	1,450 SqFt
45 SW 9th St #2009, Miami, FL, 33130	$500,000	1	2	738	738 SqFt
60 SW 13th St #3017, Miami, FL, 33130	$475,000	1	2	672	672 SqFt
10 SW South River Dr #609, Miami, FL, 33130	$309,000	1	1	685	685 SqFt

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ByOwner last updated this listing 06/07/2026 @ 18:14

MLS: A11789786 LISTED BY: Erick Eskelsen, Luxe Properties 305-809-7650 SOURCE: SEFMIAMI