Active

546 SW 1st Street #611

Miami, FL 33130

$196,000 $826/Mo

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Overview

Bed

Bath

605

Sqft

Description

WE BACK BABY--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!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 : $196,000

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

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 1

Bathroom Information

Total Baths: 1 Full Baths: 1

Flooring Information

CeramicTile
Interior Features

BedroomOnMainLevel, 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: OutdoorLivingArea

Listing Price Information

Listing Price: $196000

Original Price: $220000

Cash

Tax Information

Parcel Number: 0141380680530 Tax Year: 2025 Annual Tax: $2469 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

Garage, GarageDoorOpener

Garage Information

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

Homeowners Association Information

Has Association: Yes

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

HOA: $239.00

Association Amenities: Laundry, Management, None, Elevators

School Information

Elementary School: Riverside (Miami-Dade) Junior High School: Jose De Diego Senior High School: Booker T. Washington
Location Information

Security Features: FireAlarm,FireSprinklerSystem,SecuredGarageParking,SmokeDetectors,SecurityFence

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1300 S Miami Ave #3502, Miami, FL, 33130	$995,000	2	2	1,088	1,088 SqFt
239 SW 9th St #1603, Miami, FL, 33130	$539,000	1	1	580	580 SqFt
55 SW 9th St #2109, Miami, FL, 33130	$470,000	1	2	684	684 SqFt
801 S Miami Ave #509, Miami, FL, 33130	$585,000	--	1	627	627 SqFt
79 SW 12th St #2306-S, Miami, FL, 33130	$635,000	2	2	1,104	1,104 SqFt
60 SW 13th St #4205, Miami, FL, 33130	$750,000	2	3	1,297	1,297 SqFt
90 SW 3rd St #1211, Miami, FL, 33130	$365,000	1	1	747	747 SqFt
239 SW 9th St #2103, Miami, FL, 33130	$780,000	2	2	809	809 SqFt
90 SW 3rd St #2109, Miami, FL, 33130	$399,900	1	1	736	736 SqFt
801 S Miami Ave #1805, Miami, FL, 33130	$1,049,000	2	2	1,152	1,152 SqFt

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ByOwner last updated this listing 06/18/2026 @ 22:45

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