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546 SW 1st St # 611, Miami FL 33130

Condo/Co-op For Sale
$193,000

BTC: 2.48024160

ETH: 80.41666667

-$27K (2026/08/12)
485 days
1 bds
1 ba
605 sqft

Overview

CASH ONLY | INVESTOR OPPORTUNITY! Turnkey 1-bedroom, 1-bath condo featuring downtown views, a private balcony, gated entry, and assigned parking. Low HOA dues of approximately $205/month and annual property taxes of approximately $2,500. Projected cap rate of 10%+, offering high income and ROI potential. Seller may contribute toward buyer’s closing costs with an acceptable offer. Schedule your showing today! ----BEST BANG FOR YOUR BUCK! Hands down.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
1988
Lot:
No Data
Heating:
Electric
Price/sqft:
$319
Cooling:
Central Air
HOA:
$205

Valuation

Our model vs. what's actually selling nearby.
Estimate
$278,500
$170K – $388K
Confidence Low
List vs. estimate
$85K below estimate
List $193,000 · -30.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$319
-43.7% vs. city median $566
Based on
214 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $447K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,469
2025
HOA
$205/mo
View
Skyline
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Electric Range

    • Refrigerator

    Other interior features

    • First Floor Entry

    • Elevator

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    Property

    • Exterior Features: Other

    Other Property Information

    • Parcel Number: 01-41-38-068-0530

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $205

    • HOA Frequency: Monthly

    • Annual tax amount: $2,469

  • Source details

    • MLS ID: A11789786

    Other facts

    • Construction Materials: Concrete Block Construction

    • Laundry Features: Common Area

    • Direction Faces: North

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 605

    • Subdivision Name: RIOPLAZA CONDOMINIUM SOUT

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Properties