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546 SW 1st St # 611, Miami FL 33130

Condo/Co-op For Sale
$196,000

BTC: 3.11111111

ETH: 111.36363636

-$24K (2026/06/17)
419 days
1 bds
1 ba
605 sqft

Overview

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!

Location

Florida • Miami • 33130 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space
Year Built:
1988
Lot:
No Data
Heating:
Electric
Price/sqft:
$324
Cooling:
Central Air
HOA:
$239

Valuation

Our model vs. what's actually selling nearby.
Estimate
$279,000
$170K – $390K
Confidence Low
List vs. estimate
$83K below estimate
List $196,000 · -29.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$323
-42.1% vs. city median $559
Based on
209 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $402K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,469
2025
HOA
$239/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: $239

    • 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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Market around this address

Live counts in the same area.
View all
This zip
33130
604
median $640K
Active
Same city
Miami
12,578
median $640K
Active
Same type
Condo/Co-op
6,632
median $495K
Active
Similar price
$137K – $254K
1,181
median $200K
Active

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