logo
Properties
Explore our listings
Buy
Listings for sale
Rent
Listings for rent
Explore
Neighborhoods, buildings & trends
Neighborhoods
Check neighborhoods information
Buildings
Check buildings information
Pre-Construction
New developments on sale
Market Trends
Monthly market data & analysis
Resources
Blog, tools & guides
Blog
Articles & guides
Tax Calculator
Compare tax savings
Property Tax Calculator
Estimate your annual tax
Sell Your Home
Get a free home valuation
Contact
Tell us about your needs
Language
Change website language
English
Русский
Español
中文(简体)
Sign In
Sign in or register

111 E Flagler St # 507, Miami FL 33131

Condo/Co-op Active With Contract
$232,000

BTC: 3.64779874

ETH: 121.93583652

-$20K (2025/12/18)
165 days
1 bds
1 ba
623 sqft

Overview

Great investment opportunity in the heart of Downtown Miami! This 1-bedroom, 1-bath condo in the historic, protected Flagler First building is rented at $2,200/month through July 2026, making it perfect for investors. A true gem, ideally located steps from Bayside Marketplace, Whole Foods, Kaseya Center, Julia & Henry's Food Hall, and Miami Dade College, with easy access to the Metrorail. Downtown Miami is growing and transforming, making this unit a solid asset poised to appreciate as the neighborhood modernizes. Nearby parking options add convenience for residents and visitors. Don’t miss this rare opportunity in a prime location!

Location

Florida • Miami • 33131 • Condo/Co-op • Active With Contract

Details

Type:
Residential
Parking:
None
Year Built:
1951
Lot:
No Data
Heating:
Electric
Price/sqft:
$372
Cooling:
Electric
HOA:
$686

Valuation

Our model vs. what's actually selling nearby.
Estimate
$252,500
$175K – $325K
Confidence Low
List vs. estimate
$20K below estimate
List $232,000 · -8.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$372
-33.7% vs. city median $562
Based on
127 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $545K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$3,871
2025
HOA
$686/mo
View
Other View
Pets
Not allowed
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Electric

    Cooling

    • Electric

    Appliances

    • Trash Compactor

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Interior Hall

    • Lobby

    • First Floor Entry

    • Closet Cabinetry

    • Cooking Island

    • Elevator

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • None

    Other Property Information

    • Parcel Number: 01-41-37-057-0550

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $686

    • HOA Frequency: Monthly

    • Annual tax amount: $3,871

  • Source details

    • MLS ID: A11916979

    Other facts

    • Construction Materials: Concrete Block Construction

    • Window Features: Clear Impact Glass / High Impact Windows / Impact Glass

    • Architectural Style: High Rise

    • Living Area: 623

    • Subdivision Name: FLAGLER FIRST CONDO

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.

More like this

Active With Contract
$270,000
Condo/Co-op
2 bds · 1 ba · 900 sqft
GROVE GARDENS CONDO, Miami
1800 SW 25th St # 2305, Miami FL 33133
Active With Contract
$205,000
House
2 bds · 1 ba · 748 sqft
COVINGTON MANOR, Miami
1168 NW 41st St, Miami FL 33127
Active With Contract
$185,000
House
2 bds · 1 ba · 1,400 sqft
SANTA CLARA SUB, Miami
1176 NW 32nd St, Miami FL 33127
Active With Contract
$250,000
Condo/Co-op
1 bds · 1 ba · 761 sqft
FOUR MIDTOWN MIAMI CONDO, Miami
3301 NE 1st Ave # H2405, Miami FL 33137
Active With Contract
$180,000
Condo/Co-op
1 bds · 1 ba · 580 sqft
RIVERSIDE VISTAS CONDO, Miami
990 NW 1st Street # 1, Miami FL 33128
Active With Contract
$249,900
Condo/Co-op
1 bds · 1 ba · 638 sqft
1800 BISCAYNE PLAZA CONDO, Miami
275 NE 18th St # 504, Miami FL 33132
-$23K
Active With Contract
$232,000
Condo/Co-op
2 bds · 1 ba · 706 sqft
MIRAMAR TERRACE CONDO, Miami
1051 SW 1st St # 401, Miami FL 33130
Active With Contract
$225,000
Condo/Co-op
2 bds · 1 ba · 759 sqft
ORANGE MANOR CONDO, Miami
1312 NW 4th St # 501, Miami FL 33125

Market around this address

Live counts in the same area.
View all
This zip
33131
858
median $775K
Active
Same city
Miami
12,325
median $637K
Active
Same type
Condo/Co-op
6,493
median $495K
Active
Similar price
$162K – $301K
1,615
median $240K
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: Grand Lion Real Estate Group LLC