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111 E Flagler St # 507, Miami FL 33131

Condo/Co-op For Sale
$232,000

BTC: 3.62500000

ETH: 130.33707865

-$20K (2025/12/18)
196 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

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
$255,000
$176K – $325K
Confidence Low
List vs. estimate
$23K below estimate
List $232,000 · -9.0%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$372
-34.0% vs. city median $564
Based on
122 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $586K
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
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Market around this address

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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: Grand Lion Real Estate Group LLC