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601 NE 1st Avenue # 4712, Miami FL 33132

Condo/Co-op For Sale
$550,000

BTC: 8.89248181

ETH: 344.89461902

1 days
Waterfront
1 bds
1 ba
411 sqft

Overview

Perfectly suited for Airbnb investors, this studio unit at Gale Miami Hotel and Residences is a short-term rental dream! Fully furnished and approved for short-term stays, this property offers great income potential through platforms like Airbnb or VRBO. With the option to join the hotel's rental program, you can benefit from professional management while maximizing returns. The unit features modern finishes, breathtaking views of Miami's skyline, and access to five-star amenities, including a pool, spa, gym, and private beach club. Positioned in the heart of Downtown Miami, this is the ultimate investment opportunity! Brand new construction building ! across from the Miami Heat Arena !

Location

Details

Type:
Residential
Parking:
1 Space / Detached / Parking Garage
Year Built:
2024
Lot:
No Data
Heating:
Central
Price/sqft:
$1,338
Cooling:
Central Air
HOA:
$796

Valuation

Our model vs. what's actually selling nearby.
Estimate
$478,999
$383K – $699K
Confidence Low
List vs. estimate
$71K above estimate
List $550,000 · +14.8%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,338
+138.1% vs. city median $561
Based on
208 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $537K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$6,500
2025
HOA
$796/mo
Pool
Community
Waterfront
Intracoastal Front
Garage
1 car garage
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Electric Range

    • Refrigerator

    • Washer

    Other interior features

    • Bar

    • Built-in Features

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 1

  • Parking

    • 1 Space

    • Detached

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 01-41-37-079-3320

    • Zoning: 6412

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • HOA: $796

    • HOA Frequency: Monthly

    • Annual tax amount: $6,500

  • Source details

    • MLS ID: B26048498

    Other facts

    • Construction Materials: Concrete Block Construction / Brick / Stucco

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: East

    • Other Structures: Livable

    • Architectural Style: One Story

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 411

    • Water Source: Public

    • Subdivision Name: Gale Natiivo

Private inquiry
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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

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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: The Rausch Real Estate Top Gun Team Inc