546 SW 1st St # 611, Miami FL 33130

Residential Active

$215,000

Overview

Property ID: A11789786

1
Bedroom

1
Bathroom

605 Square Feet
Area Size

Description

Back on the Market CASH ONLY — Attention Investors!!! 8% 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!
Showings only with accepted offer*** It is the responsibility of the buyer’s agent to verify all information and conduct due diligence***

Details

Updated on November 29, 2025 at 7:44 am

Property ID A11789786
Price $215,000
Property Size 605 Square Feet
Bedroom 1
Bathroom 1
Garage 1
Year Built 1988
Property Type Condominium
Property Status Residential

Additional details

Laundry Features Common Area
Flooring Ceramic Floor
Bedroom Features Entry Level
Cooling Central Air
Security Features Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Secured Garage/Parking
Type of Association Condo
Building Name RioPlaza
Association Fee Frequency Monthly
Tax Annual Amount 2415
MLS Status Active
Possession Funding
Full Bathrooms 1
Fencing Fenced
Pets Allowed Restrictions Or Possible Restrictions
Days On Market 189
Maintenance Includes Building Exterior, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Sewer, Trash Removal, Water
Association Amenities None
Parking Features 1 Space
Heating Electric
Building Area Units Square Feet
Tax Year 2024
Direction Faces North
Furnished Unfurnished
Construction Materials Concrete Block Construction
Total Building Area 605
Other Equipment Automatic Garage Door Opener, Elevator
Carport Spaces 1
Covered Spaces 2
Parcel Number 01-41-38-068-0530
View Skyline
Pets Allowed 1
Half Bathrooms 0
Style Condo 5+ Stories
Association Fee 210
Lot Size Square Feet 0