Basic Information

  • Type Condominium
  • Status Active
  • Subdivision/Complex Rioplaza Condominium Sout
  • Year Built 1988
  • Total Sqft 605
  • Date Listed 04/25/2025
  • Days on Market 83
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***

Amenities

  • None
  • Elevators

Exterior Features

  • Waterfront No
  • Parking Spaces 1
  • Pool No
  • View City
  • Construction Type Block
  • Parking Description One Space, Garage Door Opener
  • Exterior Features Fence
  • Style Condominium

Interior Features

  • Adjusted Sqft 605Sq.Ft
  • Cooling Description Central Air
  • Equipment Appliances Electric Range, Refrigerator
  • Floor Description Ceramic Tile
  • Heating Description Electric
  • Interior Features Bedroom On Main Level, First Floor Entry, Elevator
  • Sqft 605 Sq.Ft

Property Features

  • Address 546 SW 1st St #611
  • Aprox. Lot Size 605
  • Architectural Style Other
  • Association Fee Frequency Monthly
  • City Miami
  • Construction Materials Block
  • County Miami- Dade
  • Covered Spaces 2
  • Direction Faces North
  • Furnished Info no
  • Garage 1
  • Listing Terms Cash
  • Occupant Type Tenant
  • Parking Features One Space, Garage Door Opener
  • Pets Allowed Conditional, Yes
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • HOA Fees $210
  • Subdivision Complex Rioplaza
  • Subdivision Info Rioplaza Condominium Sout
  • Tax Amount $2,415
  • Tax Legal desc R I O P L A Z A C O N D O M I N I U M S O U T H U N I T611 U N D I V.01339 I N T I N C O M M O N E L E M E N T S O F F R E C13859-290 O R13940-287612881
  • Tax Year 2024
  • Terms Considered Cash
  • Type of Property Condominium
  • View City
  • Year Built Details Effective Year Built

546 SW 1st St #611

Miami, FL 33130

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 ©2023-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. tel: 305-809-7650

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