546 SW 1st St #611

Miami,FL 33130

$ 220000

1 Bed

1 Bath

605 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 605 sqft

Price per Sqft $363

Subdivision Rioplaza Condominium Sout

MLS Listing ID A11789786

Style Other

Bedrooms 1

Full Baths 1

Construction Status Effective Year Built

HOA Fees $120/mo

HOA Y/N Yes

Min Days of Lease 365

Leases Per Year 1

Year Built 1988

Annual Tax Amount $2,415

Tax Year 2024

Contingent 3rd Party Approval

Property Sub-Type Condominium

Property Description

ACCEPTING BACK UP OFFERS!!! 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*** ACCEPTING BACK UP OFFERS!!!

Location

State FL

County Miami-dade

Community Rioplaza Condominium Sout

Area 41

Interior

Interior Features Bedroom on Main Level,First Floor Entry,Elevator

Heating Electric

Cooling Central Air

Flooring Ceramic Tile

Furnishings Unfurnished

Appliance Electric Range,Refrigerator

Exterior

Exterior Feature Fence

Garage Spaces 1.0

Carport Spaces 1

Amenities Available None,Elevator(s)

View City

Garage Yes

Private Pool Yes

Building

Faces North

Architectural Style Other

Structure Type Block

Construction Status Effective Year Built

Others

Pets Allowed Conditional,Yes

HOA Fee Include Association Management,Laundry,Maintenance Grounds,Maintenance Structure,Sewer,Trash,Water

Senior Community No

Tax ID 01-41-38-068-0530

Security Features Complex Fenced,Secured Garage/Parking,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash

Listing Terms Cash

Pets Allowed Conditional,Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11789786

View More
Favorite Go Tour