$374,900

253 2nd St #617, Miami, FL 33132

Bedrooms
1
Baths
2
Living area
978 ft²
Price per ft²
$383 / ft²
Type
Condo
Year built
2008
HOA
$1,226 / mo HOA
On market
181 days on market
MLS #
A11990681

SELLER PAYS ALL SPECIAL ASSESSMENTS IN FULL AT CLOSING - buyer takes this unit free and clear of both the South Tower assessment ($566.45/mo through December 2026) and the Master assessment ($329.98/mo through May 2027). Rare two-story loft, and one of the few one-bedrooms in the building with TWO full bathrooms. 19-foot floor-to-ceiling impact windows frame bay and skyline views, with electronic blinds, an upgraded kitchen and bath, tile floors, in-unit washer/dryer, extra storage, and assigned parking on the same floor as the unit plus valet. INVESTOR-FRIENDLY: 30-day minimum lease, 12 leases per year - one of the few downtown Miami buildings permitting true mid-term rentals. Amenities include 4 pools with a poolside Tiki bar, indoor and outdoor hot tubs, private spa, fitness center, media room, and a party room with pool table, kitchen and bar. Walk to Bayfront Park, Kaseya Center, Whole Foods and Metromover.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $383. The median for recorded sales in the same ZIP codes is $842/ft² — putting it 55% below the median.
  • Position in the area’s price distributionThe asking price is $374,900; the median of recorded sales in the area is $525,000 (1,777 sales). On raw price that is 29% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,226 per month comes to $14,712 a year — 3.9% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33128, 33131, 33132 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$112,470
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$1,737
Loan amount
$262,430
Total interest over the term
$362,944
Total repaid
$625,374

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

We R Florida LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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