$329,900

151 1st St #807, Miami, FL 33131

Bedrooms
1
Baths
1
Living area
526 ft²
Price per ft²
$627 / ft²
Type
Condo
Year built
2016
HOA
$638 / mo HOA
On market
105 days on market
MLS #
A12033514

Spectacular income-producing opportunity at Centro by CA in Downtown Miami’s Financial District. This tenant-occupied studio offers an open layout, 1 full bath, stainless steel appliances, in-unit washer/dryer, and floor-to-ceiling windows with vibrant city views. Rent annually or in 30-day periods up to 12 times per year. Full-service building with rooftop pool, state-of-the-art gym, sauna, steam room, lounge, secured dog-walk area, bike room, Amazon lockers, valet, and 24/7 front desk. Prime walkable location near Government Center, Brightline, Bayfront Park, museums, Whole Foods, and minutes to Brickell, Edgewater, Wynwood, Bayside, and MIA. Turnkey asset in a high-demand rental corridor.

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 $627. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 3% above the median.
  • Position in the area’s price distributionThe asking price is $329,900; the median of recorded sales in the area is $620,000 (1,112 sales). On raw price that is 47% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $638 per month comes to $7,656 a year — 2.3% 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 33129, 33130, 33131 · 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%$98,970
Term

7.03% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 24, 2026.

Estimated monthly payment$1,541
Loan amount
$230,930
Total interest over the term
$323,844
Total repaid
$554,774

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

The Keyes Company

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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