$555,000

1600 1st Ave #1420, Miami, FL 33132

Bedrooms
2
Baths
2
Living area
1,009 ft²
Price per ft²
$550 / ft²
Type
Condo
Year built
2018
HOA
$1,030 / mo HOA
On market
22 days on market
MLS #
A12067169

SPACIOUS CORNER UNIT OFFERING A 2 BEDROOM / 2 BATH FLOORPLAN WITH WALK-IN CLOSETS, STAINLESS STEEL APPLIANCES, AND BLACKOUT WINDOW TREATMENTS. BREATHTAKING WATER AND CITY VIEWS CAN BE ENJOYED FROM EVERY ROOM. A GREAT OPPORTUNITY FOR BOTH INVESTORS AND FUTURE HOMEOWNERS. THE UNIT IS CURRENTLY TENANT-OCCUPIED, AND THE TENANT HAS EXPRESSED INTEREST IN STAYING, OFFERING POTENTIAL IMMEDIATE RENTAL INCOME FOR AN INVESTOR. BUILDING IS PET-FRIENDLY WITH HIGH-END AMENITIES INCLUDING A STATE-OF-THE-ART GYM, RACQUETBALL COURT, 3 SWIMMING POOLS, ROOFTOP SUNDECK, JACUZZI, ECO-FRIENDLY GARDENS, SPA, SAUNA, INDOOR YOGA GARDEN, THEATER, SOCIAL ROOM, CHILDREN'S PLAYROOM, 24/7 SECURITY, ON-SITE MANAGEMENT, COVERED PARKING GARAGE WITH SELF-PARKING OR VALET SERVICES, AND RETAIL AND DINING OPTIONS ON THE GROUND FLOOR. CANVAS IS LOCATED IN THE HEART OF THE ARTS AND ENTERTAINMENT DISTRICT, CLOSE TO DOWNTOWN MIAMI, BRICKELL, WYNWOOD, AND MIDTOWN, AND JUST MINUTES FROM MIAMI BEACH.

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 $550. The median for recorded sales in the same ZIP codes is $842/ft² — putting it 35% below the median.
  • Position in the area’s price distributionThe asking price is $555,000; the median of recorded sales in the area is $525,000 (1,780 sales). On raw price that is 6% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,030 per month comes to $12,360 a year — 2.2% 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%$166,500
Term

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

Estimated monthly payment$2,572
Loan amount
$388,500
Total interest over the term
$537,300
Total repaid
$925,800

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

Preferred Realty & Associates

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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