$580,000

3250 1st Ave #616, Miami, FL 33137

Bedrooms
2
Baths
2
Living area
1,190 ft²
Price per ft²
$487 / ft²
Type
Condo
Year built
2007
HOA
$1,801 / mo HOA
On market
9 days on market
MLS #
A12082805

Amazing Midtown Miami Neighborhood. Many conveniences and amenities at street-level. This large residence offers over 1190 sqft, with a very large living-room/dining servicing as an ideal entertainment and gathering area. Spacious bedrooms, each with blackout shades, have an abundance of natural sun-light. **Midblock allows for short-term vacation rentals, min 2 nights....Excellent Investment Opportunity for those seeking passive income** ++This Prime Property is being offered Turn-Key with ALL Contents ++No Special Assessments ++24/7 Front Desk ++Updated Community areas (BBQ and Community Pool) ++Private Parking (Assigned) ++Balcony w/Sky-line Views

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 $487. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 47% below the median.
  • Position in the area’s price distributionThe asking price is $580,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 16% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,801 per month comes to $21,612 a year — 3.7% 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 33132, 33137 · 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%$174,000
Term

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

Estimated monthly payment$2,688
Loan amount
$406,000
Total interest over the term
$561,503
Total repaid
$967,503

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

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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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