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501 SW 1st St

501 SW 1st St

501 SW 1st St
Condominium Building
Miami, FL 33130
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

57 Units
6 Stories
1988 Year Built
$226K - $370K Value Range

Available Units

For Sale
For Rent

Highlights

  • Elevator
  • Intercom to Front Desk
  • River Front
  • Gated Community
  • Skyline View
  • Balcony

Urban living in the heart of Riverside

501 SW 1st Street, a 6-story condominium building in Miami's Riverside neighborhood, offers a blend of urban convenience and community living. Completed in 1988, this 57-unit structure stands as a testament to the area's growth during the late 20th century. Situated just west of the Miami River, the building provides residents with easy access to the vibrant cultural tapestry of Little Havana and the bustling energy of downtown Miami.

Diverse layouts to suit various lifestyles

501 SW 1st Street offers a range of floor plans to accommodate different needs and preferences. The building features units ranging from cozy 1-bedroom apartments to spacious 4-bedroom homes. The smallest units, at 603 to 605 square feet, are 1-bedroom, 1-bathroom configurations, typically priced around $210,000. These efficient layouts make the most of their compact space, ideal for singles or couples. For those needing more room, 2-bedroom units span 755 to 861 square feet, with either one or one-and-a-half bathrooms. These apartments, priced around $250,000, offer a balance of space and affordability. The 3-bedroom units provide approximately 1,000 square feet of living space with two bathrooms, perfect for small families or those who desire extra room for a home office. The largest offerings are the 4-bedroom units, measuring about 1,200 square feet with two bathrooms. These spacious homes, priced around $400,000, cater to larger families or those who simply prefer more expansive living quarters. Many units feature open-concept layouts that maximize the sense of space and light. Private balconies are a common feature, offering residents a personal outdoor retreat with views of the surrounding cityscape. The kitchens are equipped with essential appliances, including refrigerators, electric stoves, microwaves, and dishwashers. Some units may have undergone renovations, potentially featuring updated finishes such as stainless steel appliances or granite countertops.

Practical amenities for comfortable city living

501 SW 1st Street offers a selection of amenities designed to enhance the comfort and convenience of its residents. The building's gated entrance and security camera system provide a sense of safety and peace of mind. Access to the building is controlled via a remote system, ensuring that only residents and authorized guests can enter. For those with vehicles, the condominium provides assigned parking spaces, a valuable asset in an urban setting. Laundry facilities are available within the building, saving residents the hassle of trips to off-site laundromats. The building is equipped with air conditioning throughout, essential for Miami's warm climate. While not luxurious, these practical amenities contribute to a comfortable living experience for residents of 501 SW 1st Street.

A vibrant blend of culture and convenience

501 SW 1st Street is located in Riverside, a historic neighborhood that serves as a gateway to Little Havana. This area is known for its rich Cuban-American culture, evident in the local businesses, restaurants, and community events. The neighborhood's proximity to downtown Miami and Brickell offers residents easy access to a wider range of urban amenities and employment opportunities. Just steps away from the building, residents can enjoy Jose Marti Park, an urban green space featuring a recreation center, athletic fields, a fitness track, and a swimming pool. This park serves as a community hub, offering a place for exercise, relaxation, and social gatherings. For daily necessities, Publix supermarket is conveniently located nearby. Additionally, residents have access to a variety of local markets and stores, including Presidente Supermarket and Guerrero Supermarket, both within walking distance. These establishments offer a mix of traditional grocery items and Latin American specialties, reflecting the neighborhood's cultural diversity. The area is rich in dining options, particularly those showcasing Latin American cuisines. Tacos "El Porky" and Pinolandia are local favorites, offering authentic and affordable meals. For those seeking a quick bite, familiar chains like Chick-fil-A and Wendy's are also within reach. Cultural attractions abound in the vicinity. The vibrant Calle Ocho (8th Street) runs along the southern edge of Riverside and Little Havana, featuring a mix of Cuban eateries, art galleries, and shops. The annual Calle Ocho Music Festival, part of the Miami Carnaval celebrations, brings the street to life with music, dance, and food, showcasing the area's lively spirit. For those interested in expanding their knowledge, the Main Library is about a 10-minute walk away. Families with school-age children will find several educational options in the area, including Riverside Elementary Community School and Booker T. Washington Senior High School, known for its Academy of Visual and Performing Arts.

Well-connected for car-free living

501 SW 1st Street benefits from its central location, offering residents multiple transportation options. The area's high transit score reflects the abundance of public transportation choices available. Bus service is readily accessible, with several stops within a short walk from the building. The SW 1 St & SW 6 Av stop, just a minute's walk away, serves the FIU-Downtown via Flagler St line. Another nearby stop at W Flagler St & NW 6 Av, about a 5-minute walk, provides access to both the FIU-Downtown and Little Havana Connection lines. For those preferring rail transit, the Metromover system is within reach. The Miami Avenue station, serving the Downtown Loop, is about a 10-minute walk from the building. Other nearby stations include Third Street and Government Center, both approximately a 15-minute walk away. These stations provide access to multiple Metromover loops and the Metrorail Green Line, connecting residents to a broader network of destinations throughout Miami. The neighborhood's layout and infrastructure support walking and biking as viable transportation options for many daily needs. Many local amenities, including grocery stores, restaurants, and parks, are within comfortable walking distance. For longer trips or travel outside the city, Miami International Airport is about a 20-minute drive away. The proximity to major roads and highways, including I-95, also facilitates car travel for those who prefer or require it. The building's provision of assigned parking spaces is a valuable amenity for residents who own vehicles, offering a secure place to park in an area where street parking can be challenging.

Available Condos

Building Details

Outdoor Features

  • River Front

Amenities

  • Skyline Views
  • Laundry Facilities
  • 24 Hour Access
  • Gated Community
  • Complex Is Fenced

Parking

  • 1 Garage Space<<perUnit>>
  • 1 Car Attached Garage
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking
  • Secure Parking

Pet Policy

  • Breed Restrictions

Condo Association

  • $368 Monthly HOA Fees
  • Monthly HOA Fees Range from $346 - $398

Building Design

  • Elevator
  • Mid-Rise Condominium
  • Trash Chute
  • Intercom to Front Desk
  • Secure Elevator

Unit Features

  • Balcony

Activity

Views

22

Unit Information

Unit
308
607
Beds
2 Beds
2 Beds
Baths
1 Bath
1 Bath
Sq Ft
791
789
Price
$210,000
$265,000
Price / Sq Ft
$265 / Sq Ft
$336 / Sq Ft
List Date
06/22/2025
03/20/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
603 - 605
Est. Values
$225,731 - $240,141
2 Bedroom Units
Sq Ft Range
755 - 861
Est. Values
$244,305 - $316,004
3 Bedroom Units
Sq Ft Range
1,011
Est. Values
$293,801 - $338,930
4 Bedroom Units
Sq Ft Range
1,213
Est. Values
$347,757 - $369,507
All Units
Sq Ft Range
603 - 1,213
Est. Values
$225,731 - $369,507

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Bikeable

Bike Score®

69 / 100

Very Walkable

Walk Score®

88 / 100

Rider's Paradise

Transit Score®

94 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Busy

Sound Score®

67 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$36.0K - $223K
Range of Taxes in Building
$95 - $4,276
Range of Taxes per Sq Ft
$0.13 - $5.64

Property Tax History

Source: Public Records

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