$299,000
$31K PRICE DROP

Centro 151 SE 1st St Unit 503 Floor 5 Miami, FL 33131

Downtown Miami Neighborhood

Estimated payment $1,929/month

Total Views 2,822
1 Bed
1 Bath
533 Sq Ft
$561 Price per Sq Ft

Highlights

  • Valet Parking
  • 3-minute walk to Miami Avenue
  • Balcony
  • Fitness Center
  • Community Center
  • Card or Code Access

About This Home

Turnkey Investment Opportunity in Downtown !! Excellent investment in one of Downtown’s most desirable locations — steps from Whole Foods, Brickell Avenue, Bayfront Park, museums, theaters, and the Metromover. This loft-style unit offers high ceilings, concrete floors, abundant natural light, and a south-facing exposure. The kitchen is finished with granite countertops, while custom-made walking closet adds both functionality and value to the space. Designed by Yves Behar, this unit embodies raw industrial elegance. Building amenities attract strong rental demand, including: Rooftop pool with 360 city and bay views. Gym and Skylounge on the 38th floor. Currently rented for $2,400/month with a solid Tenant in place, offering immediate cash flow.
Easy to show.

Listing Agent

Maria Rocio Cernadas

One Sotheby's International Realty License #3219521 Listed on: 08/28/2025

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,279

Year Built

  • Built in 2016

Home Design

  • Entry on the 5th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 533 Sq Ft Home
  • Concrete Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Handicap Accessible
  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-153-0660

Community Details

Overview

  • Property has a Home Owners Association
  • Centro Condominium Condos
  • Centro Condo Subdivision
  • 38-Story Property

Amenities

  • Valet Parking
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $645

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,279

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CENTRO CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 299000
  • InternetRemarks: Currently rented for $2,400/month with solid tenant in place (until nov.17th 2025), offering immediate cash flow and strong ROI potential.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Accessibility Features: Accessible
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Concrete
  • Living Area: 533
  • Stories: 38
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Centro condominium
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Amenities: Community Room, Exercise Room
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-153-0660

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4279

Multi Family

  • Maintenance Expense: 645

Map

About Centro

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,279 $210,157 -- --
2024 $4,020 $191,052 -- --
2023 $4,020 $173,684 $0 $0
2022 $3,405 $157,895 $0 $0
2021 $3,117 $143,541 $0 $0
2020 $3,676 $168,872 $0 $0
2019 $4,186 $191,900 $0 $0
2018 $4,109 $191,900 $0 $0
2017 $4,155 $191,900 $0 $0
2016 $167 $5,567 $0 $0
2015 $115 $5,061 $0 $0
2014 $117 $5,061 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2025 12/01/25 Price Changed $299,000 -6.3% $561 / Sq Ft
09/23/2025 09/23/25 Price Changed $319,000 -3.3% $598 / Sq Ft
08/28/2025 08/28/25 For Sale $330,000 -- $619 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Deed $249,900 --
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11868497

MIAMI REALTORS® MLS

APN: 01-4138-153-0660

Florida Miami/Dade County Miami 33131 Downtown Miami

151 SE 1st St Unit 503, Miami, FL

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Maria Rocio Cernadas
Listing Agent
Maria Rocio Cernadas
Section Image
One Sotheby's International Realty
(786) 957-3951