SOLD JUN 30, 2022
RENTED JUN 7, 2025
501 SW 1st St, Unit 607 Miami, FL 33130
Riverside Neighborhood
2
Beds
1
Bath
789
Sq Ft
$294/mo
HOA Fee
Highlights
- Intercom to Front Desk
- Balcony
- Video Cameras
- River View
- Clear Impact Glass
- Entrance Foyer
About This Home
As of June 2022Amazing opportunity to own 2 bed/1 bath condo unit. Located in East Little Havana. Spectacular unobstructed river and city views, walking distance to Downtown bridge, Jose Marti Park amenities, Publix, and Brickell City Center shopping mall. Easy trolley access and public transportation. Low monthly maintenance fee, well-maintained building, gated, security camera, assigned parking space, pet friendly, remote access control, laundry facility on every floor, and hurricane impact windows. Limited inventory under this price range. Can be leased within 2 years. Min. 25% financing.
Last Agent to Sell the Property
Cedano Realty Advisors LLC License #3176991 Listed on: 03/28/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $322
Year Built
- Built in 1988
Lot Details
- East Facing Home
- Fenced
HOA Fees
- $294 Monthly HOA Fees
Parking
- 1 Car Garage
- Automatic Garage Door Opener
Home Design
- Concrete Block And Stucco Construction
Interior Spaces
- 789 Sq Ft Home
- Entrance Foyer
- Combination Dining and Living Room
- Ceramic Tile Flooring
- River Views
- Video Cameras
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- 1 Full Bathroom
Utilities
- Central Air
- No Heating
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Balcony
Listing and Financial Details
- Assessor Parcel Number 01-41-38-067-0350
Community Details
Overview
- Mid-Rise Condominium
- Rio Plaza Condos
- Rioplaza Condominium Nort Subdivision
- 6-Story Property
Amenities
- Intercom to Front Desk
- Secure Lobby
- Elevator
Pet Policy
- Breed Restrictions
Security
- Clear Impact Glass
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2022
Closed on
Jun 29, 2022
Sold by
Migdalia Avedo
Bought by
Carreno Felipe
Seller's Agent
Altagracia Labrozzi
Cedano Realty Advisors LLC
Buyer's Agent
Herbert Ortiz PA
United Real Estate Miami
List Price
$225,000
Sold Price
$226,000
Premium/Discount to List
$1,000
0.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,541
Avg. Annual Appreciation
5.41%
Original Mortgage
$158,200
Outstanding Balance
$151,761
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$113,780
Purchase Details
Closed on
Apr 25, 2000
Sold by
Avedo Migdalia
Bought by
Avedo Migdalia
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Personal Reps Deed | $226,000 | Miami Realty Law Group Pllc | |
| Personal Reps Deed | $100 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $158,200 | New Conventional | |
| Previous Owner | $240,000 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $38,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2025 06/07/25 | Rented | $2,100 | 0.0% | -- |
| 05/31/2025 05/31/25 | Price Changed | $265,000 | 0.0% | $336 / Sq Ft |
| 05/21/2025 05/21/25 | Under Contract | -- | -- | -- |
| 04/24/2025 04/24/25 | Price Changed | $270,000 | 0.0% | $342 / Sq Ft |
| 04/03/2025 04/03/25 | For Rent | $2,300 | 0.0% | -- |
| 03/20/2025 03/20/25 | For Sale | $280,000 | +23.9% | $355 / Sq Ft |
| 06/30/2022 06/30/22 | Sold | $226,000 | +0.4% | $286 / Sq Ft |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | For Sale | $225,000 | -- | $285 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $4,158 | $200,958 | -- | -- |
| 2024 | $3,821 | $204,490 | -- | -- |
| 2023 | $3,821 | $185,900 | $0 | $0 |
| 2022 | $2,993 | $145,200 | $0 | $0 |
| 2021 | $335 | $40,786 | $0 | $0 |
| 2020 | $324 | $40,223 | $0 | $0 |
| 2019 | $306 | $39,319 | $0 | $0 |
| 2018 | $285 | $38,586 | $0 | $0 |
| 2017 | $271 | $37,793 | $0 | $0 |
| 2016 | $262 | $37,016 | $0 | $0 |
| 2015 | $261 | $36,759 | $0 | $0 |
| 2014 | $260 | $36,468 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Fernandez
Seller's Agent in 2025
Michael Fernandez
Compass Florida, LLC
(786) 546-3064
-
Renaud Nogrix
R
Buyer's Agent in 2025
Renaud Nogrix
Brickell Brokers LLC
(786) 260-4357
3 Total Sales
-
Altagracia Labrozzi
Seller's Agent in 2022
Altagracia Labrozzi
Cedano Realty Advisors LLC
(786) 546-5164
3 in this area
13 Total Sales
-
Herbert Ortiz PA
Buyer's Agent in 2022
Herbert Ortiz PA
United Real Estate Miami
(305) 458-7411
3 in this area
13 Total Sales
About This Building
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11180829
APN: 01-4138-067-0350
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