NOT LISTED FOR SALE

Rio Plaza Condominiums 546 SW 1st St Unit 406 Miami, FL 33130

Riverside Neighborhood

Estimated Value: $252,000 - $280,000

2 Beds
1.5 Baths
861 Sq Ft
$152/mo HOA Fee

Last Sold November 20, 2020

Last sale price $159,000 $185 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $1,809/month

257 Days on Market

Highlights

  • Card or Code Access
  • Central Heating and Cooling System
  • Laundry Facilities
  • Tile Flooring

About This Home

As of November 2020

Completely remodeled Unit. Newly Remodeled Bathrooms and Kitchen. New Remodeled Kitchen Cabinets and Granite Counter Tops. Condo in a new up and coming area of Miami. This condo is in a great location, only 1.2 miles from Brickell City Center and many other new shopping and dining locations. 2 Bedroom / 1 & 1/2 Bath. Stove & Fridge included & belong to Association. There is a laundry facility on every floor. Gated Secured Parking inside Building with remote control access. One covered parking space assigned to unit. See pictures. Lowest Monthly Association in area. Newer Building, kept clean and newly painted interior. HOA restricts from AirBnb.
Roof is being replaced by association. Special Assessment of $182 through December of this year is being collected for roof.

Last Agent to Sell the Property

Bonnie McDonald

Premier Real Estate Sales Inc. License #3306517 Listed on: 01/19/2020

Last Buyer's Agent

Nathalie Tordion

Luft Realty License #3323571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1988

HOA Fees

  • $152 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 861 Sq Ft Home
  • 4-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Carport Space
  • 1 Car Parking Space

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-068-0280

Community Details

Overview

  • Low-Rise Condominium
  • Rio Plaza Condo South Condos
  • Rioplaza Condominium Sout Subdivision

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,919

Year Built

Built in 1988

Lot Details

0

HOA Fees

$152 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RIOPLAZA CONDOMINIUM SOUT
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 861
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIO PLAZA CONDO SOUTH
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Card Entry, Other

Condo/Co-op/Association

  • Association Fee: 152
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-38-068-0280
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2020
Closed on
Nov 20, 2020
Sold by
Boardwalk To Baltic Holdings Llc
Bought by
Smolka Marco R
Seller's Agent
Bonnie McDonald
Premier Real Estate Sales Inc.
Buyer's Agent
Nathalie Tordion
Luft Realty
List Price
$195,000
Sold Price
$159,000
Premium/Discount to List
-$36,000
-18.46%
Current Estimated Value
$268,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,726
Avg. Annual Appreciation
12.94%
Original Mortgage
$119,250
Outstanding Balance
$106,599
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$175,450

Purchase Details

Closed on
Dec 13, 2018
Sold by
Correa Nicolas
Bought by
Boardwalk To Baltic Holdings Llc

Purchase Details

Closed on
Feb 12, 2015
Sold by
Correa Diana
Bought by
Rioplaza Condominium South Association I

Purchase Details

Closed on
Dec 28, 2006
Sold by
Cedeno Francisco E
Bought by
Correa Nicolas and Correa Diana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2004
Sold by
Hernandez Angel and Banguero Tulia Sixta
Bought by
Cedeno Francisco E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
7.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smolka Marco R $159,000 Clear Title Group
Boardwalk To Baltic Holdings Llc $131,800 None Available
Rioplaza Condominium South Association I $22,269 None Available
Correa Nicolas $175,000 Trans America Title Group Co
Cedeno Francisco E $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smolka Marco R $119,250
Previous Owner Correa Nicolas $175,000
Previous Owner Cedeno Francisco E $147,250
Previous Owner Cedeno Francisco E $109,250
Previous Owner Banguero Tulia Sixta $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2020 11/20/20 Sold $159,000 -10.2% $185 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
04/20/2020 04/20/20 Price Changed $177,000 -7.8% $206 / Sq Ft
02/23/2020 02/23/20 Price Changed $192,000 -1.5% $223 / Sq Ft
01/19/2020 01/19/20 For Sale $195,000 -- $226 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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 $2,075 $149,545 -- --
2024 $2,040 $145,331 -- --
2023 $2,040 $141,099 $0 $0
2022 $1,958 $136,990 $0 $0
2021 $1,939 $133,000 $0 $0
2020 $2,982 $140,000 $0 $0
2019 $2,989 $140,000 $0 $0
2018 $2,919 $139,352 $0 $0
2017 $2,952 $139,352 $0 $0
2016 $2,765 $126,684 $0 $0
2015 $1,594 $54,026 $0 $0
2014 $1,524 $49,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Bonnie McDonald

    Premier Real Estate Sales Inc.

    (786) 346-9062

    1 in this area

    50 Total Sales

    Section Image
  • Nathalie Tordion

    Buyer's Agent in 2020

    Nathalie Tordion

    Luft Realty

    (310) 994-1100

    1 in this area

    6 Total Sales

    Section Image
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About Rio Plaza Condominiums

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10803077

MIAMI REALTORS® MLS

APN: 01-4138-068-0280

Florida Miami/Dade County Miami 33130 Riverside

546 SW 1st St Unit 406, Miami, FL

This home is located at 546 SW 1st St Unit 406, Miami, FL 33130 since 19 January 2020 and is currently estimated at $268,726, approximately $312 per square foot. This property was built in 1988. 546 SW 1st St Unit 406 is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

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.

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