NOT LISTED FOR SALE

Rio Plaza Condominiums 546 SW 1st St Unit 603 Miami, FL 33130

Riverside Neighborhood

Estimated Value: $228,000 - $397,000

2 Beds
1 Bath
791 Sq Ft
1988 Built

Last Sold June 30, 2023

Last sale price $250,000 $316 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,922/month

188 Days on Market

Highlights

  • River View
  • Balcony
  • Card or Code Access
  • Soaking Tub in Primary Bathroom
  • Impact Glass
  • Secured Garage or Parking

About This Home

As of June 2023

Amazing opportunity to own a 2bed/ 1 bath condo unit in East Little Havana! Well-maintained and occupied by one owner. Spectacular unobstructed city views and within walking distance to Downtown Miami, park amenities, Publix, and Brickell City Center shopping mall. Easy trolley access and public transportation. Low monthly maintenance, gated secured, assigned parking space with remote access control, laundry facility on every floor. Pet-friendly building. Live or invest in an on-demand area with limited inventory under this price range. Easy to show. Unit can be rented.

Last Agent to Sell the Property

Altagracia Labrozzi

Cedano Realty Advisors LLC License #3176991 Listed on: 11/19/2022

Last Buyer's Agent

Mohamed Mohamed

Julies Realty, LLC License #3547638

Julies Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $475

Year Built

  • Built in 1988

Lot Details

  • Northeast Facing Home
  • Fenced

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 791 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • River Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • Open Parking
  • Assigned Parking

Utilities

  • Central Air
  • No Heating
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-068-0150

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Rioplaza Condominium Condos
  • Rioplaza Condominium Sout Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced
  • Impact Glass
  • Fire Sprinkler System

Additional Features

  • Trash Chute
  • Maintenance Expense $294

Property Details

Home Type

Condominium

Est. Annual Taxes

$475

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ 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: Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Elevator, Fire Sprinklers
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 791
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Stories: 6
  • Window Features: Impact Glass
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Other View, River
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIOPLAZA CONDOMINIUM
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, Open, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Security: Fire Sprinklers, Complex Fenced, Card Entry, Secured Garage/Parking, Other

Condo/Co-op/Association

  • Amenities: Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-068-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 294

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Jun 30, 2023
Sold by
Hodge Selma V
Bought by
Millennial Way Llc
Seller's Agent
Altagracia Labrozzi
Cedano Realty Advisors LLC
Buyer's Agent
Mohamed Mohamed
Julies Realty, LLC
List Price
$249,000
Sold Price
$250,000
Premium/Discount to List
$1,000
0.4%
Views
121
Current Estimated Value
$293,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,178
Avg. Annual Appreciation
6.57%
Original Mortgage
$160,000
Outstanding Balance
$156,445
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Estimated Equity
$131,274
Source: Public Records

Range of Values:

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Average Value
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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
Millennial Way Llc $250,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millennial Way Llc $160,000
Previous Owner Hodge Selma $98,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $250,000 +0.4% $316 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $249,000 0.0% $315 / Sq Ft
12/31/2022 12/31/22 Pending -- -- --
11/19/2022 11/19/22 For Sale $249,000 -- $315 / 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 $4,315 $202,471 -- --
2024 $3,850 $215,395 -- --
2023 $3,850 $187,300 $0 $0
2022 $495 $49,001 $0 $0
2021 $480 $47,574 $0 $0
2020 $467 $46,918 $0 $0
2019 $445 $45,864 $0 $0
2018 $419 $45,009 $0 $0
2017 $404 $44,084 $0 $0
2016 $397 $43,178 $0 $0
2015 $398 $42,878 $0 $0
2014 $398 $42,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Altagracia Labrozzi

    Seller's Agent in 2023

    Altagracia Labrozzi

    Cedano Realty Advisors LLC

    (786) 546-5164

    3 in this area

    13 Total Sales

    Altagracia Labrozzi
    Section Image

  • M

    Buyer's Agent in 2023

    Mohamed Mohamed

    Julie's Realty

    (305) 399-4811

    1 in this area

    5 Total Sales

    Mohamed Mohamed
    Section Image
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About Rio Plaza Condominiums

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11305451

MIAMI REALTORS® MLS

APN: 01-4138-068-0150

Florida Miami/Dade County Miami 33130 Riverside

546 SW 1st St Unit 603, Miami, FL

This home is located at 546 SW 1st St Unit 603, Miami, FL 33130 since 19 November 2022 and is currently estimated at $293,178, approximately $370 per square foot. This property was built in 1988. 546 SW 1st St Unit 603 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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