$510,000
SOLD FEB 28, 2025

601 NE 1st Ave Unit 4511 Miami, FL 33132

Park West Neighborhood
1 Bed
1 Bath
687 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$742 Per Sq Ft

38% Below List Price

157 Days on Market

Highlights

  • Doorman
  • 1-minute walk to Freedom Tower
  • Skyline View
  • Fitness Center
  • New Construction
  • Furnished

About This Home

As of February 2025

Welcome to this stunning brand-new condo-hotel in the heart of Miami, perfect for Airbnb and short-term rentals! This fully furnished 1-bedroom, 1-bath unit boasts modern finishes, a spacious balcony with breathtaking skyline views, and everything you need for luxury living in Miami. Can immediately be listed on Airbnb or with the Hotel Program, this property offers an excellent investment opportunity right away. The building is packed with top-notch amenities, including an Italian Market, Restaurant, fitness center with private Peloton Studio, Office spaces for use, pool, and spa. Whether you're looking for a personal retreat or a high-performing rental, this is the ideal spot in vibrant Miami! 24/7 Valet parking services & Hotel Management program available for hands-off investors.

Last Agent to Sell the Property

Yazmin Alonso

Florida Realty of Miami Corp License #3535785 Listed on: 09/24/2024

Florida Realty of Miami Corp

Co-Listed By

Jacqueline Perez

Florida Realty of Miami Corp License #3302729

Last Buyer's Agent

Emel Onur

Lead Consulting Group LLC License #3254557

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2023 | New Construction

HOA Fees

  • $1,200 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Condo Hotel
  • Entry on the 45th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 687 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Skyline Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • 1 Full Bathroom
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-37-079-3020

Community Details

Overview

  • High-Rise Condominium
  • Gale Miami Residences Condos
  • Gale Miami Residences Subdivision
  • 51-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$1,200 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: FROM01
  • Co List Office Phone: 305-598-5488
  • Directions: Please Use Google Maps or Waze and look up 601 NE 1st Ave. The building is called Gale Hotel Miami & Residences.
  • Entry Level: 45
  • Garage Yn: Yes
  • Horses: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo-Hotel, Condo
  • Subdivision Name: Gale Miami Residences
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4098

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Furnished: Furnished
  • Living Area: 687
  • Possible Use: Investment
  • Stories: 51
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled, New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Gale Miami Residences
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Doorman, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1200
  • Amenities: Elevator(s), Exercise Room, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-37-079-3020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $510,000 -4.7% $742 / Sq Ft
12/11/2024 12/11/24 Price Changed $535,000 -10.8% $779 / Sq Ft
11/25/2024 11/25/24 Price Changed $599,900 -14.9% $873 / Sq Ft
10/21/2024 10/21/24 Price Changed $705,000 -13.9% $1,026 / Sq Ft
09/24/2024 09/24/24 For Sale $819,000 -- $1,192 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11660883

MIAMI REALTORS® MLS