151 SE 1st St 2802, Miami, FL 33131 — MLS photo

Active · Condominium

$450,000

151 SE 1st St 2802, Miami, FL 33131

Beds: 2
Baths: 1
Living area: 736 sq ft
$ / sq ft: $611/sq ft
Year built: 2016
Lot size: —
HOA fee: $892 Monthly
Annual tax: $6,436

About this property

Enjoy incredible water & city views from this 2 Bedroom in Downtown Miami's modern Centro Condo! Fully Furnished & with Tenant in place (Jan 2027 $3100/month) this is the perfect investment opportunity! Building allows monthly rentals. Walking distance to Kaseya Center, Bayside, Bayfront park and Brickell! Or walk 2 blocks to the station that takes you around Downtown Miami or Brickell. Prime location! Rooftop pool, Gym, 24 hour front desk & so much more!

Property location

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151 SE 1st St 2802, Miami, FL 33131

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Living area: 736 sq ft
Flooring: Concrete
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, First Floor Entry
Furnished: Furnished

Exterior & Structure

Property type: Condominium
Year built: 2016
Stories: 36
Architectural style: Other
Construction: Other
Exterior features: Balcony
Pool: Association
View: Other, Skyline, Water

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: None

HOA, Community & Financials

Association fee: $892 Monthly
Fee inclusions: Amenities, Internet, Sewer, Trash, Water
Amenities: Clubhouse, Elevators, Fitness Center, Pool
Security: Door Man
Pets allowed: Conditional, Yes
Annual tax: $6,436
Subdivision: CENTRO CONDO
County: Miami-Dade
Days on market: 210
MLS listing ID: A11990272
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Estimated monthly cash flow

-$1,518

Cap rate: 1.6%
Net yield: 1.6%
Cash-on-cash return: -14.5%
Gross yield: 6.8%
Mortgage payment: $2,133/mo
Down payment: $112,500
Loan amount: $337,500
Annual NOI: $7,380

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.