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Backup Offers

501 SW 1st St Unit 509, Miami, FL, 33130

$275,000

Home List Price

$3,266*

Closing Credit

2 Bedrooms
1 Full Bath
791 SqFt
$348/SqFt
Condo

Location

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501 SW 1st St Unit 509, Miami$275,000

Buyer Closing Credits

$3,266*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built1988
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewCity
MLS #A11670473
StatusAccepting Backup Offers
(Active Under Contract)

About 501 SW 1st St Unit 509

Best value turn key 2 bedroom condo near downtown. Located west of Miami River this 2 bed/ 1 bath apartment is minutes to downtown, and Brickell City Center. Experience views of Miami skyline from your balcony. Easy trolley access and public transportation. Well maintained gated building, with security camera, 1 assigned parking space, remote access control, laundry facility on every floor. Great for investor 25% down and rent for $2300 or first time home buyer get approved with preferred lender and purchase for as little as 10% down.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1988
  • Living Area: 791 SqFt

Listing Office:

  • Office Name: Luxe Properties
  • Office Phone: (305) 809-7650
  • Listing Agent: Maritza Aguiar

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Interior: Elevator, Handicap Access

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Price Information

Listing Price Info

Price Summary:

  • List Price: $275,000
  • Price Per SqFt: $348/SqFt

HOA Fees:

  • Amount: $370
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

501 SW 1st St Unit 509 vs Miami

51 DAYS ON ROCKET

-9 Days

$275,000

-$285.4K Less

$348/SqFt

-$42 Less

KEY TAKEAWAY

This property is $285.4K less than the Median Sold Price and $42/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11670473

Listing Office:

  • Office Name: Luxe Properties
  • Office Phone: (305) 809-7650
  • Listing Agent: Maritza Aguiar

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 6:20:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$891

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-949845
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.22 miles

  • Public Charter Grades KG-5

school-card-donut-949846
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.38 miles

  • Public Charter Grades KG-6

school-card-donut-949847
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,478. Residents of Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 SW 1st St Unit 509

What is the listing price of this property?

The listing price of 501 SW 1st St Unit 509 property is $275,000.

What type of property is this?

The property 501 SW 1st St Unit 509 is a condo located in Miami, Florida, 33130.

Is this property for sale now?

Accepting Backup Offers: 501 SW 1st St Unit 509 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

How many bedrooms and bathrooms does this property have?

The property at 501 SW 1st St Unit 509 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 501 SW 1st St Unit 509 is 791 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 SW 1st St Unit 509 is 1988.

Rocket Homes›Florida›Miami-Dade County›Miami›33130›501 SW 1st St Unit 509

This home is located at 501 SW 1st St Unit 509 in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 791 square foot home was built in 1988. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $275,000.

While more than 62 listings in Miami, FL in October 2024 were sold above asking price, there were more than 129 listings sold at asking price, and more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. While the average time on the market in October 2024 was 60 days, the median list price was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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