3 months on rocket

601 NE 1st Ave Unit 2704, Miami, FL, 33132

$860,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
637 SqFt
$1,350/SqFt
Condo

Location

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601 NE 1st Ave Unit 2704, Miami$860,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAttached, Covered, Garage, One Space, Valet
Attached Garage1 space
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air, Electric
ViewCity
MLS #A11640190
StatusActive

About 601 NE 1st Ave Unit 2704

Located in the vibrant heart of Downtown Miami, this fully furnished 1-bedroom apartment is an exceptional investment opportunity. With no rental restrictions, this property is perfectly positioned to generate significant rental income, thanks to its prime location in one of Miami's most desirable neighborhoods. The apartment features a stylish living area with a comfortable sofa bed, making it ideal for accommodating guests and maximizing rental potential. Downtown Miami is experiencing rapid growth and appreciation, ensuring that this property not only offers immediate rental returns but also long-term value appreciation. Whether you're looking for a lucrative investment or a chic urban retreat, this apartment provides the perfect blend of luxury and financial opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2024
  • Living Area: 637 SqFt

Listing Office:

  • Office Name: Florida Brokers Real Estate
  • Office Phone: (954) 640-9111
  • Listing Agent: Natalia Bendersky

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Living/Dining Room, Other, Tub Shower, Bar

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Covered, Garage, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 601 NE 1st Ave Unit 2704
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Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $860,000
  • Price Per SqFt: $1,350/SqFt

HOA Fees:

  • Amount: $1216
  • 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

601 NE 1st Ave Unit 2704 vs Miami

101 DAYS ON ROCKET

+41 Days

$860,000

+$299.5K More

$1,350/SqFt

+$960 More

KEY TAKEAWAY

This property is $299.5K more than the Median Sold Price and $960/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11640190

Listing Office:

  • Office Name: Florida Brokers Real Estate
  • Office Phone: (954) 640-9111
  • Listing Agent: Natalia Bendersky

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 AM 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

$5,576

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,645

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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-828666
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.47 miles

  • Public Charter Grades KG-6

school-card-donut-828667
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-828668
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.94 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,875. Typical income of Miami, FL residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 601 NE 1st Ave Unit 2704

What is the listing price of this property?

The listing price of 601 NE 1st Ave Unit 2704 property is $860,000.

What type of property is this?

The property 601 NE 1st Ave Unit 2704 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 601 NE 1st Ave Unit 2704 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 601 NE 1st Ave Unit 2704 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 601 NE 1st Ave Unit 2704 is 637 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 601 NE 1st Ave Unit 2704 is 2024.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›601 NE 1st Ave Unit 2704

This home is located at 601 NE 1st Ave Unit 2704 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 637 square foot home was built in 2024. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since August 13, 2024 and is currently priced at $860,000.

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. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. In October 2024 median list price was $560,436 and the average listing age was 60 days.

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

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