1 month on rocket

601 NE 1st Ave Unit 4511, Miami, FL, 33132

$705,000

Home List Price

$8,372*

Closing Credit

1 Bedroom
1 Full Bath
687 SqFt
$1,026/SqFt
Condo

Location

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601 NE 1st Ave Unit 4511, Miami$705,000

Buyer Closing Credits

$8,372*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, One Space, Valet
Garage1 space
Year Built2023
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
ViewCity, Other
MLS #A11660883
StatusActive

About 601 NE 1st Ave Unit 4511

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. Currently listed on Airbnb, 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 more. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2023
  • Living Area: 687 SqFt

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Yazmin Alonso

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior: Breakfast Area, Closet Cabinetry, Living/Dining Room, Tub Shower

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Other
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 601 NE 1st Ave Unit 4511
Virtual Tour

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Please Use Google Maps or Waze and look up 601 NE 1st Ave. The building is called Gale Hotel Miami & Residences.

Price Information

Listing Price Info

Price Summary:

  • List Price: $705,000
  • Price Per SqFt: $1,026/SqFt

HOA Fees:

  • Amount: $1200
  • 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 4511 vs Miami

59 DAYS ON ROCKET

-1 Day

$705,000

+$144.5K More

$1,026/SqFt

+$636 More

KEY TAKEAWAY

This property is $144.5K more than the Median Sold Price and $636/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: #A11660883

Listing Office:

  • Office Name: Florida Realty of Miami Corp
  • Office Phone: (305) 598-5488
  • Listing Agent: Yazmin Alonso

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, 8:20:48 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

$4,786

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,180

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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-847608
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.47 miles

  • Public Charter Grades KG-6

school-card-donut-847609
3
/10

  • Frederick R. Douglass Elementary School

  • 314 NW 12th St

  • 0.59 miles

  • Public District Grades PK-5

school-card-donut-847610
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. The majority of Miami, FL residents have income between $35k-100k annually. Most families are single, no kids. 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 4511

What is the listing price of this property?

The listing price of 601 NE 1st Ave Unit 4511 property is $705,000.

What type of property is this?

The property 601 NE 1st Ave Unit 4511 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Active Listing: 601 NE 1st Ave Unit 4511 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 4511 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 601 NE 1st Ave Unit 4511 is 687 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 601 NE 1st Ave Unit 4511 is 2023.

Rocket Homes›Florida›Miami-Dade County›Miami›33132›601 NE 1st Ave Unit 4511

This home is located at 601 NE 1st Ave Unit 4511 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 687 square foot home was built in 2023. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 24, 2024 and is currently priced at $705,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while 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%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

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

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