601 NE 1st Ave Unit 4712, Miami, FL, 33132

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601 NE 1st Ave Unit 4712, Miami$679,998

Buyer Closing Credits

$8,075^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Garage1 space

Year BuiltNew Const., 2024

HeatingCentral

CoolingCentral Air

WaterfrontBay, Intracoastal

MLS #RX-11022632

StatusActive

About 601 NE 1st Ave Unit 4712

Perfectly suited for Airbnb investors, this studio unit at Gale Miami Hotel and Residences is a short-term rental dream! Fully furnished and approved for short-term stays, this property offers great income potential through platforms like Airbnb or VRBO. With the option to join the hotel's rental program, you can benefit from professional management while maximizing returns. The unit features modern finishes, breathtaking views of Miami's skyline, and access to five-star amenities, including a pool, spa, gym, and private beach club. Positioned in the heart of Downtown Miami, this is the ultimate investment opportunity! Brand new construction building ! across from the Miami Heat Arena !

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Property Details

Property Features

Property Information:

• Year Built: 2024
• Stories: 51
• Living Area: 367 SqFt

Listing Office:

• Office Name: Coldwell Banker
• Office Phone: (561) 395-2233
• Listing Agent: Moris Rafailov

Interior Features

Interior Information:

• Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
• Flooring Type: Tile
• Interior: Bar, Built-in Shelves, Closet Cabinets

Bedroom and Bathroom Information:

• Full Bathrooms: 1

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Bay, Intracoastal

Parking Information:

• Garage Space: 1 space

Virtual/3D Tour

• Virtual Tour: 601 NE 1st Ave Unit 4712

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Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

• List Price: $679,998
• Price Per SqFt: $1,853/SqFt

HOA Fees:

• Amount: $796
• Frequency: Monthly

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Housing Market Comparison

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

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 4712 vs Miami

66 DAYS ON ROCKET

+6 Days

$679,998

+$119.5K More

$1,853/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $119.5K more than the Median Sold Price and $1.4K/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11022632

Listing Office:

• Office Name: Coldwell Banker
• Office Phone: (561) 395-2233
• Listing Agent: Moris Rafailov

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 1:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

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**Disclosures

Rocket Homes›Florida›Miami-Dade County›Miami›33132›601 NE 1st Ave Unit 4712

This home is located at 601 NE 1st Ave Unit 4712 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 367 square foot home was built in 2024. Features: 1 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $679,998.

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. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

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