Home » Miami » Centro at 151 1st St Miami » 151 SE 1st 707, Miami, Florida 33131 | A11268698

Sold 151 SE 1st 707, Miami, Florida 33131

$345,000
closed for a price of $320,000

Property Highlights

Listing ID A11268698 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath Living Space 526 Sqft/48.87 m2 approx. Building Area 526 Sqft/48.87 m2 approx. COMMUNITY POOL Year Built 2016 Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 339 Days

151 SE 1st 707, Miami, Florida 33131

Property Description: Purchase in downtown Miami before this area experiences rapid growth! Attractive investment opportunity. Tenants can live, work, and play in the heart of Miami. TENANT INSIDE LEASE EXPIRES ON DECEMBER 2023. This 7th floor 526 sq. ft. STUDIO features central A/C, a dishwasher, washer and dryer, microwave, range/oven, and refrigerator. Low HOA fee. Building from 2016 with a spacious amenity floor, including a beautiful rooftop pool and full-size gym overlooking Brickell. Condo Rules allow for 30-day minimum rentals. The building is a 10-minute walk to either Bayside Marketplace or the bridge to Brickell, and 5-minutes to Whole Foods, Starbucks, and CVS.

Residential Condominium Sold located at 151 SE 1st 707 Miami Florida 33131 in Miami-Dade County referenced as ID MLS # A11268698. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$355,000
Original List Price:$355,000
Close Price:$320,000
More Listings Same Building:Centro at 151 1st St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):7
Entry Level Location:7
Construction Materials:
  • Block
Flooring:
  • Concrete
Number of stories:37
Possible Use:
  • Investment

Property Features

View from the Property:
  • Other
Waterfront:No
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Ice Maker
Interior Features:
  • Bedroom On Main Level
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$3,189

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee:$496
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Spa/hot Tub
  • Billiard Room
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Community Kitchen
Subdivision Name:CENTRO CONDO
Association Fee Includes:
  • Common Areas
  • Internet
  • Amenities
Complex Name:CENTRO CONDOMINIUM
Senior Community:No
Restrictions: Okay to Lease within 1st Year of Ownership, OK To Lease, See Remarks

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • Other

More Details

Other Information:
Unit ViewOther View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUnknown/Withheld
Number of times allowed to lease per year12
Flood ZoneX
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number153

Zoning and Legal

Tax Legal Description:CENTRO CONDO UNIT 707 UNDIV 0.228851% INT IN COMMON ELEMENTS OFF REC 28739-2632
Real Estate Folio Number (Parcel Number):01-41-38-153-1960
Public Survey Township:1
Public Survey Range:41
Public Survey Section:38

Listing History

Update/EventDate/Days
Published Date:September 6, 2022 3:51 pm
On Market Date:September 2, 2022
Close Date:August 11, 2023
Price Change Date Time:April 25, 2023 12:18 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 14, 2023 7:16 am
Status Last Changed:August 14, 2023 7:16 am
Photos Last Modified:January 25, 2023 8:11 pm
Last Modified:August 14, 2023 11:17 am
Days on the Market (updated on Last Modified*):313
Cumulative Days on the Market (updated on Last Modified**):313

Additional Information

Unit Location:High Rise
Number of Photos:25
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Miami Properties Int'l Corp
Universal Property Id:US-12086-N-0141381531960-R-N

Location

Show Property Address:Yes
Street Name:1st
Street Number:151
Street Direction Prefix:SE
Street Address:151 SE 1st 707
Unit Number:707
City : Miami
State : Florida
Zip Code : 33131
County : Miami-Dade County
Full Address:151 SE 1st 707, Miami, Florida 33131
Latitude:N25° 46' 25.1''
Longitude:W81° 48' 33.6''

Neighborhood

Postal City:Miami

Property Map

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