Condo in 111 E Flagler Street 507, Miami, FL 33131 for sale with MLS# A11916979
Great investment opportunity in the heart of Downtown Miami! This 1-bedroom, 1-bath condo in the historic, protected Flagler First building is rented at $2,200/month through July 2026, making it perfect for investors. A true gem, ideally located steps from Bayside Marketplace, Whole Foods, Kaseya Center, Julia & Henry's Food Hall, and Miami Dade College, with easy access to the Metrorail. Downtown Miami is growing and transforming, making this unit a solid asset poised to appreciate as the neighborhood modernizes. Nearby parking options add convenience for residents and visitors. Don't miss this rare opportunity in a prime location!
111 E Flagler Street 507, Miami, FL 33131
Price
- Price:
- $232,000.00
- Original List Price:
- $252,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $372.39
- More Listings Same Building:
- Flagler First in 111 Flagler St Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- June 11, 2026 9:16 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Bedroom On Entry Level
Measures
- Living Area:
- 623 Sqft
- Built-Up Area:
- 623 Sqft
Property Features
- View from the Property:
- Other
- Waterfront:
- No
- Security:
- Smoke Detector(s), Key Card Entry, Security System, Fire Alarm, Entry - Phone/intercom
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Trash Compactor, Electric Range
- Interior:
- Closet Cabinetry, Kitchen Island, Elevator
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Unit Description:
- High Rise, Interior Hallway
- Storm Protection Impact Glass:
- Partial
Construction
- Year Built:
- 1951
- Levels:
- Two
- Entry Level (floor):
- 1
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 15
- Flood Zone Code:
- X
- Property Condition:
- Resale
Taxes and Expenses
- Tax Annual Amount:
- $3,871.00
- Tax Year:
- 2025
- Association Fee:
- $686.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
Community
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Association Approval Required
- Association Type:
- Homeowner Association, Condominium
- Pets Allowed?:
- No, No Restrictions
- Lease Number Times per Year Allowed:
- 1
- Amenities Provided by the Homeowner's Association (HOA):
- Trash Chute, Billiard Room, Management, Maintenance, Fitness Center, Lobby
- Subdivision Name:
- FLAGLER FIRST CONDO
- Association Fee Includes:
- Maintenance Grounds, Water, Trash, Security, Maintenance Structure, Insurance, Legal/accounting, Elevator, Reserve Funds, Roof Repairs
- Senior Community:
- Yes
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 365
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease
Terms
- Listing Terms Considered by Seller:
- Cash
- Buyer Possession:
- Negotiable, Close Of Escrow
Zoning and Legal
- Tax Legal Description:
- FLAGLER FIRST CONDO UNIT 507 UNDIV 0.817167% INT IN COMMON ELEMENTS OFF REC 25653-4280
- Real Estate Folio Number (Parcel Number):
- 0141370570550
Public Schools Assigned
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
Listing History
- Active on the market since:
- November 19, 2025
- Listing Agreement executed on:
- November 19, 2025
- Purchase Contract Date:
- June 11, 2026
- Price change occurred on:
- December 18, 2025 6:07 pm
- Listing Status Last Changed On:
- June 11, 2026 9:16 pm
- Photos updated on:
- June 11, 2026 9:34 pm
- Last Modified:
- July 9, 2026 6:14 am
Additional Information
- Courtesy of:
- Grand Lion Real Estate Group LLC
- Attribution:
- Not provided
Location
- Floor Number:
- 5
- Street Name:
- Flagler
- Street Number:
- 111
- Unit Number:
- 507
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33131
- County:
- Miami-Dade
- Latitude:
- N25° 46' 28.2''
- Longitude:
- W81° 48' 29.7''
- Street Suffix:
- Street
- Street Direction Prefix:
- E
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$143,114
Median Home Value
$621,700
Median Rent
$2,847/mo
Median Age
36
Population
23,289
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
60
Moderate
☀️ O3
30
Good
🫁 PM2.5
60
Moderate
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