RioPlaza 611
#MLS: A11789786
$ 193 000
Property details and amenities
Listing date04/25/2025
CityMiami, FL 33130
Address546 SW 1st St, #611
Area605 sqft
Tax/year$ 2 469
HOA$205/Monthly
Built year1988
Bedrooms1
Bathrooms1
Garage
Property description
546 SW 1st St # 611, Miami FL 33130
Discover a smart investor opportunity in the heart of Miami. Located in Miami-Dade County, this turnkey residential condominium offers 605 square feet of comfortable living space, with one bedroom, one bathroom, a private balcony, and attractive skyline views. The property is offered unfurnished and available for cash buyers only.
Built in 1988, this first-floor-entry unit features an elevator, central air conditioning, electric heating, an electric range, and a refrigerator. Residents also enjoy common-area laundry, one assigned parking space, plus one carport space. The gated community includes a secured garage and parking area, fire sprinklers, fire alarms, smoke detectors, and fenced access. Pet approval is subject to restrictions or possible restrictions.RioPlaza Unit 611
Located in RioPlaza Condominium Sout, RioPlaza Unit 611 combines convenience with strong income potential. The HOA fee is approximately $205 per month, and annual property taxes are approximately $2,500. The projected cap rate is 10% or higher, making this an appealing option for investors seeking high ROI. The seller may contribute toward buyer closing costs with an acceptable offer.
Miami offers year-round sunshine, beautiful beaches, vibrant dining, entertainment, and excellent transportation and urban infrastructure. From this central location, residents can enjoy the energy of downtown Miami and easy access to everything the city has to offer.
Schedule your showing at 546 SW 1st St # 611, Miami FL 33130 today. Call or WhatsApp +1 786.468.4380.