tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
446

151 SE 1st St Unit 1604, Miami, FL 33131

151 SE 1st St Unit 1604

Miami, FL 33131

  • 23 days on market
Welcome to your dream loft in Downtown Miami! It's a beautiful one-bedroom, one-bath studio at "Centro" with concrete floors and an open, airy floor plan. The building offers top-notch amenities, from a health club with a sauna and steam room to a stunning two-floor lounge and a rooftop pool with amazing views. Perfect for investors or part-time residents, as you can rent it 12 times a year, with a minimum 30-day stay. Plus you'll enjoy the lifestyle without needing a car. Major attractions, Brickell and Bayside Park, great shops and restaurants, are just steps away. This is the perfect place for everyday living or vacations. Great value for a great price in one of the best locations in the area.

Details

Property type

Condominium

Lot size

Unknown

Price per sq ft

$729

Year built

2016

Annual property taxes

$2,875

Monthly HOA fee

$463

Price History

01/16/2025
SEF

SEF #A11725577

Listed
$325,000
-5.77%
01/04/2025
SEF

SEF #A11690833

Removed
$344,900
12/31/2024
SEF

SEF #A11690833

Price change
$344,900
-0.03%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Douglass; Frederick

Middle school: 

de Diego; Jose

High school: 

New World School Of Art

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$150,236
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$148,764
Cash to seller
$150,236

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

April 2018

Original loan amount

$170,250

Est. remaining balance

$148,764

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Dean Malka

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
SEF
$345,000
1 bd
|
1 ba
|
607 sq ft
|
Condo

151 SE 1st St Unit 710, Miami, FL 33131

SEF
$314,000
1 bd
|
1 ba
|
564 sq ft
|
Condo

151 SE 1st St Unit 408, Miami, FL 33131

Price drop
SEF
$329,000
1 bd
|
1 ba
|
446 sq ft
|
Condo

151 SE 1st St Unit 1704, Miami, FL 33131

Status: Active

Tomo last checked: 02/09/2025 at 12:40 AM

Listing updated: 01/22/2025 at 12:32 PM

Listed by: Alexandru Borovic, Compass Florida, LLC. Phone #: (305) 851-2820

MLS: SEF #A11725577

SEF logo

Recently listed in Miami

$520,000|3 bd|2.5 ba|Townhouse
$1,300,000|4 bd|4.5 ba|House
$920,000|4 bd|3.0 ba|House
$2,000,000|5 bd|5.5 ba|House
$460,000|3 bd|3.0 ba|Townhouse