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$232,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 623 Sq. Ft.
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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!

Full Property Details for 111 E Flagler St #507

General

  • Price: $232,000
  • HOA FEE: $686/month
  • Taxes: $3,871 (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11916979
  • Updated: 12/18/2025
  • Added to Site: 59 day(s) ago

Interior

  • Interior Features: Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Elevator
  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level

Additional Information

  • Shared Amenities: Billiard Room, Exercise Room, Trash Chute
  • Maint. Includes: All Amenities, Building Exterior, Elevator, Insurance, Legal/Accounting, Manager, Master Antenna, Outside Maintenance, Reserve Fund, Roof Repairs, Security, Trash Removal, Water
  • Security/Safety: Fire Alarm, Smoke Detector, Card Entry, Intercom In Lobby, Lobby Secured
  • Equipment: Elevator

Parking

  • Parking Features: None

Location

  • Area: Flagler First Condo
  • County: Miami-Dade County
  • Subdivision: FLAGLER FIRST CONDO
  • Building Name: FLAGLER FIRST CONDO

Community

  • Community Name: Flagler First Condo
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Electric
  • Heating Type: Electric

Structural Information

  • Architectural Style: High Rise
  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Windows: Clear Impact Glass, High Impact Windows, Impact Glass
  • Doors: High Impact Doors
  • Entry Floor Number: 5
  • Building Size: 623
  • Square Feet: 623
  • Living Area: 623 Sq. Ft.
  • Year Built: 1951

Lot Features

  • Property View: Other View

Financial Considerations

  • Price Per Sq. Ft.: $372.39
  • Association Fee: $686
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,871
  • Tax Year: 2025
  • Terms: Conventional, VA Loan

Disclosures and Reports

  • Ownership: Corporation
  • Legal Description: FLAGLER FIRST CONDO UNIT 507 UNDIV 0.817167% INT IN COMMON ELEMENTS OFF REC 25653-4280
  • Restrictions: Corporate Buyer OK, No Daily Rentals, Ok To Lease
  • Property ID: 01-41-37-057-0550

Listed by Grand Lion Real Estate Group LLC

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Listing agent

— 111 E Flagler St #507 —

  • Grand Lion Real Estate Group LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 111 E Flagler St #507

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.9 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82.3 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 111 E Flagler St #507 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/18/2025
Price Reduced
$232,000
-7.94%
MLS
11/19/2025
Listed
$252,000
26%
MLS
12/20/2021
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 E Flagler St #507

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,659
11%
$210,840
20%
2023
$3,307
30%
$175,700
49%
2021
$2,552
-10%
$117,540
-13%
2022
$2,850
12%
$135,171
6%
2021
$2,552
2%
$127,761
11%
2019
$2,511
-3%
$115,100
-5%
2018
$2,594
5%
$121,158
6%
2017
$2,475
-2%
$114,300
1%
2016
$2,524
4%
$112,695
10%
2015
$2,416
4%
$102,450
10%
2014
$2,325
19%
$93,137
10%
2013
$1,958
—
$84,670
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 111 E Flagler St #507

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Grand Lion Real Estate Group LLC

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111 E Flagler St #507, Miami, FL 33131 (MLS# A11916979) is a Condo property with 1 bedroom and 1 full bathroom. 111 E Flagler St #507 is currently listed for $232,000 and was received on November 19, 2025. Want to learn more about 111 E Flagler St #507? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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