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$195,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 605 Sq. Ft.
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Back on the Market CASH ONLY --- Attention Investors!!! 9% cap rate. This well-maintained, pet-friendly 1-bed, 1-bath condo features a private balcony with views of the Miami downtown skyline. Located in the heart of Miami, it offers an excellent investment opportunity with a Section 8 tenant in place, paying current market rent. The building has assigned parking, remote-controlled gate access, and a washer/dryer on every floor. This condo is conveniently located next to the elevator, just minutes from downtown Miami's dining, shopping, and entertainment. A fantastic opportunity for investors! Showings only with accepted offer*** It is the responsibility of the buyer's agent to verify all information and conduct due diligence*** TEXT LA for faster response!

Full Property Details for 546 SW 1st St #611

General

  • Price: $195,000
  • HOA FEE: $210/month
  • Taxes: $2,415 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11789786
  • Updated: 12/12/2025
  • Added to Site: 268 day(s) ago

Interior

  • Interior Features: First Floor Entry, Elevator, Fire Sprinklers
  • Appliances: Electric Range, Refrigerator
  • Furnishings: Unfurnished
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Entry Level

Other Rooms

  • Laundry: Common Area

Additional Information

  • Shared Amenities: None
  • Maint. Includes: Building Exterior, Elevator, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Sewer, Trash Removal, Water
  • Security/Safety: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Secured Garage/Parking
  • Equipment: Automatic Garage Door Opener, Elevator

Exterior

  • Exterior Features: Other

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Carport Spaces: 1
  • Covered Spaces: 2
  • Parking Features: 1 Space

Location

  • Area: Rioplaza Condominium Sout
  • County: Miami-Dade County
  • Subdivision: RIOPLAZA CONDOMINIUM SOUT
  • Building Name: RioPlaza
  • Direction Faces: North

Community

  • Community Name: Rioplaza Condominium Sout
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

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

Structural Information

  • Structure Type: Condo 5+ Stories, Condo
  • Detached/Attached: Attached
  • Construction: Concrete Block Construction
  • Entry Floor Number: 6
  • Building Size: 605
  • Square Feet: 605
  • Living Area: 605 Sq. Ft.
  • Year Built: 1988

Lot Features

  • Property View: Skyline
  • Fencing (Description): Fenced

Financial Considerations

  • Price Per Sq. Ft.: $322.31
  • Association Fee: $210
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,415
  • Tax Year: 2024
  • Terms: Cash

Disclosures and Reports

  • Legal Description: RIOPLAZA CONDOMINIUM SOUTH UNIT 611 UNDIV .01339 INT IN COMMON ELEMENTS OFF REC 13859-290 OR 13940-2876 1288 1
  • Restrictions: Min.Down Payment Req., No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 01-41-38-068-0530

Listed by Luxe Properties

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— 546 SW 1st St #611 —

  • Luxe Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 546 SW 1st St #611

School District:Dade County School District
NameGradesDistance
Riverside Elementary Community School
1190 Southwest 2nd Street, Miami, FL 33130
PK-50.6 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
9-120.9 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 546 SW 1st St #611 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/12/2025
Price Reduced
$195,000
-9.3%
MLS
5/29/2025
Price Reduced
$215,000
-2.27%
MLS
4/25/2025
Listed
$220,000
—
MLS
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 546 SW 1st St #611

Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,415
10%
$174,800
15%
2023
$2,201
17%
$152,000
27%
2022
$1,876
10%
$119,660
20%
2021
$1,703
11%
$99,717
71%
2019
$1,540
7%
$58,281
10%
2018
$1,444
3%
$52,983
-48%
2017
$1,402
6%
$102,670
134%
2016
$1,318
12%
$43,789
10%
2015
$1,174
5%
$39,809
10%
2014
$1,123
51%
$36,190
10%
2013
$745
—
$32,900
—
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 546 SW 1st St #611

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

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NMLS#: 1598647

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Listed by Luxe Properties

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546 SW 1st St #611, Miami, FL 33130 (MLS# A11789786) is a Condo property with 1 bedroom and 1 full bathroom. 546 SW 1st St #611 is currently listed for $195,000 and was received on April 25, 2025. Want to learn more about 546 SW 1st St #611? 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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