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Condominium at 151 SE 1 St # 2406, Miami FL 33131Active
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Condominium
$345,000$802 / sqft

151 SE 1 St # 2406, Miami FL 33131

1
Bedrooms
1
Bathrooms
430 sqft
Interior
2016
Year built
$530 / mo
HOA
Condominium
Type

About this home

Fully furnished and investment ready one bedroom residence on the 24th floor of Centro in Downtown Miami. This modern loft style unit offers bay views and includes all furniture and appliances, making it ready for immediate use or rental. Centro allows rentals with a 30 day minimum, up to 12 times per year, subject to association approval, making it an attractive option for investors seeking leasing flexibility. Ideally located near Brightline, Miami Worldcenter, Bayfront Park, Kaseya Center, Brickell, restaurants, and entertainment. A well positioned opportunity in one of Miami’s most connected urban neighborhoods.

Features

  • Elevator
  • Barbeque
  • Bay

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$2,275

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,745
HOA
$530 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Majestic Properties LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.