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About This Home

This 1-bedroom, 1-bathroom condo at 546 SW 1st St in Miami, FL is listed for $196,000 ($324 per sqft). Built in 1988, the home offers 605 sqft of living space on a N/A lot.

Agent Description

WE BACK BABY--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!

It is the responsibility of the buyer’s agent to verify all information and conduct due diligence***

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Key Features

  • Built in 1988
  • 6 stories

Property Details

6 stories
1 full
#611
1988

Amenities

View

Monthly Cost Estimate

$1,048/mo

20% down · 6.5% · 30 years

Principal$142
Interest$849
Insurance$57

Estimates only. Actual payments may vary.

Location

546 SW 1st St

Miami, FL 33130

Rioplaza Condominium Sout

Features & Amenities

Interior Features

Fire Sprinkler SystemBedroom On Main LevelFirst Floor EntryElevator

Exterior Features

Fence

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Views

City

Parking

Garage

Heating

Electric (Heating)

Cooling

Central Air

Appliances

RangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 546 SW 1st St is listed at $196,000 ($324/sqft). The estimated monthly payment is $849 based on 20% down at 6.5% interest.

Key features include: Built in 1988, 6 stories. Interior Features: Fire Sprinkler System, Bedroom On Main Level, First Floor Entry. Exterior Features: Fence.

This property is listed by Erick Eskelsen and can be reached at 7865649683 or erick_eskelsen@hotmail.com.

EE

Erick Eskelsen

Agent at Luxe Properties

(786) 564-9683

Listed by Luxe Properties · View on Broker Site

MLS# A11789786· Source: listhub· Updated today

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

546 SW 1st St, Miami, FL 33130

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