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1
Bedrooms
1
Bathrooms
716 sqft
Interior
2023
Year built
$601 / mo
HOA
Condominium
Type
About this home
Modern living in the heart of Miami at an attainable price. Centralis Residences Miami is a boutique Condominium of only 100 residences recently built (2023) that offers move-in-ready 1BD/1BH units from the $300Ks & 2BD/BH units from the $400Ks. The building features assigned covered parking, private balconies, resort-style pool, social lounge, & 24/7 fitness center. Residences include kitchens with quartz countertops, & wood-style flooring. Just a few blocks from Calle Ocho, minutes to Brickell, Downtown, Coral Gables, & 2nd largest health district. Located in the booming & revitalizing Little Havana. Ideal for first time buyers-Fannie Mae approval pending (buy with as little as 3% down) or Investor looking to earn income from day one & seeking rental flexibility (12 times per year).
Features
- Elevator
- Fire Sprinklers
- Pantry
- Volume Ceilings
- Walk-In Closet(s)
- Open Balcony
- Pool Area View
- Skyline
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.