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1
Bedrooms
1
Bathrooms
774 sqft
Interior
1951
Year built
$850 / mo
HOA
Condominium
Type
About this home
Experience the best of Downtown Miami living in this spacious and bright residence at 111 E Flagler Street. Offering approximately 774 square feet of well-designed living space, this unit features an open-concept layout, generous room size, abundant natural light, and oversized windows that create a bright and inviting atmosphere. Located in the heart of Downtown Miami, this property places you just steps from restaurants, cafés, shopping, entertainment, and public transportation, including the Metromover and Metrorail. Enjoy quick access to Brickell, Bayfront Park, the Kaseya Center, Miami Worldcenter, the Brightline station, PortMiami, Wynwood, and major highways, making commuting and city living exceptionally convenient. Whether you're a first-time buyer, investor, or looking for a centrally located residence, this is an outstanding opportunity to own a spacious condo in one of Miami's fastest-growing urban neighborhoods. Enjoy the convenience of a walkable lifestyle while being minutes from the city's top business, cultural, and entertainment destinations. Don't miss the chance to invest in a property with excellent long-term value in the heart of Miami.
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- None
- Skyline
Leasing
- Minimum lease
- 365 days
- Leases permitted per year
- 2
- No Daily Rentals
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 $1,950–$3,495.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.