151 SE 1st St # 2511, Miami FL 33131
About this home
The best value floor plan in Downtown Miami and one of the most versatile. This modern condo at Centro is thoughtfully designed to maximize comfort and functionality, featuring two full bathrooms, abundant natural light, city views, and a frosted glass enclosed flex space perfect as a private office, guest room, or second bedroom. The open-concept living area delivers polished concrete floors, stainless steel appliances, tall ceilings, and floor-to-ceiling glass that makes the space feel far larger than its footprint. Residents enjoy resort-style amenities including a rooftop pool, gym with a view, sauna and steam room, club lounge, co-working space, and ping pong. Centro permits 30+ day rentals, giving owners true flexibility. Rent it when you're away, hold it as an income-producing asset, or enjoy it as your full-time urban home base. This unit is a natural fit for young professionals, remote workers who need a dedicated office, couples seeking a stylish city foothold, digital nomads who want rental optionality, and investors looking for a turnkey Downtown Miami asset.
Features
- First Floor Entry
- Open Balcony
- Skyline
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,528
- HOA
- $959 / 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.
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Request a private or video tour with a local agent.
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.
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.