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Condominium at 501 NE 1ST ST # 1006, Miami Beach FL 33132Active
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Condominium
$690,000$1,350 / sqft

501 NE 1ST ST # 1006, Miami Beach FL 33132

1
Bedrooms
1
Bathrooms
511 sqft
Interior
2025
Year built
$807 / mo
HOA
Condominium
Type

About this home

AMAZING LOCATION AT THE HEART OF MIAMI DOWNTOWN, CLOSE TO MIAMI'S BRAND-NEW WORLD TRADE CENTER. LUXURY CONDO TURN-KEY READY FULLY FURNISHED FEATURING WORLD-CLASS AMENITIES INCLUDING BREATH-TAKING CITY VIEWS FROM TERRACE SWIMMING POOL, SOLARIIUM, RELAX ROOMS, BUSINESS CENTER FOR CO-WORKING SPACES, PRIVATE MEETING ROOMS AND STATE-OF-THE ART FITNESS CENTER. MODERN FLOOR PLANS AND HIGH-END APPLIANCES INCLUDING PRIVATE LAUNDRY WITH WASHER & DRYER. GREAT FOR INVESTORS SEEKING NO RENTAL RESTRICTIONS AND VACATION-RENTAL FRIEDLINESS.365-24/7 ON-SITE SECURITY AND SURVEILLANCE, VALET PARKING AND CONCIERGE SERVICES. JUST CAN'T MISS THIS GREAT OPPORTUNITY TO OWN YOUR SPACE AT THE MOST SOUGHT-AFTER & ACTIVE LOCATION IN MIAMI, FLORIDA.

Features

  • Lobby
  • Elevator
  • East Of Us1
  • Open Balcony
  • Garden View

Location

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

Estimated loan & HOA

$4,296

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

Principal & interest
$3,489
HOA
$807 / 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
Grand Realty of America, Corp.

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.