7 months on rocket

Backup Offers

1600 NE 1st Ave Unit 2520, Miami, FL, 33132

$590,000

Home List Price

$7,006*

Closing Credit

2 Bedrooms
2 Full Baths
1,009 SqFt
$585/SqFt
Condo
Schools Nearby

Location

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1600 NE 1st Ave Unit 2520, Miami$590,000

Buyer Closing Credits

$7,006*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space, Valet
Garage2 spaces
Year Built2018
HeatingCentral
CoolingCentral Air
ViewBay, City
MLS #A11457867
StatusAccepting Backup Offers
(Active Under Contract)

About 1600 NE 1st Ave Unit 2520

Large corner unit in a world-class luxury building with 30,000+ square feet of amenities including: 3 swimming pools, rooftop pool, saunas, fitness center, co-working space, racquetball, game room, business center, movie theater. Prime location with traffic-free access to downtown and Brickell. Minutes from Wynwood, the airport, Miami Beach. Excellent investment allowing short-term rentals 12 times per year with minimum 30 days.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2018
  • Living Area: 1,009 SqFt

Listing Office:

  • Office Name: Miami Condo Advisors, LLC
  • Office Phone: (305) 303-9404
  • Listing Agent: Julian Gheiler

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Disposal, Self Cleaning Oven
  • Flooring Type: Tile
  • Interior: Kitchen Island, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Bay, City
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Parking: One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 1600 NE 1st Ave Unit 2520

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Phyllis Wheatley Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $590,000
  • Price Per SqFt: $585/SqFt

HOA Fees:

  • Amount: $996
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

1600 NE 1st Ave Unit 2520 vs Miami

218 DAYS ON ROCKET

+159 Days

$590,000

+$49.9K More

$585/SqFt

+$205 More

KEY TAKEAWAY

This property is $49.9K more than the Median Sold Price and $205/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11457867

Listing Office:

  • Office Name: Miami Condo Advisors, LLC
  • Office Phone: (305) 303-9404
  • Listing Agent: Julian Gheiler

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:25:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,008

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,835

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2733675
4
/10
  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 0.38 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2733676
1
/10
  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 1.23 miles

  • Public District Grades 6-8

High School

school-card-donut-2733677
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 0.81 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,593. The majority of Miami, FL residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1600 NE 1st Ave Unit 2520

What is the listing price of this property?

The listing price of 1600 NE 1st Ave Unit 2520 property is $590,000.

What type of property is this?

The property 1600 NE 1st Ave Unit 2520 is a condo located in Miami, Florida, 33132.

Is this property for sale now?

Accepting Backup Offers: 1600 NE 1st Ave Unit 2520 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1600 NE 1st Ave Unit 2520 are:
Phyllis Wheatley Elementary School: GreatSchools Rating 4/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 1600 NE 1st Ave Unit 2520 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1600 NE 1st Ave Unit 2520 is 1,009 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1600 NE 1st Ave Unit 2520 is 2018.

Rocket HomesFloridaMiami-Dade CountyMiami331321600 NE 1st Ave Unit 2520

This home is located at 1600 NE 1st Ave Unit 2520 in Miami, FL and zip code 33132 in the Downtown neighborhood. This 1,009 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 23, 2023 and is currently priced at $590,000.

Over 115 listings were sold over their listed price in March 2024 in Miami, FL. In the same period over 619 listings were sold below the listed price and 149 listings were sold for the listed price. The number of listings in Miami, FL increased by 9.1% between February 2024 and March 2024. Listings spent 59 days on the market in March 2024, and had a median list price of $540,091 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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