What is the asking price and what does it include?

The list price for 151 SE 1st St # 905, Miami FL 33131 is $369,000. The property is a Condominium with 1 bedrooms, 1 bathrooms, approximately 526 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 151 SE 1st St # 905, Miami FL 33131 in Miami, 33131. Coordinates are approximately 25.7736386, -80.1907033. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 369,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 151 SE 1st St # 905, Miami FL 33131.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Buying
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Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Buying
Selling
Property Search
Contact

Get Pre-Approved !

Home
Condominium
151 SE 1st St # 905, Miami FL 33131 | Miami-Dade County | A12024404

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151 SE 1st St # 905, Miami FL 33131 | Miami-Dade County | A12024404

151 SE 1st St # 905, Miami FL 33131

Residential Active

$369,000

13 More

Type
Condominium

1
Bedroom

1
Bathroom

0
Garage

526 Square Feet
Area Size

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Residential Active

151 SE 1st St # 905, Miami FL 33131 | Miami-Dade County | A12024404

151 SE 1st St # 905, Miami FL 33131

$369,000

Description

Urban lifestyle at Centro, located in the vibrant Downtown Miami. Walking distance to Whole Foods, Bayfront Park, public transportation, Brightline Station, Arena & many bars/restaurants. Minutes from Wynwood, Design District & Miami Beach. This unit has been fully renovated, featuring high ceilings, walk-in closet, customized lighting. Featured amenities include Gym, sauna, steam room, rooftop pool, media room & working spaces. Pet friendly. Cable & Internet included in HOA. Centro does not have assigned parking but residents can use Valet parking for an additional monthly fee at the building or Self park at the Miami Tower. Additional perks include Amazon hub locker & A/C bicycle storage. Perfect to live or as an investment property. Easy to show. STR approved (min 30 days / 12 X year)

Address

Open on Google Maps

Address: 1st St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33131
Area: CENTRO CONDO

Details

Updated on June 3, 2026 at 4:59 pm

Property ID A12024404
Price $369,000
Property Size 526 Square Feet
Bedroom 1
Bathroom 1
Garage 0
Year Built 2016
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle High Rise
AssociationAmenities Bike Storage, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Sauna
AssociationFee 637
AssociationFeeFrequency Monthly
BathroomsFull 1
BathroomsHalf 0
BuildingAreaUnits Square Feet
BuildingName CENTRO CONDO
CarportSpaces 0
ConstructionMaterials Concrete Block Construction, CBS Construction, Stucco
ContractStatusChangeDate 2026-05-23
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 11
EntryLevel 9
ExpirationDate 2026-11-20
Flooring Concrete
Furnished Furnished
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-922-0903
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Centro Condo
MajorChangeTimestamp May 23, 2026 at 07:49pm
MajorChangeType New
MlsStatus Active
ModificationTimestamp June 3, 2026 at 08:48pm
OnMarketDate 2026-05-23
OriginalEntryTimestamp May 23, 2026 at 07:49pm
OriginalListPrice 369000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-38-153-1340
ParkingFeatures On Street, Valet
PatioAndPorchFeatures Open Balcony
PetsAllowed Restrictions Or Possible Restrictions
PhotosChangeTimestamp May 23, 2026 at 07:51pm
PhotosCount 18
Possession Funding
PostalCode 33131
PostalCodePlus4 1432
PriceChangeTimestamp May 23, 2026 at 07:24pm
PublicSurveyRange 41
PublicSurveySection 38
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Lobby Secured
ShowingInstructions See Broker Remarks, Showing Assist
SourceSystemKey 489888703
StateOrProvince FL
StatusChangeTimestamp May 23, 2026 at 07:49pm
StoriesTotal 37
StreetDirPrefix SE
StreetName 1st St
StreetNumber 151
StreetNumberNumeric 151
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Urban lifestyle at Centro, located in the vibrant Downtown Miami. Walking distance to Whole Foods, Bayfront Park, public transportation, Brightline Station, Arena & many bars/restaurants. Minutes from Wynwood, Design District & Miami Beach. This unit has been fully renovated, featuring high ceilings, walk-in closet, customized lighting. Featured amenities include Gym, sauna, steam room, rooftop pool, media room & working spaces. Pet friendly. Cable & Internet included in HOA. Centro does not have assigned parking but residents can use Valet parking for an additional monthly fee at the building or Self park at the Miami Tower. Additional perks include Amazon hub locker & A/C bicycle storage. Perfect to live or as an investment property. Easy to show. STR approved (min 30 days / 12 X year)
TaxAnnualAmount 4490
TaxLegalDescription CENTRO CONDO UNIT 905 UNDIV 0.228851% INT IN COMMON ELEMENTS OFF REC 28739-2632
TaxYear 2025
UnitNumber 905
View Skyline, None
YearBuiltDetails Resale