999 SW 1st Ave # 1611, Miami FL 33130 | Miami-Dade County | A12005509
- $640,000
- $640,000
Description
INVESTOR OPPORTUNITY in the heart of Brickell! Tenant-occupied and currently generating $4,250 per month in rental income. This beautifully furnished 2-bedroom, 2-bath residence offers stunning eastern views of the Miami skyline, Biscayne Bay, and the pool area. The unit features wood-look tile flooring throughout, including the balcony, Italian cabinetry with quartz countertops, window shades, and brand-new custom closets in both bedrooms. One assigned covered parking space is included, with additional parking potentially available through the association for approximately $200 per month. Prime Brickell location just steps from MetroRail, Publix downstairs, Brickell City Centre, restaurants, shopping, and entertainment, with convenient access to the University of Miami and Jackson Memorial Hospital. Excellent opportunity for an investor seeking an already leased, income-producing property in one of Miami’s most desirable urban neighborhoods.
Property Overview
This is a 2-bedroom, 2-bath condominium of about 1097 square feet at 999 SW 1st Ave # 1611, Miami FL 33130 (Miami 33130), listed at $640,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,225.
The tax of record is $8,664 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $12,800/yr (≈ $1,067/mo); with the homestead exemption on a primary residence, about $11,800/yr (≈ $983/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price is $640,000. This specific unit is sold as furnished per the MLS listing, and all its fixtures and built-in appliances will convey with the home.
Access to community amenities, including the pool, exercise room, and business center, is provided through the HOA. To verify the exact furnishings included and review all HOA governing documents, please contact Christopher Lazaro, Miami Real Estate Advisor.
Where exactly is it, and what should I know about the location?
The property is at 999 SW 1st Ave, Unit 1611, in Miami, Florida 33130. This places it within the city's urban core along the Miami River and Brickell coastal corridor.
For a detailed evaluation of the area's current market conditions and building-specific dynamics, you should contact Christopher Lazaro, Miami Real Estate Advisor, to verify the information directly.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for this condominium is $1,225. According to the building's governing documents, this assessment covers the following: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Manager, Pool Service, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal, and Water.
Please note that the community's operations are also subject to Miami city ordinances. For a complete review of the financial statements and rules, or to verify any specific coverage, you should contact Christopher Lazaro, Miami Real Estate Advisor.
What are the property taxes and homestead implications?
The tax of record is $8,664 (2025). As an estimate only—Florida reassesses at sale—at the $640,000 list price and a Miami-Dade rate near 2.0%: without homestead, about $12,800 per year; with the homestead exemption, which lowers taxable value for a primary residence, about $11,800 per year. These are estimates, not quotes; confirm with the Miami-Dade Property Appraiser and a tax professional.
For precise verification, you should reach Christopher Lazaro, Miami Real Estate Advisor.
Is the home in a flood zone, and what does that mean?
The property's flood zone status is a critical disclosure. Flood zones, defined by FEMA, indicate a property's risk level for flooding; lenders frequently mandate flood insurance for homes in designated high-risk areas. You can view the FEMA flood map for this address to review the official designation.
For a precise assessment and to discuss any insurance implications, contact Christopher Lazaro, Miami Real Estate Advisor, for verification.
Are pets allowed?
Pets over 20 lbs are allowed. We will provide the association's complete written pet rules for this unit upon request.
Federal accommodation rules apply separately for documented service or support animals. For verification of all policies, contact Christopher Lazaro, Miami Real Estate Advisor.
How is the price set and is there room to negotiate?
The price was set using a Comparative Market Analysis for the building and immediate vicinity. To gauge negotiability, consider the broader market: Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026).
A Miami-specific CMA for this property is available to inform your offer strategy. To review it and verify current conditions, reach out to Christopher Lazaro, Miami Real Estate Advisor.
What financing step do you recommend before touring?
I recommend securing a mortgage pre-approval before touring any property. This involves working directly with a licensed Florida mortgage professional, which you can begin through a verified service like Get-PreApproved.com.
Once you have your pre-approval letter in hand, contact Christopher Lazaro, Miami Real Estate Advisor, to schedule a viewing and verify your financial position aligns with this specific listing.
Monthly Fees & Carrying Costs
| Association Fee | $1,225 / month |
| Total Monthly Fees | $1,225 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
This listing is courtesy of Florida Realty of Miami Corp.
Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Address
Open on Google Maps-
Address: 1st Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33130
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Area: NINE AT MARY BRICKELL VIL, Nine At MBV
Details
Updated on November 3, 2026 at 9:36 pm-
Property ID A12005509
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Price $640,000
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Property Size 1097 Sq Ft
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Bedrooms 2
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Room 0
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Bathrooms 2
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Garages 2
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Year Built 2015
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Type Condominium
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Property Status Active, Residential
Additional details
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View Pool Area View, Skyline
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Cooling Central Air, Electric
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Heating Central, Electric
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Tax Year 2025
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Flooring Tile
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Unit Floor 16
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Unit Number 1611
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Building Nine At MBV
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Garage Spaces 2
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Listing Terms Conventional
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Area Nine At Mary Brickell Vil
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Total Stories 34
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Waterfront No
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Association Yes
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Full Bathrooms 2
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Half Bathrooms 0
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Covered Spaces 2
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Style Condo 5+ Stories
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Private Pool No
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Structure Type Condo 5+ Stories, Condo
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Association Fee 1225
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Parking 1 Space, Assigned, Covered, No Motorcycle, No Rv/Boats, No Trucks/Trailers
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Subdivision NINE AT MARY BRICKELL VIL,Nine At MBV
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Annual Tax 8664
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Elementary School Southside
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Year Built Details Resale
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Building Area 1097
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Lot Size (Sq Ft) 0
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Flood Zone AE
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New Construction No
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Attached Yes
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Bedroom Features Entry Level, Other, Primary Bath Shower
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Restrictions Corporate Buyer OK, Exterior Alterations, No Trucks/Rv'S, Ok To Lease
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Middle School Shenandoah
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Construction Concrete Block Construction, Other
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Neighborhood Brickell
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Pets Allowed Yes
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Patio / Porch Open Balcony
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Association Fee Frequency Monthly
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Association Type Condo
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Membership Purchase Required No
Features
- Closet Cabinetry
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Electric Water Heater
- Fire Sprinklers
- First Floor Entry
- Garage Attached
- Has a View
- Has Cooling System
- Has Garage
- Has Heating System
- Home Owners Association
- Lobby
- Microwave
- Open Balcony
- Other
- Pantry
- Property Attached
- Refrigerator
- Self Cleaning Oven
- Split Bedroom
- Walk-In Closet(s)
- Washer
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees