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$640,000

999 1st Ave #1611, Miami, FL 33130

Bedrooms
2
Baths
2
Living area
1,097 ft²
Price per ft²
$583 / ft²
Type
Condo
Year built
2015
HOA
$1,225 / mo HOA
On market
179 days on market
MLS #
A12005509

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.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $583. The median for recorded sales in the same ZIP codes is $607/ft² — putting it 4% below the median.
  • Position in the area’s price distributionThe asking price is $640,000; the median of recorded sales in the area is $620,000 (1,112 sales). On raw price that is 3% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,225 per month comes to $14,700 a year — 2.3% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$192,000
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,102
Loan amount
$448,000
Total interest over the term
$668,670
Total repaid
$1,116,670

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Florida Realty of Miami Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 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.

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