$255,000
SOLD MAR 27, 2025

501 SW 1st St, Unit 505 Miami, FL 33130

Riverside Neighborhood
2 Beds
1 Bath
758 Sq Ft
$346/mo HOA Fee

Recently Sold

$336 Per Sq Ft

5% Below List Price

49 Days on Market

Highlights

  • Skyline View
  • Central Heating and Cooling System
  • Laundry Facilities
  • Balcony
  • 1 Car Garage
  • Vinyl Flooring

About This Home

As of March 2025

CHARMING 2 BEDROOMS, 1 BATHROOM CONDO FOR SALE IN THE HEART OF MIAMI'S VIBRANT RIVERSIDE NEIGHBORHOOD. THIS 758 SQ FT RESIDENCE ON THE FIFTH FLOOR OFFERS A BLEND OF COMFORT AND CONVENIENCE. THIS OPEN FLOOR PLAN MAXIMIZES SPACE, CREATING A WELCOMING ATMOSPHERE FOR BOTH, RELAXATION AND ENTERTAINMENT. LAUNDRY IS LOCATED OUTSIDE RIGHT NEXT TO THE UNIT. PRIME LOCATION, SITUATED JUST MINUTES FROM DOWNTOWN MIAMI, BRICKELL AND THE HISTORIC LITTLE HAVANA. SECURED BUILDING ACCESS AND 1 DESIGNATED PARKING SPACE. GREAT STARTER HOME. COME, SEE IT, FALL IN LOVE AND MAKE AN OFFER.

Last Agent to Sell the Property

Elizabeth Morales

The Keyes Company License #3320537

The Keyes Company

Last Buyer's Agent

Frank DeValdivielso

The Keyes Company License #3121143

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,276

Year Built

  • Built in 1988

HOA Fees

  • $346 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 758 Sq Ft Home
  • Vinyl Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-067-0240

Community Details

Overview

  • Mid-Rise Condominium
  • Rio Condominium North Condos
  • Rioplaza Condominium North Subdivision
  • 6-Story Property

Amenities

  • Trash Chute
  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Phone Entry
  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,276

Year Built

Built in 1988

Lot Details

0

HOA Fees

$346 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: RIOPLAZA CONDOMINIUM NORTH
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 758
  • Possible Use: Primary
  • Stories: 6
  • Bedroom Features: None

Exterior Features

  • View: Skyline
  • Exterior Features: None, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIO CONDOMINIUM NORTH
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, Elevator Secure, Phone Entry

Condo/Co-op/Association

  • Association Fee: 346
  • Amenities: Elevator(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-067-0240
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4276

Map

About This Building

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 Sold $255,000 -5.2% $336 / Sq Ft
02/06/2025 02/06/25 For Sale $269,000 -- $355 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $124 $213,440 -- --
2023 $124 $41,652 $0 $0
2022 $113 $40,439 $0 $0
2021 $111 $39,262 $0 $0
2020 $108 $38,720 $0 $0
2019 $102 $37,850 $0 $0
2018 $254 $37,145 $0 $0
2017 $241 $36,381 $0 $0
2016 $232 $35,633 $0 $0
2015 $231 $35,386 $0 $0
2014 $229 $35,106 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Quit Claim Deed $3,800 None Available
Warranty Deed $54,000 --
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11737731

MIAMI REALTORS® MLS

APN: 01-4138-067-0240

Florida Miami/Dade County Miami 33130 Riverside

501 SW 1st St Unit 505, Miami, FL

Homes for Sale in Miami, FL

This home is located at 501 SW 1st St Unit 505, Miami, FL 33130 and is currently priced at $255,000, approximately $336 per square foot. This property was built in 1988. 501 SW 1st St Unit 505 is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.