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  3. Miami, FL
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  5. 501 Sw 1st St
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501 Sw 1st St

501 Sw 1st St, Miami, FL, 33130

YEAR BUILT

1988

# STORIES

6

# TOTAL UNITS

33

UNIT SIZE RANGE

603-791 sqft

Description

501 SW 1st St is a high-rise building in downtown Miami, located at the intersection of NW 1st Ave and NW 8th St. Built in 1988, this six-story structure has a mix of 33 condominium units. The building connects to the exciting neighborhoods of Brickell and Little Havana. Residents enjoy views of the Miami skyline and the nearby Miami River. Units vary in size from 603 to 791 square feet. There are options of one or two bedrooms available, catering to different living needs. Prices for the units range from $255,000 to $270,000. Recent market activity shows an average closing price of $247,000, with the lowest sold price noted at $210,000. The average price per square foot stands at $317. The building offers many amenities to enhance daily living. A community room is available for gatherings, and residents can unwind at the pool. All floors have laundry facilities, which adds convenience. Elevators provide easy access throughout the six stories of the building. Gated access and security cameras ensure a safe living environment. Covered parking is included with one space assigned to each unit. The building has remote access control to enhance security. Low monthly maintenance fees make owning a unit here more manageable. Some units may include special features like hurricane impact windows and floor-to-ceiling windows. Living at 501 SW 1st St places residents near various restaurants, grocery stores, and local schools. Dining options include Jamon Iberico Pata Negra. Xyz Organics Hbb serves grocery needs. The nearby Ocean Safari Diving Adventures offers educational activities. With a total of 95 days on the market on average, this building presents dynamic opportunities for prospective buyers.

Building ImageMLS ID #A11737731
Building ImageMLS ID #A11670473
Building Image
Building ImageView Listing

501 Sw 1st St

501 Sw 1st St, Miami, FL, 33130

YEAR BUILT

1988

# STORIES

6

# TOTAL UNITS

33

UNIT SIZE RANGE

603-791 sqft

Description

501 SW 1st St is a high-rise building in downtown Miami, located at the intersection of NW 1st Ave and NW 8th St. Built in 1988, this six-story structure has a mix of 33 condominium units. The building connects to the exciting neighborhoods of Brickell and Little Havana. Residents enjoy views of the Miami skyline and the nearby Miami River. Units vary in size from 603 to 791 square feet. There are options of one or two bedrooms available, catering to different living needs. Prices for the units range from $255,000 to $270,000. Recent market activity shows an average closing price of $247,000, with the lowest sold price noted at $210,000. The average price per square foot stands at $317. The building offers many amenities to enhance daily living. A community room is available for gatherings, and residents can unwind at the pool. All floors have laundry facilities, which adds convenience. Elevators provide easy access throughout the six stories of the building. Gated access and security cameras ensure a safe living environment. Covered parking is included with one space assigned to each unit. The building has remote access control to enhance security. Low monthly maintenance fees make owning a unit here more manageable. Some units may include special features like hurricane impact windows and floor-to-ceiling windows. Living at 501 SW 1st St places residents near various restaurants, grocery stores, and local schools. Dining options include Jamon Iberico Pata Negra. Xyz Organics Hbb serves grocery needs. The nearby Ocean Safari Diving Adventures offers educational activities. With a total of 95 days on the market on average, this building presents dynamic opportunities for prospective buyers.

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Description

501 SW 1st St is a high-rise building in downtown Miami, located at the intersection of NW 1st Ave and NW 8th St. Built in 1988, this six-story structure has a mix of 33 condominium units. The building connects to the exciting neighborhoods of Brickell and Little Havana. Residents enjoy views of the Miami skyline and the nearby Miami River. Units vary in size from 603 to 791 square feet. There are options of one or two bedrooms available, catering to different living needs. Prices for the units range from $255,000 to $270,000. Recent market activity shows an average closing price of $247,000, with the lowest sold price noted at $210,000. The average price per square foot stands at $317. The building offers many amenities to enhance daily living. A community room is available for gatherings, and residents can unwind at the pool. All floors have laundry facilities, which adds convenience. Elevators provide easy access throughout the six stories of the building. Gated access and security cameras ensure a safe living environment. Covered parking is included with one space assigned to each unit. The building has remote access control to enhance security. Low monthly maintenance fees make owning a unit here more manageable. Some units may include special features like hurricane impact windows and floor-to-ceiling windows. Living at 501 SW 1st St places residents near various restaurants, grocery stores, and local schools. Dining options include Jamon Iberico Pata Negra. Xyz Organics Hbb serves grocery needs. The nearby Ocean Safari Diving Adventures offers educational activities. With a total of 95 days on the market on average, this building presents dynamic opportunities for prospective buyers.

501 Sw 1st St Market Stats Last 12 months

Avg. Listed Price$253,000($326/Sqft.)

Avg. Sale Price$247,000($317/Sqft.)
Year over year list priceDown Arrow2.06%

Year over year sale priceUp Arrow 7.39%
Total Listings3 Listed

Total sold4 Sold
Average Days on Market95 days

Average HOA fees per sqft$3 /monthly
Next

Market Stats

Year over year list priceDown Arrow2.06%

Year over year sale priceUp Arrow7.39%
Total Listings3 Listed

Total sold4 Sold
Average Days on Market95 days

Average HOA fees per sqft$3 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

Medium
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

Low
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

501 Sw 1st St Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 307307789211112025-08-12
MLS#: A11789502
Closed$253,000
Unit 50550575821492025-03-27
MLS#: A11737731
Closed$255,000
Unit 50950979121742024-12-16
MLS#: A11670473
Closed$270,000
Unit 307
307

2 Beds

1 Baths

789 sqft


DateStatusPrice
2025-08-12Closed$253,000
MLS#: A11789502
Days On Market111
Unit 505
505

2 Beds

1 Baths

758 sqft


DateStatusPrice
2025-03-27Closed$255,000
MLS#: A11737731
Days On Market49
Unit 509
509

2 Beds

1 Baths

791 sqft


DateStatusPrice
2024-12-16Closed$270,000
MLS#: A11670473
Days On Market74
View Complete Unit Listing HistorySource By: MIAMI REALTORS

Amenities

Living at Rio Plaza comes with access to several enjoyable amenities that will enhance your lifestyle. There’s a refreshing pool to cool off on hot days, and for those who appreciate community, a lovely community room is available for gatherings and events. If you’ve got a busy schedule, the laundry facilities on-site will help make laundry day a breeze. Plus, with elevators in the building, you won’t need to worry about lugging your groceries upstairs!

Next

Amenities Description

Living at Rio Plaza comes with access to several enjoyable amenities that will enhance your lifestyle. There’s a refreshing pool to cool off on hot days, and for those who appreciate community, a lovely community room is available for gatherings and events. If you’ve got a busy schedule, the laundry facilities on-site will help make laundry day a breeze. Plus, with elevators in the building, you won’t need to worry about lugging your groceries upstairs!

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Check Icon
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
Next

Amenities

Elevator(s)

Elevator(s)

Pool

Pool

Community Room

Community Room

Fire Alarm

Fire Alarm

TV Camera

TV Camera

Laundry

Laundry

Balcony

Balcony

Smoke Detector(s)

Smoke Detector(s)

Policies

For pet owners, Rio Plaza has some policies in place. While certain restrictions apply, a maximum weight of 20 pounds is allowed for your furry friends. This means you can enjoy the company of a small dog or a cuddly cat in your new home—how exciting is that?

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
501 Sw 1st St$317/sqft.$3 /sqft.
546 Sw 1st St$307/sqft.$4 /sqft.
453 Sw 2nd St$336/sqft.$2 /sqft.
102 Sw 6th Ave$316/sqft.$2 /sqft.
498 Sw 2nd St$265/sqft.$3 /sqft.
10 Sw South River Dr$396/sqft.$1 /sqft.

Nearby Schools

Discover top-rated schools located close to 501 Sw 1st St.

Ada Merritt K-8 Center

A+
Public|Grades PK–8
660 SW 3rd St|0.22 miles away

Mater Academy East Charter

A+
Public|Grades KG–5
450 SW 4th St|0.24 miles away

Downtown Miami Charter School

A-
Public|Grades KG–6
305 NW 3rd Ave|0.44 miles away

Law Enforcement Officers Memorial High School

A-
Public|Grades 9–12
300 NW 2nd Ave|0.49 miles away

Lincoln-Marti Charter School Little Havana Campus

A+
Public|Grades KG–8
970 W Flagler St #...|0.49 miles away

Charter High School of the Americas

B
Public|Grades 9–12
970 W Flagler St #...|0.49 miles away
Next

Schools

Ada Merritt K-8 Center

A+
Public|Grades PK–8
660 SW 3rd St|Less than 1 Mile Away

Mater Academy East Charter

A+
Public|Grades KG–5
450 SW 4th St|Less than 1 Mile Away

Downtown Miami Charter School

A-
Public|Grades KG–6
305 NW 3rd Ave|Less than 1 Mile Away

Law Enforcement Officers Memorial High School

A-
Public|Grades 9–12
300 NW 2nd Ave|Less than 1 Mile Away

Lincoln-Marti Charter School Little Havana Campus

A+
Public|Grades KG–8
970 W Flagler St #...|Less than 1 Mile Away

Charter High School of the Americas

B
Public|Grades 9–12
970 W Flagler St #...|Less than 1 Mile Away

Mater Academy East Charter High School

B-
Public|Grades 9–12
998 SW 1st St|Less than 1 Mile Away

Mater East Academy Middle School

--
Public|Grades 6–8
998 SW 1st St|Less than 1 Mile Away

Kla Elementary School

--
Private|Grades PK–3
625 SW 1st Ave|Less than 1 Mile Away

Young Womens Preparatory Academy

A+
Public|Grades 6–12
1150 SW 1st St|Less than 1 Mile Away

Riverside Elementary School

D+
Public|Grades PK–5
1190 SW 2nd St|Less than 1 Mile Away

School for Advanced Studies-Wolfson

A+
Public|Grades 11–12
25 NE 2nd St # 5|Less than 1 Mile Away

New World School of the Arts

A
Public|Grades 9–12
25 NE 2nd St|Less than 1 Mile Away

Alpha Charter of Excellence

D
Public|Grades KG–5
1217 SW 4th St|Less than 1 Mile Away

Mater Preparatory Academy

D+
Public|Grades KG–8
601 NW 12th Ave|Less than 1 Mile Away

Mater Virtual Academy Charter Middle/High School

B+
Public|Grades 6–12
601 NW 12th Ave|Less than 1 Mile Away

Sports Leadership of Miami Charter High School

A-
Public|Grades 9–12
604 NW 12th Ave|Less than 1 Mile Away

Sports Leadership and Management (Slam) Charter Middle School

C
Public|Grades 6–8
604 NW 12th Ave|Less than 1 Mile Away

Frederick R. Douglass Elementary School

D-
Public|Grades PK–5
314 NW 12th St|Less than 1 Mile Away

Booker T. Washington Senior High School

D+
Public|Grades 9–12
1200 NW 6th Ave|1.02 Miles Away

Southside Elementary School

B-
Public|Grades PK–5
45 SW 13th St|1.06 Miles Away

Tamiami United Methodist Elementary School

--
Private|Grades PK–8
726 SW 14th Ave|1.13 Miles Away

Saints Peter & Paul School

--
Private|Grades PK–8
1435 SW 12th Ave|1.21 Miles Away

Tiniciti Preschool

--
Private|Grades PK–KG
2500 SW 3rd Ave|1.32 Miles Away

English Spanish International

--
Private|Grades 12–12
1701 W Flagler St ...|1.37 Miles Away

Theodore R. and Thelma A. Gibson Charter School

C-
Public|Grades KG–6
1682 NW 4th Ave|1.41 Miles Away

Chapman Partnership Early Childhood Center N

--
Public|Grades PK–PK
1550 N Miami Ave|1.43 Miles Away

The Gordon School of Beth David Congregation

--
Private|Grades PK–5
2625 SW 3rd Ave|1.45 Miles Away

United Cerebral Palsy Transitional Learning

--
Private|Grades UG–UG
1411 NW 14th Ave|1.56 Miles Away

Early Beginnings Academy

--
Public|Grades PK–5
1411 NW 14th Ave|1.56 Miles Away

Miami-Dade Online Academy- Virtual Instruction Program

A-
Public|Grades KG–12
1501 NE 2nd Ave St...|1.58 Miles Away

Easter Seals Academy

--
Private|Grades PK–12
1475 NW 14th Ave|1.61 Miles Away

I Preparatory Academy

A+
Public|Grades PK–12
1500 Biscayne Blvd...|1.61 Miles Away

District Instructional Center (Dic)

--
Public|Grades KG–12
1500 Biscayne Blvd|1.61 Miles Away

Phyllis Wheatley Elementary School

C
Public|Grades PK–5
1801 NW 1st Pl|1.63 Miles Away

Secondary Student Success Center 802

--
Public|Grades 6–12
750 NW 20th St|1.72 Miles Away

Coral Way K-8 Center

A-
Public|Grades PK–5
1950 SW 13th Ave|1.72 Miles Away

Lindsey Hopkins Technical College

--
Public|Grades 9–12
750 NW 20th St|1.72 Miles Away

Paul Laurence Dunbar K-8 Center

C
Public|Grades PK–5
505 NW 20th St|1.76 Miles Away

Carpe Diem Academia Little Havana

--
Private|Grades PK–12
2095 SW 1st St|1.77 Miles Away

A G Day Care Learning Center

--
Private|Grades PK–1
2123 W Flagler St|1.84 Miles Away

Citrus Grove Middle School

D
Public|Grades 6–8
2153 NW 3rd St|1.88 Miles Away

Shenandoah Elementary School

B+
Public|Grades PK–5
1023 SW 21st Ave|1.88 Miles Away

Bridgeprep Academy of Greater Miami

C-
Public|Grades KG–5
137 NE 19th St|1.89 Miles Away

Citrus Grove Elementary School

C-
Public|Grades PK–5
2121 NW 5th St|1.90 Miles Away

Miami Children's Museum Charter School

A+
Public|Grades KG–5
980 MacArthur Cswy|2.07 Miles Away

Miami Arts Charter

A-
Public|Grades 6–12
95 NW 23rd St|2.10 Miles Away

Shenandoah Middle School

C+
Public|Grades 6–8
1950 SW 19th St|2.19 Miles Away

Transit

Experience convenience and connectivity with premium transit options just moments away.

CBD TERMINAL @ SW 1 AV OP FEDERAL B

0.51 miles away|10 min walk

BRICKELL STATION (WEST SIDE)

0.82 miles away|16 min walk

BRICKELL STATION (EAST SIDE)

0.85 miles away|17 min walk

BRICKELL STATION RAIL SOUTHBOUND

0.87 miles away|17 min walk

BRICKELL STATION RAIL NORTHBOUND

0.88 miles away|17 min walk

BRICKELL CITY CENTRE METROMOVER STATION

0.9 miles away|18 min walk
Next

Transit

CBD TERMINAL @ SW 1 AV OP FEDERAL B

0.51 miles away|10 min walk

BRICKELL STATION (WEST SIDE)

0.82 miles away|16 min walk

BRICKELL STATION (EAST SIDE)

0.85 miles away|17 min walk

BRICKELL STATION RAIL SOUTHBOUND

0.87 miles away|17 min walk

BRICKELL STATION RAIL NORTHBOUND

0.88 miles away|17 min walk

BRICKELL CITY CENTRE METROMOVER STATION

0.9 miles away|18 min walk

BRICKELL METROMOVER STATION

0.96 miles away|19 min walk

Brickell Avenue/Southeast 6th Street

0.96 miles away|19 min walk

BRICKELL AV & SE 6 ST

0.96 miles away|19 min walk

COLLEGE / BAYSIDE METROMOVER STATION

1 miles away|20 min walk

Brickell Avenue/Southeast 8th Street

1 miles away|20 min walk

BRICKELL AV & SE 8 ST

1.01 miles away|20 min walk

Brickell Avenue/Southeast 10th Street

1.07 miles away|21 min walk

BISCAYNE BD & NE 3 ST

1.09 miles away|21 min walk

BISCAYNE BD & NE 5 ST

1.1 miles away|22 min walk

BAYFRONT PARK METROMOVER STATION

1.11 miles away|22 min walk

BISCAYNE BD@E FLAGLER ST

1.11 miles away|22 min walk

BISCAYNE BD & NE 6 ST

1.12 miles away|22 min walk

BISCAYNE BLVD @ E FLAGLER ST

1.13 miles away|22 min walk

BISCAYNE BD & NE 2 ST

1.13 miles away|22 min walk

BISCAYNE BD @ NE 4 ST

1.14 miles away|22 min walk

BISCAYNE BD @ NE 6 ST

1.15 miles away|23 min walk

BRICKELL AV & SE 13 ST

1.18 miles away|23 min walk

BISCAYNE BD & NE 9 ST

1.21 miles away|24 min walk

BRICKELL AV & SE 14 TE

1.28 miles away|25 min walk

BISCAYNE BD & NE 11 ST

1.3 miles away|25 min walk

BISCAYNE BLVD @ NE 11 ST

1.33 miles away|26 min walk

BRICKELL AV & SE 15 RD

1.34 miles away|26 min walk

BRICKELL AV & # 1770

1.4 miles away|27 min walk

BRICKELL AV & # 1809

1.42 miles away|28 min walk

BRICKELL AV & # 1990

1.48 miles away|29 min walk

BISCAYNE BLVD @ NE 13 ST

1.49 miles away|29 min walk

BISCAYNE BD & NE 14 ST

1.55 miles away|30 min walk

BRICKELL AV & # 2127

1.56 miles away|30 min walk

BRICKELL AV & # 2450

1.59 miles away|31 min walk

BRICKELL AV & # 2451

1.62 miles away|32 min walk

BISCAYNE BLVD & NE 15 ST

1.62 miles away|32 min walk

BRICKELL AV & SE 25 RD

1.65 miles away|32 min walk

BISCAYNE BD @ NE 15 ST

1.65 miles away|32 min walk

ADRIENNE ARSHT CENTER METROMOVER STATION

1.66 miles away|32 min walk

BISCAYNE BD & NE 19 ST

1.89 miles away|37 min walk

BISCAYNE BD @ NE 18 ST

1.9 miles away|37 min walk

BEACOM BD @ SW 1 ST

1.98 miles away|39 min walk

BISCAYNE BD & NE 20 ST

2.03 miles away|39 min walk

BEACOM BD @ SW 2 ST

2.04 miles away|40 min walk

BEACOM BD @ SW 2 TE

2.11 miles away|41 min walk

BISCAYNE BD @ NE 21 ST

2.13 miles away|41 min walk

BISCAYNE BD & NE 22 ST

2.16 miles away|42 min walk

BEACOM BD @ SW 4 ST

2.19 miles away|42 min walk

ATLANTIC WAY

2.21 miles away|43 min walk

The Neighbourhood: 501 Sw 1st St

Little Havana, a vibrant slice of Cuban heritage in Miami-Dade County, FL, is renowned for its lively atmosphere and cultural richness. Visitors and residents alike enjoy the bustling streets full of Latin music, colorful murals, and the aroma of authentic Cuban cuisine. Calle Ocho is the heart of the area, offering an array of shops, restaurants, and cultural landmarks like the iconic Tower Theater. Little Havana's community events, such as Viernes Culturales, celebrate the arts and local history. Public transportation and major highways provide easy access to this culturally rich neighborhood.

Next

Neighbourhood Description

Little Havana, a vibrant slice of Cuban heritage in Miami-Dade County, FL, is renowned for its lively atmosphere and cultural richness. Visitors and residents alike enjoy the bustling streets full of Latin music, colorful murals, and the aroma of authentic Cuban cuisine. Calle Ocho is the heart of the area, offering an array of shops, restaurants, and cultural landmarks like the iconic Tower Theater. Little Havana's community events, such as Viernes Culturales, celebrate the arts and local history. Public transportation and major highways provide easy access to this culturally rich neighborhood.

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501 Sw 1st St Demographics

Age Demographics

0–14 Years

10.07%

15–29 Years

22.11%

30–44 Years

30.1%

45–59 Years

19.94%

60+ Years

17.78%

Commute

11.68%

Transit

12.56%

Walk

59.87%

Drive

1.04%

Bike

Housing Ownership

15.34%

Owner Occupied

84.66%

Rental Units

Household Types

Single Family
18.39%
Multi Family
1.96%
Single Person
44.95%
Multi Person
55.05%

Average Income

Household:$5,391,219.03 /yr

Individual:$3,127,570.83 /yr

Education

Bachelors Degree24.41%
High School College20.55%
Diploma6.93%
Post Graduate20.58%
Others27.53%
Next

Education

Diploma6.93%
Post Graduate20.58%
Others27.53%
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    501 Sw 1st St
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300 Galleria Pkwy SE, Suite 1500,
Atlanta, GA 30339
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Julie's Realty, LLC

Yuliya "Julie" Sidorevskaya

1700 79th Street CSWY STE#160,

North Bay VIllage, FL, 33141

PhoneICon305-340-1857
EmailIConJulie@JuliesRealty.net
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