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    601 NE 1St St Miami, FL 33132

    For Sale
    $899,000

    High Rise, Hotel Motel - Miami, FL

    Type:Hotel-Motel
    Property size:
    639 SF
    Days on Market:
    69
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 601 NE 1St St

    General Information

    Property type
    Residential
    Property subtype
    Hotel-Motel
    Property condition
    New Construction
    Standard status
    Active
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    1
    APN
    01-41-37-080-0590
    Parking features
    Valet
    Interior features
    Bedroom On Main Level, First Floor Entry
    Exterior features
    Balcony
    Appliances
    Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
    Size
    639 SF

    Taxes and HOA fees

    Expense value
    1275
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Monthly

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    2024
    Floors in Building
    51
    Flooring type
    Laminate, Tile
    Building materials
    Block
    Architectural style
    High Rise

    One Sothebys International Realty (305) 779-2430 [email protected]

    Listing agent Sebastian Acosta (305) 779-2430 License #3105252

    Listing date Oct 6, 2025

    MLS# A11772542 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami High-Rise Condo with Bay Views

    This is a brand new, fully furnished 2-bedroom unit featuring a wraparound balcony with views. The residence includes an equipped kitchen and TVs in every room. The building permits daily short-term rentals, presenting an investment opportunity. Residents have access to amenities such as a swimming pool with a bar overlooking Biscayne Bay, a steak restaurant, a speakeasy bar, a Hamman, a spa/sauna, steam treatment rooms, a business center, a party room, and a gym with bay views. Concierge services and valet parking are available 24 hours a day. The property is located one block from WorldCenter, providing access to shopping, dining, and entertainment options. The surrounding area offers a vibrant lifestyle with shopping, restaurants, gyms, cafes, and an Apple Store. The property is located in Miami, Florida.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miami-Dade County Inspector ... Government Office

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.205024
    Latitude
    25.775079

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    FAQs

    What type of property is this?
    Hotel - Furnished 2-bedroom condo with short-term rental potential near WorldCenter.
    Where is this hotel located?
    The property is located at 601 NE 1St St Miami, FL.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Spectacular views of the iconic Bridge from a wraparound balcony.; - Fully furnished, brand new 2-bedroom unit with equipped kitchen and TVs in every room.; - Amenities include a swimming pool with bar overlooking Biscayne Bay, steak restaurant, speakeasy, spa, gym with bay views, and more.
    (305) 779-2430
    Request Owner's contact information
    601 NE 1St St Miami, FL 33132
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    Miami, FL 33132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    601 NE 1St St Miami, FL 33132
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