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Nine-Unit Condominium Portfolio
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Pending

151 SE 1st St, Miami, FL 33131

Condominium residences offer balconies, in-unit laundry, stainless-steel appliances, and centralized air conditioning and heat.

Property SizeContact for details
Days on Market148

Property Features for 151 SE 1st St

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 3 x 2BR/2BA, 3 x 1BR/1BA, 3 x 0BR/1BA
Multifamily Units 9

Amenities

rooftop pool
fully equipped gym
two full penthouse floors of recreational area
sauna & steam room
concierge
valet parking services
restaurant options on the ground floor
washer & dryer
microwave
dishwasher
balcony
centralized a/c & heat
Listing Agency: Urban Core
Listed By: Linn Ahsberg · License #FL SL3360930
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 3:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Urban Core

Investment Insights

Based on property information with market context.

This multifamily offering includes nine residential units at Centro Condominium, with residences ranging from 533 to 977 square feet. The unit mix includes studio, one-bedroom, and two-bedroom layouts, with several residences featuring 10-foot floor-to-ceiling windows, balconies, Italian cabinetry, stainless-steel appliances, microwaves, dishwashers, and washer-dryer appliances. Centralized air conditioning and heat serve each unit, and the residences are generally positioned on higher floors.

Centro provides a rooftop pool, fully equipped gym, sauna, steam room, two penthouse-level recreational floors, concierge service, valet parking, and restaurant options on the ground floor. The building permits minimum 31-day rentals. The property is located at 151 SE 1st St in Miami, with Whole Foods, FTX Arena, Silverspot Cinema, Flagler Street, and Julia & Henrys described as blocks away.

The listed unit mix comprises three 2-bedroom/2-bath units, three 1-bedroom/1-bath units, and three studio/1-bath units, with individual sizes from 533 to 977 square feet.

Key Highlights

  • Nine residential units at Centro Condominium
  • Unit sizes range from 533 to 977 square feet
  • Unit mix includes three 2‑bedroom/2‑bath, three 1‑bedroom/1‑bath, and three studio/1‑bath residences

Property Analytics

Current Use

eCommerce Cosmos Marketing & Advertising Hatchtechs (Bike/Boat/Book/etc) Store Miami Jungle Garden Center Parking Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Pet Grooming Service Butcher Veterinary Clinic Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

13,542
Businesses Nearby

Demographics for 33131, FL

26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Condominium residences offer balconies, in-unit laundry, stainless-steel appliances, and centralized air conditioning and heat.
Where is this multifamily property located?
The property is located at 151 SE 1st St Miami, FL.
What are key features of this property?
This property features: Nine residential units at Centro Condominium; Unit sizes range from 533 to 977 square feet; Unit mix includes three 2‑bedroom/2‑bath, three 1‑bedroom/1‑bath, and three studio/1‑bath residences
(786) 815-5032 Call to check price and availability
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