Midblock #551

Listing details

Address

3250 NE 1st Ave 551

Price

$749,500

Status

Active for sale

Bedrooms

2

Bathrooms

2.5

Living area

1,421 sq ft

Year built

2007

Days on market

14

Listing courtesy of One Sotheby's International Realty. MLS@onesothebysrealty.com

Listing information provided by the MLS. Details and availability can change.

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Listing description

Introducing Midtown 551 at the coveted Midblock Miami condo. One of the most exceptional floor plans in Midblock, Midtown 551 has been professionally decorated to entice end-users and investors alike. Unique to Midblock is the ability to rent on a daily basis, making this 2-story residence an appealing income-producing property. This tropical townhome entry is only available to the 15 townhomes located on the 5th floor. Step inside to impressive concrete ceilings with vibrant furnishings and accents. The first floor is an open floor plan with a den/sitting area, half bath, open living space and balcony. Upstairs are 2 bedrooms with automatic blinds, 2 full baths, laundry closet with new LG w/d and additional balcony. Fully furnished with parking and two storage lockers. Fully furnished, including cookware, plates complete bed sheets and lock boxes. Can be AirBnB ready immediately.

How this listing compares

Listed at $527 per square foot. Over the last 12 months, condos in Midblock closed at a median of $504 per square foot (9 sales). 16 other units are for sale, from $469,000 to $955,999. In Edgewater, the median closed price was $637 per square foot and the median time on market was 87 days.

Listing history

• 14 days on market.

Building

Midblock is located at 3250 NE 1st Avenue in Miami. 17 residences are currently for sale and 9 are currently for rent in the strict MLS building scope.

Built 2007 · 11 floors.

For-sale asking range: $469,000–$955,999; median asking $558/sq ft. Rental asking range: $4,000–$8,000; median asking $4.93/sq ft per month.

Over the last 12 months, 9 sales closed at a median $504 per sq ft.

Current MLS records show monthly association fees from $1,075–$2,383/month when reported.

View all current listings in Midblock

Other units for sale in Midblock

• Midblock #515 · $955,999
• Midblock #1104 · $875,000
• Midblock #1006 · $770,000
• Midblock #1117 · $695,000
• Midblock #1113 · $669,750
• Midblock #311 · $640,000
• Midblock #605 · $640,000
• Midblock #1106 · $639,000

Other units for rent in Midblock

No active units for rent are listed today.

Similar listings nearby

Active condos of the same type, within two miles and within 25% of this listing’s asking price.

1. 2000 N Bayshore Dr 909

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   2 bed · 2 bath · 1,068 sq ft

2. 1900 N Bayshore Dr 3514

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3. 1900 N Bayshore Dr 1518

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4. 601 NE 36th St 1704

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5. 601 N Miami Avenue 2107

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6. 2001 Biscayne Blvd 2309

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   2 bed · 2 bath · 1,288 sq ft

7. 121 NE 34 ST 901

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   2 bed · 2 bath · 938 sq ft

8. 1600 NE 1st Ave 2909

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   2 bed · 2 bath · 878 sq ft

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