Great investment opportunity in the heart of Downtown Miami! This 1-bedroom, 1-bath condo in the historic, protected Flagler First building is rented at $2,200/month through July 2026, making it perfect for investors. A true gem, ideally located steps from Bayside Marketplace, Whole Foods, Kaseya Center, Julia & Henry's Food Hall, and Miami Dade College, with easy access to the Metrorail. Downtown Miami is growing and transforming, making this unit a solid asset poised to appreciate as the neighborhood modernizes. Nearby parking options add convenience for residents and visitors. Don’t miss this rare opportunity in a prime location!
Under contract
$232,000
111 E Flagler St APT 507, Miami, FL 33131
1beds
623sqft
Condominium
Built in 1951
-- sqft lot
$218,600 Zestimate®
$372/sqft
$686/mo HOA
What's special
- 244 days |
- 54 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jose Izquierdo 646-327-1416,
Grand Lion Real Estate Group LLC
Source: MIAMI,MLS#: A11916979
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- Interior Hall, Lobby, Closet Cabinetry, Kitchen Island, Elevator
- Flooring: Ceramic Tile
- Doors: High Impact Doors
- Windows: Clear Impact Glass, High Impact Windows, Impact Glass
Interior area
- Total structure area: 623
- Total interior livable area: 623 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Entry location: First Floor Entry
- Has view: Yes
- View description: Other
Details
- Parcel number: 0141370570550
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1951
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector, Card Entry, Intercom In Lobby, Lobby Secured
- Application fee: $150
- Pet fee: $0
- Subdivision: Flagler First Condo
HOA
- Has HOA: Yes
- Amenities included: Billiard Room, Fitness Center, Trash
- HOA fee: $686 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $372/sqft
- Tax assessed value: $210,840
- Annual tax amount: $3,871
- Date on market: 11/19/2025
- Listing terms: Cash
- Ownership: Corporation
Estimated market value
$218,600
$208,000 - $230,000
$2,344/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2026 | Pending sale | $232,000$372/sqft |
Source:  MIAMI #A11916979 Report a problem | ||
| 3/5/2026 | Listed for sale | $232,000$372/sqft |
Source: MIAMI #A11916979 Report a problem | ||
| 1/25/2026 | Pending sale | $232,000$372/sqft |
Source: MIAMI #A11916979 Report a problem | ||
| 12/18/2025 | Price change | $232,000-7.9%$372/sqft |
Source: MIAMI #A11916979 Report a problem | ||
| 11/19/2025 | Listed for sale | $252,000+26%$404/sqft |
Source: MIAMI #A11916979 Report a problem | ||
| 7/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/15/2024 | Listed for rent | $2,200$4/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/30/2023 | Listing removed | -- |
Source: MIAMI #A11389060 Report a problem | ||
| 5/18/2023 | Listed for rent | $2,200+46.7%$4/sqft |
Source: MIAMI #A11389060 Report a problem | ||
| 12/20/2021 | Sold | $200,000$321/sqft |
Source: MIAMI #A11065097 Report a problem | ||
| 11/24/2021 | Pending sale | $200,000$321/sqft |
Source: MIAMI #A11065097 Report a problem | ||
| 7/1/2021 | Listed for sale | $200,000+25%$321/sqft |
Source: MIAMI #A11065097 Report a problem | ||
| 11/6/2017 | Sold | $160,000$257/sqft |
Source: Public Record Report a problem | ||
| 8/9/2017 | Pending sale | $160,000$257/sqft |
Source: Fortune International Realty Brickell Inc #A2086297 Report a problem | ||
| 8/9/2017 | Listed for sale | $160,000-27.3%$257/sqft |
Source: Fortune International Realty Brickell Inc #A2086297 Report a problem | ||
| 8/26/2016 | Listing removed | $1,500+7.1%$2/sqft |
Source: Fortune International Realty Brickell Inc #A10111740 Report a problem | ||
| 7/29/2015 | Listing removed | $1,400$2/sqft |
Source: Fortune International Realty Brickell Inc #A2139833 Report a problem | ||
| 7/22/2015 | Listed for rent | $1,400$2/sqft |
Source: Fortune International Realty Brickell Inc #A2139833 Report a problem | ||
| 5/20/2015 | Listing removed | $220,000$353/sqft |
Source: Fortune International Realty Brickell Inc #A2086297 Report a problem | ||
| 4/30/2015 | Listed for sale | $220,000+107.3%$353/sqft |
Source: Fortune International Realty Brickell Inc #A2086297 Report a problem | ||
| 8/20/2014 | Listing removed | $1,400$2/sqft |
Source: Fortune International Realty Brickell Inc #A1981444 Report a problem | ||
| 7/24/2014 | Listed for rent | $1,400$2/sqft |
Source: Fortune International Realty #A1981444 Report a problem | ||
| 11/1/2012 | Listing removed | $106,118$170/sqft |
Source: Fortune International Realty #A1549038 Report a problem | ||
| 10/6/2012 | Listed for sale | $106,118$170/sqft |
Source: Fortune International Realty #A1549038 Report a problem | ||
| 8/29/2012 | Sold | $106,118+0.1%$170/sqft |
Source: Agent Provided Report a problem | ||
| 6/30/2012 | Listing removed | $1,400$2/sqft |
Source: Fortune International Realty #A1642364 Report a problem | ||
| 5/24/2012 | Listed for rent | $1,400$2/sqft |
Source: Fortune International Realty #A1642364 Report a problem | ||
| 5/21/2012 | Sold | $106,000$170/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,871 +5.8% | $179,911 +10% |
| 2024 | $3,659 +10.7% | $163,556 +10% |
| 2023 | $3,307 +16% | $148,688 +10% |
| 2022 | $2,850 +11.7% | $135,171 +15% |
| 2021 | $2,552 -7.7% | $117,540 -7.2% |
| 2020 | $2,764 +10.1% | $126,610 +10% |
| 2019 | $2,511 -3.2% | $115,100 -5% |
| 2018 | $2,594 | $121,158 +6% |
| 2017 | $2,594 +4.8% | $114,300 +1.4% |
| 2016 | $2,475 +2.4% | $112,695 +10% |
| 2015 | $2,416 +3.9% | $102,450 +10% |
| 2014 | $2,325 +50% | $93,137 +10% |
| 2013 | $1,550 | $84,670 +26% |
| 2012 | $1,550 -0.7% | $67,200 |
| 2011 | $1,561 -43.6% | $67,200 -40% |
| 2010 | $2,767 +5.2% | $112,000 |
| 2009 | $2,631 | $112,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2.3 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 1.1 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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