New construction

Price cut: $20K (7/3)

$550,000

601 NE 1st Avenue #4712, Miami, FL 33132

1beds

411sqft

$4,518/mo

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Condominium

Built in 2024

-- sqft lot

$525,000 Zestimate^®

$1,338/sqft

$796/mo HOA

What's special

Fully furnishedModern finishesPrivate beach club

Perfectly suited for Airbnb investors, this studio unit at Gale Miami Hotel and Residences is a short-term rental dream! Fully furnished and approved for short-term stays, this property offers great income potential through platforms like Airbnb or VRBO. With the option to join the hotel's rental program, you can benefit from professional management while maximizing returns. The unit features modern finishes, breathtaking views of Miami's skyline, and access to five-star amenities, including a pool, spa, gym, and private beach club. Positioned in the heart of Downtown Miami, this is the ultimate investment opportunity! Brand new construction building ! across from the Miami Heat Arena !

42 days

40

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
Laundry: In Unit, Washer Dryer Install Allowed

Features

Built-in Features, Closet Cabinetry, Tub Shower, Bar
Flooring: Tile
Furnished: Yes

Interior area

Total structure area: 411
Total interior livable area: 411 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: Detached, Garage
Garage spaces: 1

Accessibility

Accessibility features: Accessibility Features, Accessible Approach with Ramp

Features

Levels: One
Stories: 1
Pool features: Association
Has spa: Yes
Spa features: In Ground
On waterfront: Yes
Waterfront features: Bayfront, Intracoastal Access

Details

Parcel number: 0141370793320
Zoning: 6412
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Brick, Concrete, Stucco
Roof: Aluminum,Tile

Condition

New Construction
New construction: Yes
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Community

Features: Gated, Property Manager On-Site
Security: Gated Community
Subdivision: Gale Natiivo

HOA

Has HOA: Yes
Amenities included: Basketball Court, Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Management, Pool, Putting Green(s), Recreation Facilities, Restaurant, Sauna, Spa/Hot Tub, Transportation Service
Services included: Common Areas, Cable TV, Electricity, Hot Water, Internet, Pool(s), Recreation Facilities, Trash
HOA fee: $796 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,338/sqft
Annual tax amount: $6,500
Date on market: 7/3/2026
Cumulative days on market: 670 days
Listing terms: Cash,Conventional

Estimated market value

$525,000

$499,000 - $551,000

$3,071/mo

Price history

Date	Event	Price
7/3/2026	Price change	$550,000-3.5%$1,338/sqft
Source: BeachesMLS #B26048498 Report a problem
3/10/2026	Price change	$570,000-3.4%$1,387/sqft
Source: BeachesMLS #R11130419 Report a problem
10/8/2025	Listed for sale	$590,000-0.8%$1,436/sqft
Source: BeachesMLS #RX-11130419 Report a problem
9/29/2025	Listing removed	$595,000$1,448/sqft
Source: BeachesMLS #RX-11022632 Report a problem
6/3/2025	Price change	$595,000-8.5%$1,448/sqft
Source: BeachesMLS #RX-11022632 Report a problem
1/8/2025	Listed for sale	$650,000$1,582/sqft
Source: BeachesMLS #RX-11022632 Report a problem
12/13/2024	Listing removed	$650,000-4.4%$1,582/sqft
Source: BeachesMLS #RX-11022632 Report a problem
9/20/2024	Listed for sale	$679,998$1,654/sqft
Source: BeachesMLS #RX-11022632 Report a problem