601 NE 1st St # 3907, Miami FL 33132, MIAMI, FL, 33132
Active442 days on marketListed May 26, 2025MLS #A11809872
About this home
601 NE 1st St # 3907, Miami FL 33132
Calling all investors and end-users! This fully furnished, move-in-ready unit in a brand-new 2024 building offers stunning bay and city views, plus rare short-term rental approval—perfect for generating strong income or enjoying as a stylish residence. Designed for comfort and flexibility, the unit is turnkey and thoughtfully appointed. Residents enjoy world-class amenities including a resort-style pool, full-service spa, kids’ play area, meeting rooms, and three on-site restaurants. Unbeatable location directly across from the Kaseya Center and just steps from Miami Worldcenter and Bayside Marketplace—experience the best of Miami at your doorstep.
Facts & features
The home at a glance
1
Bedrooms
1
Bathrooms
505
Sqft
2024
Year built
$1,119
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,549 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$4,549/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+10%
$/sqft vs Gale Residences
$1,119 vs $1,103
Days on market
442 vs 66 typical
Where $1,119/sqft sits among the 7 homes for sale in Gale Residences
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Downtown
Get to know Miami. See the full Miami guide →
Downtown — neighborhood snapshot
Population
24,316
Median age
38
Median income
$108,427
Median home value
$557,583
Avg household
2
Households w/ children
1,166
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 7
Gale Residences have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 38% above the MIAMI 33132 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 601 NE 1st St # 3907
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$515,000
159 NE 6th St # 3407, Miami FL 33132 · same community
1 bd · 1 ba · 551 sqft · $935/sqft · 163 DOM
Sold · Nov ’25$510,000
159 NE 6th Street # 3113, Miami FL 33132 · same community
1 bd · 1 ba · 598 sqft · $853/sqft · 26 DOM
Sold · Jul ’26$467,000
1300 S MIAMI AVENUE UNIT 1107
1 bd · 1 ba · 570 sqft · $819/sqft · 0 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 601 NE 1st St # 3907 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 601 NE 1st St # 3907 — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
601 NE 1st St # 3907 FAQs
What would the monthly payment be for 601 NE 1st St # 3907, Miami FL 33132?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,549/mo — principal and interest, the actual property-tax bill, the $1,095/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 601 NE 1st St # 3907, Miami FL 33132?+
The association fee works out to $1,095 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 601 NE 1st St # 3907, Miami FL 33132?+
The most recent tax bill on record (2024) was $399. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 601 NE 1st St # 3907, Miami FL 33132?+
The listing reports pets: Maximum 20 Lbs. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $565,000, this home is listed about 7% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 601 NE 1st St # 3907, Miami FL 33132?+
Frederick R. Douglass Elementary (elementary), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Jose De Diego Middle School (middle), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Five things that matter here
01Positioned at the premium end
$565,000 runs 38% above the MIAMI 33132 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,095/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Time on market is leverage
442 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.
05The price has already moved
Listed at $610,000, now $565,000 — a $45K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of Serhant · Mariana Niro. MLS #A11809872.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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