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Built in 2018 - 513 units - 37 floors

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Building Information

Canvas

Number of units: 513
Active listings for rent: 25
Active listings for sale: 36
Building inventory for sale: 7%
Number of sales over the last 12 months: 35
Number of sales over the last 6 months: 9
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 127 days

Address

1600 NE 1 Ave, Miami, Miami-Dade, FL, 33132

Link: https://canvascondos.com/

Recent Sales

Unit # Size Closing Date Sale Price PPSF
2520 1,009 sq ft Oct 2024 $580,000 $575
PH07 880 sq ft Sep 2024 $630,000 $716
3714 857 sq ft Sep 2024 $475,000 $554
1810 1,055 sq ft Sep 2024 $600,000 $569
3715 850 sq ft Aug 2024 $465,000 $547

Market Information

Building vs Area

Canvas: $538/sq. ft.
Miami: $895/sq. ft.

Area vs City

Miami $895/sq. ft.
Miami-Dade $688/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 5%

Avg. time to close over last 12 months

Canvas 127 days
Miami: 91 days
Miami-Dade: 90 days