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Built in 1988 - 57 units - 6 floors

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Building Information

Rio Plaza North

Number of units: 57
Active listings for rent: 53
Active listings for sale: 51
Building inventory for sale: 89%
Number of sales over the last 12 months: 20
Number of sales over the last 6 months: 6
Number of sales over the last 3 months: 1
Avg. time to close over last 12 months: 19 days

Address

501 SW 1 St, Miami, Miami-Dade, FL, 33130

Rio Plaza Condominium
501 SW 1st St (Little Havana)
Miami, FL 33130
(305) 325-4044

Recent Sales

Unit # Size Closing Date Sale Price PPSF
412 755 sq ft May 2024 $250,000 $331
611 603 sq ft Mar 2024 $210,000 $348

Market Information

Building vs Area

Rio Plaza North: $327/sq. ft.
Miami: $642/sq. ft.

Area vs City

Miami $642/sq. ft.
Miami-Dade $694/sq. ft.

Inventory for sale

Miami: 5%
Miami-Dade: 4%

Avg. time to close over last 12 months

Rio Plaza North 19 days
Miami: 86 days
Miami-Dade: 86 days