$232,000
111 E Flagler Street 507
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- Asking price
- $232,000
- Price per sq ft
- $372
- Original price
- $252,000
- Days on market
- 204
This 1-bedroom condo in Flagler First Condo went under contract with an asking price of $232,000, or $372 per square foot. The asking price has come down 7.9% from its original $252,000. It spent 204 days on the market before going under contract.
Estimated monthly payment
$1,219 /mo
Principal and interest only, based on $46,400 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $686/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $232,000
- Days on Site
- 204 Days
- Bedrooms
- 1
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 623 sqft
- Total Sq Ft
- 623 sqft
- Year Built
- 1951
- Property Type
- Condo
- MLS #
- A11916979
- Property Tax
- $3,871 (2025)
- HOA Fees
- $686 / Monthly
- Subdivision
- FLAGLER FIRST CONDO
- County
- Miami Dade
- Status
- Under Contract
- Special Conditions
- Listed As Is
About This Property
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!
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Under Contract
- Year Built
- 1951
- Property Condition
- Resale
- Number of Stories
- 15
- Garage Spaces
- 0
- Living Sq Ft
- 623
- Total Sq Ft
- 623
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Trash Compactor / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Closet Cabinetry / Elevator / Kitchen Island
Exterior Features
- Construction
- Block
- View
- Other
Community & HOA
- HOA Fee
- $686 / Monthly
- HOA Includes
- Insurance / Legal Accounting / Maintenance Grounds / Maintenance Structure / Reserve Fund / Roof / Security / Trash / Water
- Association Amenities
- Billiard Room / Fitness Center / Maintenance Grounds / Management / Trash / Elevators
- Community Features
- Home Owners Association
- Security
- Security System / Fire Alarm / Key Card Entry / Phone Entry / Smoke Detectors
- Pets Allowed
- No / No Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash
- Restrictions
- Other Restrictions
- MLS Area
- 2410
This home's HOA fee works out to $686 a month, 5% above the $655 median across 7 homes for sale in Flagler First Condo. See Flagler First Condo HOA fees
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
- Homes for Sale
- 8
- Median List Price
- $245,000
- Median $/Sq Ft
- $402
- Avg Days on Market
- 134
Frequently Asked Questions
- How do I schedule a tour of 111 E Flagler Street 507, Miami, FL 33131?
- Use the Tour button on this listing to request a showing of 111 E Flagler Street 507, Miami, FL 33131. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 111 E Flagler Street 507, Miami, FL 33131 still available?
- 111 E Flagler Street 507, Miami, FL 33131 is currently listed as Under Contract, and has been on the market 204 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 111 E Flagler Street 507, Miami, FL 33131?
- With 20% down ($46,400) on the $232,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 111 E Flagler Street 507, Miami, FL 33131 is about $1,219/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 111 E Flagler Street 507, Miami, FL 33131?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 111 E Flagler Street 507, Miami, FL 33131. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 111 E Flagler Street 507, Miami, FL 33131 have an HOA fee?
- Yes: 111 E Flagler Street 507, Miami, FL 33131 carries an HOA fee of about $686 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 111 E Flagler Street 507, Miami, FL 33131?
- 111 E Flagler Street 507, Miami, FL 33131 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 111 E Flagler Street 507, Miami, FL 33131?
- Often, yes. The right offer on 111 E Flagler Street 507, Miami, FL 33131 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Grand Lion Real Estate Group LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$232,000
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Listed by Jose Izquierdo, Grand Lion Real Estate Group LLC
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Recent Sales
Recently sold homes in Flagler First Condo
These are the last 2 recorded closings in Flagler First Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $382 per square foot. The most recent closed on June 22, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$210,000
Sold · June 22, 2026
111 E Flagler 702 702
1 bed · 1 bath · 603 sqft · $348/sqft
$40,000 under the asking price
Sold$227,000
Sold · February 13, 2026
111 E Flagler Street 803
1 bed · 1 bath · 594 sqft · $382/sqft
$1,000 under the asking price
See every recorded sale in Flagler First Condo or find out what your Flagler First Condo home is worth.
