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111 E Flagler St 507Miami, FL 33131

For Sale

$232,000

Smart Buyer Rebate - Ask

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!

Listed by Jose Izquierdo

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License #3382252

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Grand Lion Real Estate Group LLC

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646-327-1416

Last updated March 05, 2026

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Source: MIAMIRE #A11916979

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Jewelry District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu118
  • HOA/Maint. Fees$686/month
  • Taxes$3,871/year
  • Size623 sqft
  • Price per sqft$372

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Elevator

Location

Mortgage Calculator

Listing History

03/05/2026
Status changed to Active
$232,000
01/25/2026
Status changed to Pending
$232,000
12/18/2025
Price Decreased
$232,000
11/19/2025
Listed by Grand Lion Real Estate Group LLC
$252,000

Property Details for 111 E Flagler St 507

Association

Amenities

  • Association Amenities: Billiard Room, Exercise Room, Trash Chute
  • Pets Allowed: No, Yes

Fees

  • Association Fee: $686.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Elevator, Insurance, Legal/Accounting, Manager, Master Antenna, Outside Maintenance, Reserve Fund, Roof Repairs, Security, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 15
  • Structure Type: Condo 5+ Stories, Condo
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass
  • Year Built: 1951
  • Year Built Details: Resale
  • Architectural Style: High Rise
  • Building Name: FLAGLER FIRST CONDO
  • Construction Materials: Concrete Block Construction
  • Entry Level: 5

Features

  • View: Other View

Measurements

  • Building Area Total: 623
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-37-057-0550
  • Tax Annual Amount: $3,871.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor
  • Interior Features: Interior Hall, Lobby, First Floor Entry, Closet Cabinetry, Cooking Island, Elevator

Measurements

  • Living Area: 623
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: FLAGLER FIRST CONDO

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes
  • Other Equipment: Elevator

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 111 E Flagler St 507.

Are pets allowed at 111 E Flagler St?

Yes, 111 E Flagler St allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 111 E Flagler St 507?

Annual taxes for this condo are estimated at $3,871.

How does 111 E Flagler St 507 compare to other condos in Miami Jewelry District?

This condo is listed 46% below the average price for condos in Miami Jewelry District and has been on the market for 37 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the FLAGLER FIRST CONDO building.

What is the square footage on this condo?

According to the MLS, this listing is 623 sqft.

111 E Flagler St 507 is a 1-bedroom, 1-bath condo for sale in Miami FL 33131. Available on Prevu for 118 days at $232,000. This includes a recent price decrease of $20,000. This property features 623 square feet of living space, located in Miami Jewelry District. The median listing price for condos in this area is $342,000. The home offers dishwasher, pets allowed, elevator, and washer/dryer. View other condo listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.