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  1. Home/
  2. Miami, FL/
  3. Rio Plaza

Rio Plaza

501 Sw 1st St, Miami, FL, 33130

Units for Sale

Front view of a multi-story blue apartment building with balconies.View Listing
MLS ID #A11737731
Front view of a multi-story blue apartment building with balconies.View ListingMLS ID #A11737731
Front view of a multi-story building with a colorful facade and balconies.View ListingMLS ID #A11670473
View of multiple residential buildings in an urban area.View ListingMLS ID #A11737731
Street view with tall buildings and palm trees in an urban area.View ListingMLS ID #A11737731
YearBuilt

Year Built

1988

Stories

# Stories

6

#TotalUnits

# Total Units

31
UnitSizeRange

Unit Size Range

603-791 sqft

UnitDemand

Unit Demand

Stories

Low

UnitAvailability

Unit Availability

Stories

Medium


Building Description

Rio Plaza is a six-story condominium complex constructed in 1988, offering both 1-bedroom and 2-bedroom units. The building features essential amenities aimed at enhancing resident comfort and convenience. Notable facilities include elevators, a swimming pool, on-site laundry services, and a community room for gatherings and events. The units within Rio Plaza are designed to provide urban living with practical layouts. Unit prices range from $255,000 to $270,000, making it an attractive option for those seeking affordable modern apartments in the area. The building's location contributes to its appeal, with proximity to various urban amenities. Residents have access to local shopping, dining, and entertainment options, providing a vibrant lifestyle. The surrounding environment is characterized by a blend of residential and commercial spaces, offering a dynamic community atmosphere. Rio Plaza combines essential amenities with a strategic location, making it suitable for those looking for comfortable and convenient living in a condominium setting. The straightforward design and available features cater to a diverse range of residents, ensuring practicality in everyday life.

Front view of a multi-story blue apartment building with balconies.View Listing
MLS ID #A11737731
Front view of a multi-story blue apartment building with balconies.View ListingMLS ID #A11737731
Front view of a multi-story building with a colorful facade and balconies.View ListingMLS ID #A11670473
View of multiple residential buildings in an urban area.View ListingMLS ID #A11737731
Street view with tall buildings and palm trees in an urban area.View ListingMLS ID #A11737731

Amenities

ParkingParking
LockerLocker
ConciergeConcierge
ElevatorElevatorCheck Icon
Central ACCentral AC
PoolPoolCheck Icon
Fitness CenterFitness Center
-
Visitors ParkingVisitors Parking

Building Policies

Pet AllowedPet Allowed
Short-term Rental AllowedShort-term Rental Allowed
BBQ PermittedBBQ Permitted
Sublet AllowedSublet Allowed

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Rio Plaza Market Report (last 12 months)

Avg. List Price
$259,800 ($332/Sqft.)
Year-Over-Year List Price
Up Arrow 0.04%
Total Listings
Listings5
Avg. Days On Market
Calendar62
Avg. Sale Price
$262,500 ($340/Sqft.)
Year-Over-Year Sale Price
Up Arrow 0.14%
Total Sold
Sold2
Avg. HOA Fees/Sqft
$3 /monthly
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About Rio Plaza

Condo Living at Rio Plaza, located at 501 SW 1ST ST,MIAMI,FL:

Welcome to Rio Plaza, a charming six-story condo building nestled in the heart of Miami! Built in 1988, it carries a classic vibe while providing all the conveniences of modern living. Ideal for first-time buyers, this inviting condo community offers a cozy atmosphere where you can truly feel at home. With 31 units available, you'll find a variety of sizes ranging from 603 to 791 square feet, making it perfect for singles, couples, or young families looking to plant their roots in this vibrant city.

Building Features and Unit Availability:

This well-maintained building offers a medium availability of units, making it an attractive option for new buyers. With a competitive market that showcases a price per square foot at $340 and an average closed price of $262,500, you’re in for a great deal for what Miami has to offer. Although the demand is currently low, you will certainly appreciate the cool ambiance of the building and the friendly neighbors you might meet. Each unit is designed with comfort and style, so you’ll feel right at home as soon as you step through the door!

Amenities You'll Love:

Living at Rio Plaza comes with access to several enjoyable amenities that will enhance your lifestyle. There’s a refreshing pool to cool off on hot days, and for those who appreciate community, a lovely community room is available for gatherings and events. If you’ve got a busy schedule, the laundry facilities on-site will help make laundry day a breeze. Plus, with elevators in the building, you won’t need to worry about lugging your groceries upstairs!

  1. Home/
  2. Miami, FL/
  3. Rio Plaza
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