Atlantic Luxury AdvisorsKeller Williams Realty Services

33 photos

1600 1 Ave #3519

Miami, FL 33132

$485,000
1
1
2018
1 car
Condominium
$750/mo
Yes
11
Active

Listing courtesy of AFS Living. Contact: [email protected].

About this home

Exceptional opportunity to own a 1-bedroom, 1-bath residence at Canvas Condominium in Downtown Miami with approximately 800 SF plus a private balcony and sweeping city views from the 35th floor. Ideal for investors, as the building permits short-term rentals/Airbnb and the unit has an established track record on Airbnb and other short-term rental platforms. Available fully furnished as a turnkey investment or unfurnished. AS IS Contract only. Pre-approval or proof of funds required with all offers. Per condominium requirements, 24-hour notice required for showings. Condo has Reserves. The residence features an in-unit Peloton, washer/dryer, assigned parking, and access to resort-style amenities including 3 pools, gym, spa, sauna, theater, and 24/7 concierge. Proven appeal to short-term guests, snowbirds, remote workers, and traveling professionals seeking an elevated Miami stay. Prime location near Wynwood, Design District, Brickell, Downtown Miami, Brightline, and Miami Beach. Rare opportunity to acquire an income-producing property with proven short-term rental performance in one of Miami’s most sought-after neighborhoods. Inquire for rental history, furnishing details, and private showings.

What it costs to own
Estimated monthly payment
$4,186/mo
Principal and interest
$2,452
Property tax
$684
Homeowners insurance
$300
HOA
$750

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$8,209/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$750/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

Canvas, A Condo was built in 2018, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2048. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.