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1600 NE 1st Ave #1605
Miami, FL 33132
Listing courtesy of The Keyes Company. Contact: 305-443-7423.
SPECIAL FINANCING AVAILABLE: the seller will contribute up to $9,500 toward a 2/1 temporary interest-rate buydown, closing costs, or other buyer expenses. A 2/1 buydown lowers your interest rate by 2% in year one and 1% in year two, then returns to the note rate, making early monthly payments more affordable. Buy with as little as 3% down in a building with full reserves. Live in the heart of Miami's Arts & Entertainment District at Canvas. This 1-bedroom + den residence features an open-concept layout, floor-to-ceiling windows, and city and bay views from your private balcony. The gourmet kitchen has premium stainless steel appliances, modern cabinetry, and high-end finishes. The versatile den works as a home office, guest room, or second bedroom. Enjoy over 30,000 sq. ft. of resort-style amenities, including sunrise and sunset pools, a rooftop sky plunge pool, spa and sauna, yoga garden, racquetball court, theater, business center, and a 3,000 sq. ft. fitness center. WiFi and cable are included. Investor friendly and pet friendly, with rentals permitted up to 12 times per year. The unit currently generates approximately $4,900 per month in Airbnb income during peak season. Ideally located near Wynwood, Downtown Miami, the Design District, Kaseya Center, Metromover, shopping, and dining. Schedule your private showing today.
- Principal and interest
- $2,417
- Property tax
- $673
- Homeowners insurance
- $300
- HOA
- $895
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.
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.
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.
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.
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.