Price reducedMLS® A12011695

$275,000

↓ Price reduced $14,000 on Nov 2, 2026

111 E Flagler Street 705, Miami, FL 33131

Beds: 2
Baths: 1
Sqft: 836

Est. payment$2,947/mo

Home type: Condominium
Year built: 1951
Lot size: —
Price / sqft: $329
HOA: $975/mo
Community: FLAGLER FIRST CONDO

Property description

Prime investment opportunity in the heart of Downtown Miami. We have a 2BD/1BA unit available in the historic Flagler First Condo, ideally located steps from Miami Dade College, Bayside Marketplace, Bayfront Park, and public transportation.This unit is the best-priced in the building and is priced specifically for a quick sale. Please note that the property is being sold as-is, with a price that reflects the current special assessment and pending city permits. It is an ideal choice for investors or cash buyers looking to capitalize on the rapid redevelopment of the Downtown area.The building features secured entry and on-site management, offering unbeatable walkability to nearby shopping and dining. Only Cash offers, the unit is easy to show.

Listing activity

Days on market: 185
Listed: May 1, 2026
MLS listing updated: 5 hours ago
Feed last checked: 13 minutes ago

Listed by Leonelly Rodriguez · Novel Management, LLC.

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Bathrooms (decimal): 1
Full bathrooms: 1
Half bathrooms: 0

Rooms & features

Rooms: 0
Interior features: Elevator
Flooring: Concrete
Appliances: Electric Water Heater, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
Furnished: Unfurnished

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0

Exterior

Stories: 10
Building area: 836 sqft
Exterior features: None
View: Skyline
Waterfront property: No

Construction

Type & style

Home type: Condominium
Year built: 1951

Materials

Construction: Block

Utilities & green energy

Utilities

Utilities: Cable Available

Community & HOA

Community

Subdivision: FLAGLER FIRST CONDO
MLS area: 2410
Security: Entry - Phone/Intercom, Smoke Detector(s)
Pets allowed: Yes
55+ community: Yes

Association

Has association: Yes
Association fee: $975 monthly
Estimated monthly dues: $975
Amenities: Community Room, Elevator(s), Hobby Room, Lobby
Services included: Recreation Facility, Common Areas, Elevator, Hot Water, Maintenance Structure, Sewer, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33131

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: A12011695
Possession: Close Of Escrow
Original list price: $299,000
Parcel number: 0141370570420
Annual property tax: $4,883
Tax year: 2025
Tax legal description: FLAGLER FIRST CONDO UNIT 705 UNDIV 1.096552% INT IN COMMON ELEMENTS OFF REC 25653-4280

Additional MLS details

Reported by the listing source

Association Amenities: Community Room, Elevator(s), Hobby Room, Lobby
Association Fee Frequency: Monthly
Association Fee Includes: Recreation Facility, Common Areas, Elevator, Hot Water, Maintenance Structure, Sewer, Water
Association: Yes
Bathrooms Total Decimal: 1
Bathrooms Total Integer: 1
Building Area Total: 836
Construction Materials: Block
County Or Parish: Miami-Dade
Days On Market: 185
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 275000
Listing Contract Date: 2026-05-01
Living Area: 836
MLSArea Major: 2410
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-04-30
Photos Count: 15
Postal Code: 33131
Price Change Timestamp: 2026-11-02T18:51:12Z
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Entry - Phone/Intercom, Smoke Detector(s)
Senior Community: Yes
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-05-01T04:00:00Z
Stories Total: 10
Subdivision Name: FLAGLER FIRST CONDO
Tax Annual Amount: 4883
Bathrooms Full: 1
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
General Property Information: Senior Community: Yes
Financial Information: Estimated Monthly Assoc Recurring Fee: 975

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
May 1, 2026	ListedMIAMI REALTORS® MLS	$299,000$358/sqft
Nov 2, 2026	Price reducedMIAMI REALTORS® MLS	$275,000$329/sqft

Public tax history

Year	Property taxes	Assessment
2025	$4,883	—

Payment calculator

Estimated monthly payment$2,947/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $1,427
Property taxes: $407
Insurance: $138
Association dues: $975

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

FLAGLER FIRST CONDO

Miami · Miami-Dade County · 33131

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary

—

Jose De DiegoMiddle

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

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