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Buildings/Miami/CANVAS

Premium

CANVAS

1600 NE 1 AVE, Miami 33132

★ 4.3

2018

Year Built

574

Units

CI Score

Strong

For Sale

$473K

Avg Price

$539

Sale $/SF

For Rent

$2,850

Avg Rent

$4.23

Rent $/SF

+1.5%

YoY

For Sale

For Rent

Investor-Owned

86%

Avg HOA

$884/mo

Building Details

Address

1600 NE 1 AVE, Miami, 33132

Neighborhood

Miami

Year Built

2018

Total Units

574

Avg Unit Sqft

774 SF

Tier

Premium

Avg $/SF

$538.74

Avg Rent

$2,850/mo

Rent $/SF

$4.23/SF

HOA Range

$620 – $1,092

Google Rating

4.3 (200 reviews)

Neighborhood Rank

Top 14%

Avg Unit Value

$343K

Total Sales (All-Time)

723

Phone

(305) 244-3254

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)7.3%

YoY Appreciation+1.5%

Total Yield44.8%

Median Rent$2,850/mo

YoY Rent Change-13.0%

YoY Sale $/SF Change-4.9%

Liquidity & Demand

Closed Sales (120d)6

Days on Market60 days

Months of Inventory26.0

Sale-to-List Ratio1.0%

Price Reduction Rate83%

Investor-Owned86%

For Sale6

For Rent6

Top 14%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$480

-14.2%

Rental Price Trend ($/SF)

$3.94

+2.3%

Days on Market

days

Normal pace

Months of Inventory

26.0

months

Buyer's market

Sale-to-List Ratio

96.9%

Fair negotiation

Price Reductions

83%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$2,850

/month

Sales & Listings

Active Listings

For Sale (6)

$354K

Unit 3202

0 bd1 ba

102 DOM

$375K

0 bd1 ba588 sf

$638/SF204 DOM

$385K

Unit 3302

0 bd1 ba

170 DOM

$409K

Unit 3019

1 bd1 ba752 sf

$544/SF79 DOM

$415K

1 bd1 ba752 sf

$419K

Unit 3703

0 bd1 ba588 sf

For Rent (6)

$3K

Unit 1103

0 bd1 ba588 sf

$4/SF

$3K

Unit 2704

1 bd1 ba582 sf

$4/SF84 DOM

$3K

Unit 2217

1 bd1 ba752 sf

$4/SF

$3K

Unit 1918

1 bd1 ba754 sf

$4/SF

$3K

Unit 1511

1 bd2 ba865 sf

$4/SF

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Feb 23, 2026	$452K	$527.42	1/2	857
Feb 18, 2026	$400K	$531.91	1/1	752
Feb 13, 2026	$488K	$479.37	2/2	1,018
Jan 30, 2026	$555K	$629.25	2/2	882
Jan 21, 2026	$590K

Units & Ownership

Total Units

574

Avg Sqft

774 SF

Avg Assessed

$372K

Owner-Occupied

14%

Tax & Ownership

Investor-Owned

86%

Owner-Occupied

14%

Avg Assessed Value

$372K

Avg Taxable Value

$365K

Effective Year Built

2018

Zoning

6402

Unit Mix

Studio81

Avg 583 SF

1 BR243

Avg 822 SF

2 BR189

Avg 966 SF

Unknown61

Avg 233 SF

Unit Directory

Showing 10 of 574 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
1001	1	1	853	$367K	—	$374K	$439	Jan 2019
1002	0	1	580	$248K	—	$236K	$408	Jan 2019
1003	0	1	588	$248K	—	$252K	$429	Jan 2019
1004	0	1	582	$248K	—	$268K	$460	Feb 2019
1005	1	1	867	$367K	—	$374K	$432	Jan 2019
1006	2	2	1,040	$406K	—	$480K	$461	Feb 2019
1007	2	2	880	$364K	—	$345K	$392	Aug 2020
1008	2	2	882	$364K	—	$397K	$451	Feb 2019
1009	2	2	878	$364K	—	$445K	$507	Feb 2019