Centro Condos For Sale & Rent

Centro Condo Condo Overview

Centro Condo is a Downtown Miami condo building at 151 1st St in Downtown, Miami. Built in 2016, the property has 37 stories and 352 residences. Buyers usually compare bay or skyline views, transit access, parking, rental rules, building amenities, and proximity to offices, arenas, parks, and dining.

Centro Condo Condos for Sale

Centro Condo condos for sale should be compared by bay, river, or skyline exposure, floor height, layout, interior condition, parking, rental flexibility, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Centro Condo Rentals and Rental Policy

Rental policy currently shows a short-term rental setup, a 1-month minimum rental term and up to 4 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Seiger-Suarez and developed by Newgard Development Group. The building is pet-friendly. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. The health club and spa, rooftop swimming pool, residents lounge, and social room offer spaces for relaxation and leisure. A state-of-the-art fitness center provides panoramic views of Downtown Miami, enhancing workout routines with breathtaking scenery. Additional luxuries include a co-ed sauna and steam room, on-site restaurants on the ground level, full-service concierge, and complimentary valet parking services, ensuring a seamless and luxurious living experience. The residential units at Centro are a marvel of modern design, featuring open floor plans with finished concrete floors and 10-foot high ceilings with floor-to-ceiling impact-resistant glass windows.

What to Compare Before Buying at Centro Condo

Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, and Downtown Miami access. It is also useful to compare Centro Condo with nearby buildings and area pages such as Downtown Miami.

Market Context

Centro Condo has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 235 recorded condo sales, or about 26 sales per year. That is a deep resale sample for a single building, so buyers can usually find stronger comparable-sale context by bedroom count, line, view, and condition. The busiest year in the series was 2021 with 62 sales, while the quietest was 2017 with 4. Recent completed-year sales volume is close to the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Centro Condo ranges from about $324/sqft to $978/sqft, with an average near $570/sqft across the years shown. That wide valuation band means unit-specific factors can materially change the right price range. The first and last completed years in the series are relatively close, moving from $978/sqft in 2017 to $919/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $301,135, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Centro Condo: 2 Beds and 1 Bed units have the broadest historical comparison set, while 2 Beds around $369,541 and 4 Beds+ around $347,588 represent the higher average closed-price tiers in the chart data. Because that segment appears across several years, it is more useful as a comparison base than a one-off sale. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Centro Condo also has short-term rental flexibility with a 1-month minimum lease and up to 4 rentals per year, which should be read together with the long-term sales data. That flexibility can broaden buyer demand, but only when approval timing, seasonality, furnishings, taxes, fees, and local rules support the intended use.