Miami Art Week 2026Upcoming
7 exhibitions within 1 mile
Art Week Score 49 · #21 in Downtown
#21 in Downtown · #201 in Miami
Nearest: Beyond Time: Antonia Eiriz, Juan Sánchez, and Pedro Vizcaíno, 0.5 mi away
For sale
22
1 pending · 13.2 mo supply
Median asking
$385K
from $305K
Median $/sqft
$633/sqft
$587/sqft sold, 12 mo
Days on market
69
36 to sell · 20 in 12 mo
6 of 22 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Centro sits at 151 SE 1st St in Downtown Miami, 210 m in a straight line from the Knight Center Metromover Station, and the Car-Free Index is 88. The tower was developed by Newgard Development Group and completed in 2016, with 38 floors and 358 residences. The nearest Publix is 980 m (about 0.6 miles) away.
The building is in FEMA flood zone X, a minimal risk area where flood insurance is not federally required but is available, and in Miami-Dade hurricane evacuation zone B. The lowest street beside it is 7 ft above the highest tide predicted for 2026 at Virginia Key. Construction is active nearby: 12 tower sites within 1 km, 3 of them within 500 m, which can bring noise and traffic while it lasts, and new towers can change views.
The financeability tier is strong, with an index of 94 of 100, and its VA condominium approval is current, so eligible veterans can use VA-guaranteed loans. A public records check last run October 20, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher. On the 2025 tax roll, 7% of units carry a homestead exemption and 56% are owned by a company or trust. The Miami-Dade Clerk recorded 25 resale deeds in the 12 months to October 21, 2026.
Live near more of Miami
What surrounds Centro: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now17 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Coconut Grove), 3.9 mi
#6 in Downtown · #474 in Miami
You will need a designated driver and a plan.
1 Flanigan's locations nearby
Publix IndexLive now
60 / 100
Nearest Publix: Publix at 3 Miami Central, 0.6 mi
#25 in Downtown · #261 in Miami
Excellent urban planning.
4 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
Downtown is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk
75
/ 100
A−
own.miami Score
A data-grounded score for Centro from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value79
$633/sqft — vs. Downtown condos, then all of Miami
Momentum86
+17.9% $/sqft over 6 months
Liquidity46
13.2 months of supply · 69 days on market
Health98
2 verified records: Rental restrictions
Waterfront55
Not waterfront
Age70
Built 2016 — vs. Downtown buildings
own.miami Condo Index
91At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#416 of 698 tracked Miami condos
Top 60% by price per sq ft
#18 of 28 in Downtown
Momentum
↑ Rising
$633/sqft median ask
Liquidity
Warm
The stacks
12 lines · modeled from 85 salesCondos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Centro’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -01 line.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01Best value | 2 bd · 2 ba | 977 sqft | Bay | $541/sqft | +$1 | $521/sqft → $549/sqft | 7 |
| -02 | 2 bd · 1 ba | 736 sqft | Skyline | $553/sqft | +$4 | $492/sqft → $606/sqft | 9 |
| -03 | 1 bd · 1 ba | 533 sqft | Skyline | $649/sqft | +$4 | $615/sqft → $712/sqft | 5 |
| -04 | 1 bd · 1 ba | 446 sqft | Skyline | $760/sqft | +$8 | $691/sqft → $892/sqft | 5 |
| -05 | 1 bd · 1 ba | 526 sqft | Skyline | $674/sqft | +$2 | $636/sqft → $701/sqft | 11 |
| -06 | 1 bd · 1 ba | 430 sqft | Skyline | $788/sqft | — | — | 1 |
| -07 | 1 bd · 1 ba | 526 sqft | Skyline | $646/sqft | +$2 | $619/sqft → $676/sqft | 10 |
| -08 | 1 bd · 1 ba | 564 sqft | Bay | $581/sqft | +$1 | $564/sqft → $580/sqft | 5 |
| -09 | 1 bd · 1 ba | 533 sqft | Skyline | $646/sqft | +$0 | $640/sqft → $646/sqft | 8 |
| -10 | 1 bd · 1 ba | 607 sqft | Skyline | $622/sqft | +$4 | $556/sqft → $663/sqft | 11 |
| -11 | 2 bd · 2 ba | 791 sqft | Skyline | $566/sqft | +$1 | $567/sqft → $587/sqft | 11 |
| Penthouses | 1 bd · 1 ba | 526 sqft | BayWaterfront | $798/sqft | — | — | 2 |
Modeled from Centro’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.
What’s a unit here worth?
Pick a line and a floor — we estimate the value from Centro’s own sales history.
Estimated value
$520,000
$494,000–$546,000 · $533/sqft
High confidence · 7 sales
Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.
Want the inside track on Centro?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$457,000$621/sqft
2 bd · 1 ba · 736 sqft
151 SE 1st St #2602
Listing courtesy of Avanti Way Realty LLC, Maria Cristi Conte Cortez (Lic. #3368184) · MLS #A12077978
$529,000$541/sqft
2 bd · 2 ba · 977 sqft
151 SE 1st St #2801
Listing courtesy of Charles Rutenberg Realty FTL, Oly Causo (Lic. #3026046) · MLS #A12063782
$500,000$632/sqft
2 bd · 2 ba · 791 sqft
151 SE 1st St #2511
Short-term leases OK
Listing courtesy of Compass Florida, LLC, Ryan Aulenti (Lic. #3277473) · MLS #A12060617
$450,000$611/sqft
2 bd · 1 ba · 736 sqft
151 SE 1st St #2802
Tenant occupiedShort-term leases OK
Listing courtesy of Jennifer Homes Realty, Jonathan Quintana (Lic. #3252775) · MLS #A11990272
$520,000$532/sqft
2 bd · 2 ba · 977 sqft
151 SE 1st St #2101
Listing courtesy of Compass Florida, LLC, Maria Jose Cardenas (Lic. #3187121) · MLS #A11966281
$550,000$563/sqft
2 bd · 2 ba · 977 sqft
151 SE 1st St #1501
Listing courtesy of Envirotek Realty, Diana Tello (Lic. #3277908) · MLS #A11964781
Sold $/sqft trend
3-month rolling median of closed sales in Centro; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 151 SE 1st St
- Year built
- 2016
- Floors
- 38
- Residences
- 358
- Developer
- Newgard Development Group
- Waterfront
- No
Developed by
Newgard Development Group64
B+ · Developer Score
- Ranks #1 of 3 scored Newgard Development Group buildings
- Asking $633/sqft here vs $853/sqft across the developer's portfolio
- 68% of the developer's portfolio has no adverse verified record
- All 4 buildings by this developer
Amenities
- · Rooftop pool
- · Fitness center
- · Sauna
- · Steam room
- · Concierge
- · Valet
- · Business center
- · Party/social room
- · 24-hour security
- · Locker rooms
- · Media room
- · Bicycle storage
- · Pet-friendly
Building rules
- Parking
- The building does not offer assigned parking, but residents can utilize on-site valet services or nearby off-site parking options.
Special assessments & recertification outlook
ClearPublic records checked Oct 27, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 15 purchase or refinance loans on this building in the last 12 months, financing 50% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 94/100.
Source: Miami-Dade Clerk official records
- PositiveNo special assessment — noted on 1 listingsSep 17, 2026
Source: MLS listing remarks
- Verified: no special assessment in force
- Built 2016 — its first 25-year structural milestone inspection is due around 2041
Estimated from Centro’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Centro: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 20
- 15 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 50%
- 24 recorded sales, 12 months · Resales only
- Average down payment
- 29.8%
- Lowest down payment accepted
- 10%
Loan programmes, 24 months:Conventional 15Private lenders 4Other 1VA programme approvals
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Downtown
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone X: minimal-risk area on FEMA’s map.
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 9.3 ft
- Lowest nearby street
- 8.0 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 7.0 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 4
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR70400 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Centro cost?+
There are 22 condos for sale at Centro, from $304,500, with a median asking price of $385,000 ($633/sqft).
How much are the HOA fees at Centro?+
HOA / maintenance fees at Centro run around $669 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
When was Centro built?+
Centro was built in 2016, 38 stories, 358 residences.
Who developed Centro?+
Centro was developed by Newgard Development Group. Newgard Development Group's own.miami Developer Score is B+ across 4 buildings.
Stay ahead
Interested in Centro?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
If you like Centro, compare
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