Read the full record 4 paragraphs and 16 facts, every figure from the MLS and county record
Completed in 2016, Centro stands 38 stories at 151 SE 1st St in Brickell. The Miami-Dade Property Appraiser lists 358 residential units, averaging 642 SF of living area. Sieger Suarez Architects designed it for Newgard Development Group. Interiors are by FuseProject.
On November 2, 2026, 22 units were listed for sale, asking $305K to $550K (median ask $633/SF across 22 listings). One more was under contract. 20 sales closed between November 2, 2025 and November 2, 2026, from $275K to $520K, a median $587/SF, after a median 36 days on the market. In the 12 months before that, 13 sales closed at a median $563/SF, so the median rose 4%. The MLS holds 203 closed sales here going back to 2019; among years with three or more sales, 2024 set the high at a median $655/SF. That 12-month median ranks 34th of the 66 Brickell buildings with at least three sales in the same window. One-bedrooms made up 22 of the 33 sales in the last 24 months, at a median $330,975.
25 units were offered for rent at $2,300 to $4,000 a month. 66 leases were signed over the same 12 months, at a median $2,500 a month (range $1,875 to $3,800). Leases outnumbered sales 3 to 1 over that year, so renters are a large share of who lives here.
About 24% of the residences are owner-occupied according to county records, which points to an investor-heavy ownership base. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 30 days; up to 12 leases a year. The association is managed by Simple Choice PM. I have six of its association documents on file, including the Amendments to the Declaration and the SIRS.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 151 SE 1st St, Miami 33131
- Neighborhood
- Brickell
- Developer
- Newgard Development Group
- Architect
- Sieger Suarez Architects
- Interior design
- FuseProject
- Management
- Simple Choice PM
- Front desk / mgmt
- (305) 440-0566
- Year built
- 2016
- Floors
- 38
- Residences (county-verified)
- 358
- Owner-occupied
- 24% of residences
- Avg. unit size
- 642 sq ft
- Total living area
- 229,844 sq ft
- County condo folios
- 358
- Recorded MLS listings
- 940
- Also recorded as
- 151 SE 1st St 1905th