Arturo Calle
Colombia
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Little Havana, Miami, FL
100 residences in an eight-story boutique building, converted in 2023, five minutes from Downtown Miami
FromUSD $327,000
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The development
Centralis Residences is not sold off plan: it is a condominium conversion completed in 2023, with new systems and interiors. Anyone buying today walks the unit before signing, does not wait on construction that has not started yet, and can move in or put it up for rent from closing. Several units in the building already have a tenant in place, generating income in dollars from the first month — proof that rental demand in the area is real, not a projection.
The building is at 1110 NW 1st Street, in the heart of Little Havana, and was developed by Gamla Cedron Group with architecture by Behar Font: eight stories, 100 residences, covered assigned parking for every unit. Being a conversion — and not a tower built from scratch — is what explains the price: new interiors and systems, without the cost overruns or the timelines of a luxury pre-construction project.
There are five floor plans available, from 1 to 3 bedrooms and 621 to 1,431 square feet — The Havana, The Haven, The Palm, The Atlantic and The Oasis — from USD 327,000. Every residence has an open-concept kitchen, ceilings of approximately 9 feet, quartz countertops, its own washer and dryer, blackout blinds and wood-style flooring, with a private balcony facing the city or the sunset over the pool.
In pre-construction, dates shift: confirm them against the contract before signing.In pre-construction, dates shift: confirm them against the contract.
From a one-bedroom of 621 sq ft to the 1,431 sq ft of The Oasis model, all with an open-concept kitchen, an in-unit washer and dryer and assigned parking. Tell us which model you are interested in and we will confirm what is still available and at what price.
| Model | Layout | Bathrooms | Interior sq ft | approx. m² | Ask about this unit |
|---|---|---|---|---|---|
| The Havana | 1 bedroom | 1 | 621 – 681 | 57.7 – 63.3 | Ask about this unit |
| The Haven | 1 bedroom | 1 | 715 | 66.4 | Ask about this unit |
| The Palm | 2 bedrooms | 2 | 912 – 986 | 84.7 – 91.6 | Ask about this unit |
| The Atlantic | 2 bedrooms | 2 | 1,056 | 98.1 | Ask about this unit |
| The Oasis* | 3 bedrooms | 2 | 1,431 | 133.0 | Ask about this unit |
Centralis Residences is at 1110 NW 1st Street, steps from Calle Ocho and less than a mile from the second-largest health district in the United States, with Downtown and Brickell on the other side of the river. The map marks the building's address.
Pool terrace with private cabanas and a grilling area, residents' lounge, 24-hour gym and pet-friendly spaces. They are not renderings of what is coming: they are finished and running since the building was delivered.
Investment opportunity
Little Havana is Miami's most recognizable cultural neighborhood — the heart of the city's Cuban and Latin American heritage, with Calle Ocho as its backbone: restaurants, galleries, the monthly Viernes Culturales and Carnaval Miami, one of the largest street festivals in the United States. The area is in full revitalization, with new residential and commercial developments joining the neighborhood. And geographically it sits at the center of everything: Downtown Miami 5 minutes away, the Brickell financial district 8, Coral Gables 10, Miami Beach 20 and Miami International Airport 15, with direct access to I-95, US-1 and the Dolphin Expressway. Less than a mile away is the second-largest health district in the United States, and minutes away are the University of Miami and Florida International University.
Centralis is approved for long-term rental only: a 30-day minimum stay and up to 12 leases per year. It does not allow vacation rental by the day or the week. That is a more flexible policy than a traditional condominium's, which usually allows one or two leases a year, and several units in the building are already rented, which confirms there is real rental demand in the area.
Yes. The developer keeps a group of units that are sold with a lease in place, so the income starts at closing and there is no need to find a tenant or furnish anything. On the list we reviewed in August 2026, current monthly rents ran from USD 1,944 to 2,374 in the one-bedroom units and from USD 2,650 to 2,877 in the two-bedroom ones. These are rents from leases already signed, not a projection: ask us for the current list and we will tell you what is left and on what lease.
Yes, there are American banks that give mortgage loans to international buyers. We help you access that process together with Avanti Lending, our subsidiary specializing in loans for foreign nationals, which connects you with the lenders that work with non-resident investors and guides you through the paperwork. Final terms are set by the lender, case by case. We are not financial advisors: we put you in front of the real financing options.
USD 327,000, which is the cheapest unit on the inventory lists the developer gave us: one bedroom, one bathroom, 622 interior sq ft. You will see USD 300,000 in sales material of ours that is still circulating; that figure is older and there is no unit published below 327,000, so we prefer to give you the number we can actually stand behind. In two bedrooms the floor is USD 421,000. All prices move with availability: confirm them with us before you decide.
Our sales material states a fee of USD 0.84 per square foot. Taken as a monthly fee, which is the norm in Miami, that would be on the order of USD 520 a month on a one-bedroom unit of 622 sq ft — but the document does not specify the period and the developer does not publish the figure on its fact sheet, so it is a reference, not a settled number. Ask us for the exact fee on the unit you are interested in and verify it against the condominium declaration and the association's current budget before signing.
Because Centralis is a condominium conversion completed in 2023, with new interiors and systems, but without the cost overruns or the timelines of a luxury pre-construction project. The developer says so on its own fact sheet: prices below comparable new developments, with no construction delays. On top of that, Little Havana still has a lower entry point than Brickell or Downtown, a few minutes from both.
The developer's floor plan set includes a three-bedroom, two-bathroom model, The Oasis, of 1,431 sq ft. But that model does not appear in the building's fact sheets — which describe only one- and two-bedroom units — or in either of the two inventory lists we have seen. We publish it because the plan exists, and we flag it because its availability is not confirmed: if you are looking for three bedrooms, write to us first and we will verify it with the developer.
PFS Realty is a single company for the whole process: financing, purchase, property management and insurance. In a building bought to rent out that matters more than usual, because after closing someone has to screen the tenant, collect the rent and answer for maintenance. We have spent more than 24 years working with buyers from Colombia, Mexico, Venezuela and the rest of Latin America, in Spanish and with support before and after closing.
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