Building facts
- Address
- 300 S Biscayne Blvd
- Residences
- 451
- Total folios
- 457 — 451 homes, 6 non-residential
- Status
- Delivered — first recorded sales 2008
Key Takeaways
- 415 recorded resale pairs across 451 homes — one of the deepest transaction records of any single condominium in Miami-Dade.
- 29.2% of those resales sold below the prior purchase price — 121 of 415.
- Buyers who bought into the crash did better than buyers who bought after it. The 2000s cohort lost money on 25.5% of resales; the 2010s cohort, buying into a recovering market, lost on 34.4%.
- Median price per square foot has risen from $429 to $614 — the 2010s figure across 362 sales, the recent figure across 43.
- Three floor plans account for 32% of the building — 733, 1,006 and 1,091 square feet, at 49, 49 and 48 homes.
- Only 7 of 415 resale chains were broken by a foreclosure. Better than the 3.3% median for buildings that began selling 2005–2009, though 28 of those 80 buildings did better still.
- 871 qualified sales since 2008, or 1.9 per home.
A 415-pair record, and what it shows
Met 1 sits at 300 S Biscayne Boulevard, in the county roll under the DUPONT PLAZA subdivision. The declaration carries 457 folios — 451 homes and six non-residential folios, five of which are commercial condominiums. Since its first recorded sales in 2008 the county has logged 871 qualified sales, which is 1.9 per home, and 415 resale pairs: cases where the same home sold twice and the second price can be set against the first.
That is an unusually deep record. Most Miami condominiums produce a few dozen comparable pairs; this one produces several hundred, which means its numbers are not carried by a handful of transactions.
Across all 415 pairs, 121 sold below the prior purchase price — 29.2%. For context, among the 80 buildings in this archive that began selling between 2005 and 2009 and have produced at least 100 pairs, the median loss rate is 24.8%. Met 1 runs above that. It is not the cleanest record in its cohort and this page will not claim otherwise.
Why the later buyers did worse
The obvious assumption about a building that started selling in 2008 is that its first buyers were the ones who got hurt. In Met 1 the county record says the opposite.
Sorted by the decade in which the first sale of each pair happened:
- 2000s buyers — 196 pairs, 50 losses, 25.5%
- 2010s buyers — 183 pairs, 63 losses, 34.4%
- 2020s buyers — 36 pairs, 8 losses, 22.2% (too few, and too recent, to weigh against the other two)
People who bought into the teeth of the crash resold at a loss less often than people who bought afterwards, into a recovering market. The record shows that this happened. It does not show why, and this page will not guess — the roll records transactions, not motives.
Two things are worth stating alongside it. The 2000s cohort has had up to eighteen years for a resale to come good, while much of the 2010s cohort has had less than ten. And only 7 of the 415 chains were broken by a foreclosure, so this is not a distressed-sale artifact. That foreclosure rate, 1.7%, sits below the 3.3% median for its 2005–2009 cohort — though 28 of those 80 buildings ran cleaner, and five recorded none at all.
What the building actually holds
Met 1 is a repeating-plan building. Three floor plans account for 32% of the homes: 733 square feet (49 homes), 1,006 square feet (49) and 1,091 square feet (48). That concentration matters when you are pricing — for most of these homes there is a genuine comparable, often several, which is not true in buildings with a wide unit mix.
On price per foot the county record shows a median of $429 across 362 sales in the 2010s, and $614 across 43 recent sales — a rise of about 43%. The recent sample is much smaller, so treat it as a direction rather than a settled level.
The roll also carries four bulk transfers, the largest $6,284,950 across 11 folios on 21 November 2014. Package sales stamp one price onto every folio in the package, so they are excluded from the pair analysis above rather than counted as ordinary transactions.
Who this building suits
If you want a Downtown Miami address with a deep, checkable transaction history and a real chance of finding a true comparable for your exact floor plan, Met 1 offers both in a way few buildings do.
If you are buying on the assumption that a post-crash entry point is automatically the safer one, the record here argues against that — and it is worth understanding why before you commit, not after.
I hold the full pair-by-pair record for this building. If you are considering buying or selling here, ask me for the numbers on your line and floor rather than the building average.
Verified 8 September 2026 against the Miami-Dade County property roll (pulled 1 September 2026), covering 457 folios and 871 qualified sales. Cohort comparisons are drawn from 80 Miami-Dade condominiums that began selling 2005–2009 with at least 100 recorded resale pairs. Re-check when the next roll is published, or when this building records another 25 pairs.
Met 1 — Frequently Asked Questions
How many residences are there at Met 1?
The county declaration carries 457 folios: 451 residences and six non-residential folios, five of them commercial condominiums.
How often do homes at Met 1 resell below what the previous owner paid?
Across 415 recorded resale pairs, 121 sold below the prior purchase price — 29.2%. That is above the 24.8% median for Miami-Dade condominiums that began selling between 2005 and 2009 with comparable transaction depth.
Did buyers who bought Met 1 during the crash lose money?
Less often than the buyers who came after them. Pairs beginning in the 2000s show a 25.5% loss rate across 196 pairs; pairs beginning in the 2010s show 34.4% across 183. The county record shows the pattern; it does not explain it.
What are the most common floor plans at Met 1?
Three plans account for 32% of the building: 733 square feet (49 homes), 1,006 square feet (49) and 1,091 square feet (48).
What has price per square foot done at Met 1?
The median ran $429 across 362 sales during the 2010s and $614 across 43 recent sales, a rise of roughly 43%. The recent sample is small, so it indicates direction rather than a settled level.
Have there been many foreclosures at Met 1?
Few. Only 7 of 415 resale chains were broken by a foreclosure — 1.7%, below the 3.3% median for its 2005–2009 cohort, though 28 of those 80 buildings ran cleaner and five recorded none.
How active is the resale market at Met 1?
The county has recorded 871 qualified sales since 2008, about 1.9 per home, producing 415 comparable resale pairs — one of the deepest single-building records in the county.
Sources and further reading
- Miami-Dade County Property Appraiser — property search and tax rollmiamidade.gov
- Miami-Dade County Clerk of Courts — official records searchonlineservices.miamidadeclerk.gov
Interested in buying or selling at Met 1?
I work from the county record, not a listing feed — the same method behind The Miami Confidential. If you want the pair-by-pair history for your line, or an honest read on what your home would actually fetch, call me on (305) 695-8257 or email hello@joshsteinrealtor.com.
Related coverage
Part of Miami Luxury Condos.