Historic Mixed-Use
For Sale
Contact for pricing
139 NE 1st St, Miami, FL 33132
Historic mixed-use property combining a retail level with office floors in a landmark Downtown Miami building.
Property SizeContact for details
Days on Market144
Property Features for 139 NE 1st St
General Information
Standard status
Active
Elevators
Yes
Property subtype
Hospitality, Mixed Use, Office, Retail
Zoning
T6-80-O
Building Details
Year Built
1927
Buildings
1
Stories
7
Listing Agency:
The Corcoran Group Miami Beach
(772) 913-5401
Listed By:
Francisco Neri · License #FL-3529225
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 5:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Corcoran Group Miami Beach
Investment Insights
Based on property information with market context.
The Dade-Commonwealth Building is a historic mixed-use property completed in 1927, with seven stories and approximately 6,000 square feet of office space on each floor. Its existing configuration includes a retail level and six office levels. Common areas identified for improvement include the lobby, elevator landings, stairways, and upper-level bathrooms.
The property is located at 139 NE 1st St in Downtown Miami and carries T6-80-O mixed-use zoning. Historic Preservation Board and City of Miami approvals are in place for demolition, supporting a proposed 17-story hotel development with 163 keys. The property also qualifies for an Ad Valorem Tax Exemption for Historic Properties and the Federal Historic Rehabilitation Tax Credit.
The property is located at 139 NE 1st St in Downtown Miami and carries T6-80-O mixed-use zoning. Historic Preservation Board and City of Miami approvals are in place for demolition, supporting a proposed 17-story hotel development with 163 keys. The property also qualifies for an Ad Valorem Tax Exemption for Historic Properties and the Federal Historic Rehabilitation Tax Credit.
Key Highlights
- Seven‑story historic building completed in 1927
- Approximately 6,000 square feet of office space on each floor
- Existing layout includes one retail level and six office levels
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,542
Businesses Nearby
Explore this area
Business Placement
Demographics for 33132, FL
18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Market
Vacancy Rate% for Office in Miami, FL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Historic mixed-use property combining a retail level with office floors in a landmark Downtown Miami building.
Where is this mixed-use property located?
The property is located at 139 NE 1st St Miami, FL.
What are key features of this property?
This property features: Seven‑story historic building completed in 1927; Approximately 6,000 square feet of office space on each floor; Existing layout includes one retail level and six office levels
