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Penthouse Office Unit
For Lease
$36 SF/Yr

168 SE 1st Street #PH, Miami, FL 33131

Top-floor workspace offers open planning, tall ceilings, and plentiful daylight for a customized build-out.

Space SizeContact for details
Days on Market84

Property Features for 168 SE 1st Street #PH

General Information

Standard status Active
Property subtype Commercial

Space & Availability

Space Use Office
Condition Shell

Amenities

Central air
Central Air Cooling
Central Heating
Electric Heating
Other Roof

Building Details

Year Built 1925
Listing Agency: INTERNATIONAL SALES GROUP REALTY, LLC.
Listed By: MARBER ARELLANO · License #A12000044
Source: Corcoran
Added: Jun 9 Changed: Aug 30 Last Checked: Aug 30 at 3:27PM

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 INTERNATIONAL SALES GROUP REALTY, LLC.

Investment Insights

Based on property information with market context.

This 5051-square-foot penthouse office unit occupies the top floor of a 1925 building and is delivered in a blank-canvas condition. The interior includes high ceilings, abundant natural light, and an open layout that can be configured for corporate headquarters, creative studio operations, or a boutique professional office.

The property is situated in Miami’s business district at 168 SE 1st Street #PH, Miami, FL 33131. The surrounding setting includes established offices, dining, and other commercial activity, with access to the area’s active business environment. Its elevated position provides a distinct top-floor workspace for a tenant seeking a customized office build-out.

Key Highlights

  • 5051 SF penthouse office unit
  • High ceilings and abundant natural light
  • Flexible open layout for customized build‑out

Property Analytics

Current Use

Travel Business Travel Agency Xiu Steel - Borox ... Factory American Executive International Travel Agency Avance International Capital Financial Advisor Niurka Mustafá - 305 ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Veterinary Clinic Pet Grooming Service Butcher Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

15,904
Businesses Nearby

Demographics for 33131, FL

26,213
Population
18,872
Households
1.4
Avg Household Size
37
Median Age
77%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
52,426
Density / Sq Mi
$143,114
Median Household Income
$86,331
Median Earnings
$2,847
Median Rent
$621,700
Median Home Value

Market

Lease Benchmarks for Miami, FL

$36.64 /SF/Yr
Avg Asking Price
$1.13–$149 /SF/Yr
Price Range
17,413 SF
Avg Space Size

This space is priced 2% below the average of $36.64 /SF/Yr.

Vacancy Rate% for Office in Miami, FL

12.4% 2019
16.3% 2020
17% 2021
16.1% 2022
15% 2023
16.1% 2024
15.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Top-floor workspace offers open planning, tall ceilings, and plentiful daylight for a customized build-out.
Where is this office units located?
The property is located at 168 SE 1st Street #PH Miami, FL.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: 5051 SF penthouse office unit; High ceilings and abundant natural light; Flexible open layout for customized build‑out
More about this property
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