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Downtown Office Building
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235-265 SE 1st St, Miami, FL 33131

A four-story office building on a corner lot in Downtown Miami with mixed-use zoning allowing major development potential.

Property Size83,909 SF
Lot Size0.47 Acres
Days on Market240

Property Features for 235-265 SE 1st St

General Information

Standard status Active
Size 83,909 SF
Lot size 0.47 Acres
Property subtype OFFICE
Zoning T6-80-O

Building Details

Stories 4
Listing Agency: Colliers | Miami
Listed By: Cecilia Estevez · License #SL3206903
Source: Moodyscre
Added: Dec 4, 2025 Changed: Jul 26 Last Checked: Jul 31 at 9:53AM

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 Colliers | Miami

Investment Insights

Based on property information with market context.

The Plaza is an 83,900 SF, four-story office building located on a prominent 20,400 SF corner lot. The property is positioned as an office asset with long-term redevelopment potential under its mixed-use zoning framework.

Set on one of the city’s most visible intersections in Downtown Miami, the site benefits from Miami’s mixed-use zoning, T6-80-O. This zoning permits up to 489,600 SF of development and up to 468 residential units.

The offering is presented as a value-add office opportunity, with the ability to generate interim cash flow from existing operations while planning for redevelopment or pursuing entitlements for a next development cycle.

Key Highlights

  • 83,900 SF, 4‑story office building located on a 20,400 SF corner lot in Downtown Miami
  • Situated on one of the city’s most visible intersections
  • Mixed‑use zoning T6‑80‑O allows up to 489,600 SF of development and up to 468 residential units

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Daycare Center Furniture & Home Goods Kitchen & Bath Showroom Butcher Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

15,383
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

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
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Frequently Asked Questions

What type of property is this?
Office building - A four-story office building on a corner lot in Downtown Miami with mixed-use zoning allowing major development potential.
Where is this office building located?
The property is located at 235-265 SE 1st St Miami, FL.
What are key features of this property?
This property features: 83,900 SF, 4‑story office building located on a 20,400 SF corner lot in Downtown Miami; Situated on one of the city’s most visible intersections; Mixed‑use zoning T6‑80‑O allows up to 489,600 SF of development and up to 468 residential units
(786) 433-5393 Call to check price and availability
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