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    14 1St Ave Miami, FL 33132

    For Sale
    $849,000

    1,933 sq ft, Panoramic Views, $849,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1,933 square foot office space, located on the southeast corner of the 5th floor in the prestigious One Flagler building, presents a unique opportunity in the heart of Downtown Miami. Built in 1952, this 14-story building houses this bright and airy office, boasting abundant natural light and breathtaking panoramic views of the Miami skyline. The space is thoughtfully designed as three interconnected offices, offering a flexible layout that caters to various business needs. This configuration allows for both collaborative work environments and private, individual workspaces, making it ideal for a range of businesses, from startups to established firms seeking expansion. The adaptability of the floor plan ensures it can be easily customized to suit specific requirements. The asking price for this prime Downtown Miami office is $849,000. According to the Miami-Dade Property Appraiser, the total square footage is 1,933 square feet. The property's address is 14 NE 1st Ave #507, Miami, FL 33132, situated in Miami-Dade County. This is a rare opportunity to acquire a well-positioned office space in one of Miami's most desirable locations.

    Property Features for 14 1St Ave

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1952
    Buildings
    1
    Stories
    14
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vid Music Group Music Management And Promotion Credit Glory Credit ... Credit Counseling Service Puerto Viejo Wines, ... Importer Psyche Inspirational, LLC Psychologist Dr. Ivette J. ... Psychologist

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Clothing Store Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1921021
    Latitude
    25.7745968

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    FAQs

    What type of property is this?
    Office Property / Space - 1,933 sq ft, Panoramic Views, $849,000
    Where is this office property / space located?
    The property is located at 14 1St Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $849,000.
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    14 1St Ave Miami, FL 33132
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14 1St Ave Miami, FL 33132
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