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    168 1St St Miami, FL 33131

    For Lease
    $0.30 SF/Yr

    Modern office, prime location, ample natural light.

    Lot size:
    120,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional single-tenant office space, part of the Huntington building, offers 1,100 square feet of beautifully designed workspace. The interior boasts abundant natural light, attractive wood floors, and a functional layout including two smaller offices, a conference room, a waiting area, and a kitchenette. The building itself is situated in the heart of the downtown area, providing unparalleled convenience. Its prime location offers immediate proximity to Whole Foods Market, various banking institutions, and Centro. The building's zoning is classified as 6401 (APN: 01-41-38-039-0051). This specific unit is within a larger building encompassing a total of 120,000 square feet and comprises only one suite. A smaller, 770-square-foot office space on the same floor is also available for lease at a monthly rate of $2,000. This presents a unique opportunity for businesses seeking a modern, well-located office in a vibrant downtown setting. The building's central location and proximity to amenities make it an ideal choice for companies seeking a high-profile address and convenient access to essential services.

    Property Features for 168 1St St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    120,000 SF

    Unit(s) available at that property

    Space
    501
    Size
    120,000 SF
    Rate per SF
    $0.30

    HighLights

    • Class A Office Building, Single‑Tenant Occupancy
    • 120,000 square foot building
    • Zoned 6401, APN 01‑41‑38‑039‑0051
    • Modern office space with abundant natural light and wood floors.
    • Downtown location near Whole Foods Market and banks.
    • Adjacent to Centro.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Dental Office Spa & Massage Restaurant Realty agency Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.190533
    Latitude
    25.7732047

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    FAQs

    What type of property is this?
    Office Property / Space - Modern office, prime location, ample natural light.
    Where is this office property / space located?
    The property is located at 168 1St St Miami, FL.
    What is the lease rate?
    The lease rate is $0.30 SF/Yr.
    What are key features of this property?
    This property features: Class A Office Building, Single-Tenant Occupancy; 120,000 square foot building; Zoned 6401, APN 01-41-38-039-0051
    Request Owner's contact information
    168 1St St Miami, FL 33131
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    Miami, FL 33131
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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
    168 1St St Miami, FL 33131
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