Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    46 1St St Miami, FL 33130

    For Lease
    $18 SF/Yr

    Prime location, flexible lease terms, 22,617 sqft

    Lot size:
    22,617 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Commonwealth Building, located at 46 SW 1st Street in Miami, Florida, offers a diverse range of office spaces ideal for various business needs. This four-story, Class C building, totaling 22,617 square feet, sits on a 0.13-acre lot and was constructed in 1962, with renovations completed in 1983. Currently, there are two available spaces totaling 5,772 square feet, perfect for businesses seeking short-term leases. The building caters to multiple tenants and offers traditional office, coworking, creative office, and executive office space options. Its prime downtown Miami location provides unparalleled convenience, situated just north of the I-95 northbound ramp, parallel to Southwest 1st Street. The building's proximity to key locations such as the Dade County Courthouses, the Federal Building, and the Metro Mover ensures easy access to government services and public transportation. Furthermore, its short distance from Brickell City Centre, Miami-Dade Arena, Bayfront Park, and Brightline Virgin Miami Central Station offers employees and clients a vibrant and accessible urban environment. This property presents a unique opportunity for businesses seeking a well-located and adaptable workspace in the heart of Miami.

    Property Features for 46 1St St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,617 SF
    Class
    C
    Total Rate
    34867.88

    Building Details

    Year Built/Renovated
    1962/1983
    Stories
    4

    Unit(s) available at that property

    Space
    Complete 3rd Floor
    Size
    5,772 SF
    Rate per SF
    $18
    Space
    Complete 4th Floor
    Size
    5,772 SF
    Rate per SF
    $18

    HighLights

    • Class C, four‑story office building totaling 22,617 square feet.
    • Located at 46 SW 1st Street, Miami, FL, on a 0.13‑acre lot.
    • Built in 1962, renovated in 1983; 5,772 square feet of office space currently available for short‑term lease.
    • Prime downtown Miami location near I‑95, courthouses, and public transportation.
    • Offers diverse space options including traditional, co‑working, creative, and executive suites.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Friedman Jed R Attorney The Long Distance Moving ... Mover Tesla Solar Solar Energy Equipment Supplier A1 Long Distance ... Mover Elegant Ira M Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1944504
    Latitude
    25.7730377

    Nearby Similar for Lease

    • $120 SF/Yr

      Luxury Brickell Office with Terrace

      Sophisticated 4,768 SF office space with bay view terrace.
      1300 Brickell Bay Dr, Miami, FL 33131
      View Details
    • $30,000

      Renovated Corner Office Suite, Miami

      Prestigious corner office in Miami's financial district with city views.
      1110 Brickell Ave, Miami, FL 33131
      View Details
    • $15,000 /Mo
      10,049 SF

      Calle Ocho Commercial Space Available

      Prime commercial space on Calle Ocho with high visibility.
      6445 SW 8Th St, Miami, FL 33144
      View Details
    • $22,500

      Renovated Retail/Office Building on Calle Ocho

      4,900 SF renovated corner building with parking on Calle Ocho.
      4725 SW 8Th St, Miami, FL 33134
      View Details
    • $35 SF/Yr

      North Miami Office Space Available

      9,370 SF office space for rent in North Miami.
      12550 Biscayne Blvd, Miami, FL 33181
      View Details
    • $12,500 /Mo

      Renovated Office Space on Brickell

      Professionally designed office suite in prime Brickell location for rent.
      1110 Brickell Ave, Miami, FL 33131
      View Details

    FAQs

    What type of property is this?
    Office space - Prime location, flexible lease terms, 22,617 sqft
    Where is this office space located?
    The property is located at 46 1St St Miami, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Class C, four-story office building totaling 22,617 square feet.; Located at 46 SW 1st Street, Miami, FL, on a 0.13-acre lot.; Built in 1962, renovated in 1983; 5,772 square feet of office space currently available for short-term lease.
    Request Owner's contact information
    46 1St St Miami, FL 33130
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    46 1St St
    Miami, FL 33130
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    46 1St St Miami, FL 33130
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.