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14 1St Ave Miami, FL 33132

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For Sale
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Prime Downtown Miami Office, High NOI

Property size:
1,100 SF

Property Features for 14 1St Ave

General Information

Property type
Office Properties & Spaces
Square Feet
1,100 SF
Class
A

Building Details

Units
1

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Listing Contact
Fabio Faerman, Ccim
Fabio Faerman, Ccim

Listing Agency: FA Commercial Listing Agent: Fabio Faerman, Ccim

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional Class A office condo, Unit 1209 at One Flagler, offers 1,100 square feet of meticulously maintained space in Miami's Central Business District. Located at 14 NE 1st Ave, Miami, FL 33132, this single-tenant property boasts a strong net operating income (NOI) of $32,450, with a current occupancy rate of 100%. The asking price is $495,000, translating to $450 per square foot. The property features a modified lease with a 5-year term and 4% annual rent increases. Annual real estate taxes are $5,689, and the monthly HOA fee is $850. Expenses total $15,925 annually. This investment opportunity is ideally situated near premium restaurants and leisure destinations in Downtown Miami and Brickell, surrounded by significant developments such as Miami World Center, Waldorf Astoria, and Aston Martin Residences. The property's mid-century modern design adds to its appeal. This is a turnkey investment ready for immediate income generation. The property is in Miami-Dade County.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Vid Music Group Music Venue Credit Glory Credit ... Financial Advisor Puerto Viejo Wines, ... Importer Psyche Inspirational, LLC Physician Dr. Ivette J. ... Physician

Suggested Use

Restaurant Dental Office Spa & Massage Center Hair Salon Real Estate Agency Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.1921706
Latitude
25.7744312

FAQs

What type of property is this?
Office Property / Space - Prime Downtown Miami Office, High NOI
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 $495,000.
What are key features of this property?
This property features: Class A office condo, 1,100 SF, in Miami's Central Business District.; 5-year lease with 4% annual rent increases.; Annual property taxes: $5,689; HOA: $850/month; Net Operating Income (NOI): $32,450; Annual Expenses: $15,925.
(786) 262-9966 Call to check price and availability
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