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    200 1St St Miami, FL 33131

    For Lease
    $0.05 SF/Yr

    11,800 SF, Class A, Full Floor Penthouse

    Lot size:
    11,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional Class A executive office suite, totaling 11,800 square feet, occupies an entire floor in a twelve-story building at 200 SE 1st Street, Miami, FL 33131. The single-tenant space is ideally situated in the heart of Downtown Miami, offering unparalleled convenience and accessibility. The property boasts 20 enclosed private offices, two expansive open work areas perfect for collaborative projects, a formal conference room, a boardroom for executive meetings, a dedicated IT room, and a large, well-equipped kitchen. The building is zoned 6401 (APN: 01-01-12-000-2040). Its central location provides easy walking access to major financial institutions, federal and county courts, and a vibrant array of restaurants and hospitality venues. Public transportation, Brickell, I-95, Midtown, and the Miami airport are all within minutes. The existing furniture is negotiable and can remain or be removed to suit the new tenant's needs. A separate office within the suite is available for sublease, offering additional flexibility. While parking is not available on-site, the building's prime location mitigates this with readily available public transportation and nearby parking options. This prestigious full-floor penthouse presents a unique opportunity for a discerning business seeking a sophisticated and highly functional workspace in the dynamic center of Miami.

    Property Features for 200 1St St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,800 SF
    Class
    A

    Building Details

    Buildings
    1
    Stories
    12

    Unit(s) available at that property

    Space
    PH12
    Size
    11,800 SF
    Rate per SF
    $0.05
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tri-R Lighting d/b/a ... Landscape Lighting Designer Homeowner Legal Solutions ... Attorney Space Coast AC ... Air Conditioning Contractor The Spot Barbershop - Downtown ... Barber Shop International Success Institute University

    Suggested Use

    Restaurant Dental Office Spa & Massage Realty agency Hair Salon 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
    -80.1899214
    Latitude
    25.7732153

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    FAQs

    What type of property is this?
    Office Property Space - 11,800 SF, Class A, Full Floor Penthouse
    Where is this office property space located?
    The property is located at 200 1St St Miami, FL.
    What is the lease rate?
    The lease rate is $0.05 SF/Yr.
    Request Owner's contact information
    200 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
    200 1St St Miami, FL 33131
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