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    168 1St St Miami, FL 33131

    For Lease
    $0.05 SF/Yr

    Historic Charm, Modern Convenience, Prime Location

    Lot size:
    4,966 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional single-tenant office space, located at 168 SE 1st St #1200 in Miami, FL 33131, offers 4,966 square feet in a beautifully preserved historic building. Situated in the heart of Downtown Miami, just two blocks from the Brickell Financial District and a one-minute drive from the expressway, this property boasts an unbeatable location. The zoning is 6401, and the APN is 01-41-38-039-0121. The building itself is a one-story structure, encompassing a single building with zero suites. This versatile space is perfect for businesses of all sizes, from startups to established firms and creative studios. The layout is adaptable

    Property Features for 168 1St St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,966 SF

    Building Details

    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    1200
    Size
    4,966 SF
    Rate per SF
    $0.05

    HighLights

    • 4,966 SF single‑tenant office space in a historic building at 168 SE 1st St #1200, Miami, FL 33131.
    • Prime Downtown Miami location, two blocks from Brickell, one minute from the expressway.
    • Zoning: 6401, APN: 01‑41‑38‑039‑0121.
    • One‑story building, single tenant occupancy.
    • Adaptable layout suitable for various business types.
    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 - Historic Charm, Modern Convenience, Prime Location
    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 $0.05 SF/Yr.
    What are key features of this property?
    This property features: 4,966 SF single-tenant office space in a historic building at 168 SE 1st St #1200, Miami, FL 33131.; Prime Downtown Miami location, two blocks from Brickell, one minute from the expressway.; Zoning: 6401, APN: 01-41-38-039-0121.
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    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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