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    245 1St St Miami, FL 33131

    • Retail properties
    For Sale
    View listing
    $84,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Betoland Miami, Inc / Clothing Store / Perfume Store
    • BALDAN, Inc / Home Theater Store
    • We Insure / Auto Insurance Agency
    • Lake Philmore / Attorney
    • Endoscopy Solutions / Medical Equipment Supplier

    Property Details for 245 1St St

    Property type
    Retail properties
    Property subtype
    Retail space

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1894
    Latitude
    25.7736

    Comparable in this City

    • Value Estimation by Request

      941 Brickell Ave

      Individual retail properties
      941 Brickell Ave, Miami, FL 33131
      View Details
    • Value Estimation by Request
      196 SF

      1200 Brickell Bay Dr, Unit 58

      RETAIL STORES (PERSONAL SERVICES) • 196 SF
      1200 Brickell Bay Dr, Miami, FL 33131-3251
      View Details
    • Value Estimation by Request
      496 SF

      1200 Brickell Bay Dr, Unit 69

      RETAIL STORES (PERSONAL SERVICES) • 496 SF
      1200 Brickell Bay Dr, Miami, FL 33131-3251
      View Details
    • Value Estimation by Request
      207 SF

      1200 Brickell Bay Dr, Unit 25

      RETAIL STORES (PERSONAL SERVICES) • 207 SF
      1200 Brickell Bay Dr, Miami, FL 33131-3251
      View Details
    • Value Estimation by Request
      156 SF

      1200 Brickell Bay Dr, Unit 47

      RETAIL STORES (PERSONAL SERVICES) • 156 SF
      1200 Brickell Bay Dr, Miami, FL 33131-3251
      View Details
    • Value Estimation by Request
      138 SF

      1200 Brickell Bay Dr, Unit 51

      RETAIL STORES (PERSONAL SERVICES) • 138 SF
      1200 Brickell Bay Dr, Miami, FL 33131-3251
      View Details

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      Profitable store with loyal clientele and second-floor storage.
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      Stunning waterfront retail space, ideal for restaurants in Brickell.
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      Waterfront Restaurant/Retail Opportunity on Brickell

      8,253 SqFt commercial condo for sale or lease.
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    Similar Nearby for Lease

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      3,504 SF

      Downtown Miami Retail/Restaurant Space

      Retail and restaurant spaces available in Downtown Miami.
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      Prime Downtown Miami Retail Space

      High-visibility retail space in a prime downtown Miami location.
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      Prime Retail Space in Brickell

      New retail space in a Class A+ Brickell office building.
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      Downtown Miami Retail/Restaurant Space

      Class-A retail and restaurant spaces in downtown Miami.
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      674 SF

      Downtown Retail Space For Rent

      Retail space in the heart of Downtown Miami.
      225 SE 2Nd St, Miami, FL 33131
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    • $56 SF/Yr
      171,000 SF

      1101 Brickell Office Space

      Prime Miami Brickell Office Suites
      1101 Brickell Ave, Miami, FL 33131
      View Details
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    245 1St St
    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
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