168 1St St Miami, FL 33131
- Office buildings
- 5,051 SF
Current Use by Public Records
- Travel Business / Travel Agency / Tourist Information Center
- Xiu Steel - Borox Group / Steel Distributor
- American Executive International / Travel Agency
- Avance International Capital / Financial Consultant / Investment Bank
- Niurka Mustafá - 305 Realty Group / Real Estate Agency
Property Details for 168 1St St
- Year built
- 1925
- Property size
- 5,051 SF
- Zone code
- 6401:COMMERCIAL
- Property type
- Office buildings
- APN
- 01-4138-039-0130
- APU
- 141380390130
Description
This exceptional single-tenant office space, located at 168 SE 1st St #700, offers 1,200,000 square feet of prime office area in the historic Huntington Building. Boasting spectacular Downtown Miami views, this property presents a unique opportunity to secure a highly competitive lease in a prestigious location. The space features abundant natural light, concrete floors, and unobstructed views of the city skyline. The building provides 24/7/365 access and central air conditioning, ensuring convenience and comfort. Its central location offers unparalleled accessibility, with easy walking distance to the Financial District, courthouses, hotels, banks, and a wide array of popular restaurants. Ample parking and valet services are readily available. The property is zoned 6401 and its APN is 01-41-38-039-0070. This is a single-suite office building with a total of one suite. This remarkable space is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $275,000
- 7%
- $265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $275,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $240,000
- Mixed-Use
- $305,000
- Hospitality
- $240,000
- Educational
- $245,000
- Residential Income
- $280,000
- Energy
- $285,000
- Income-Based Land
- $315,000
- Food Service
- $285,000
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-dade
- State
- Florida
- Longitude
- -80.1905
- Latitude
- 25.7732
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA