Property profile

1 1st St Miami, FL 33132

OFF-MARKET
Community centers
Property ID
US18-2838744
225,054 SF 0.77 ac lot Built 1926
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a food and beverage space located in Miami Shores, configured for restaurant and bar use. It is fully built out with interior and outdoor seating areas, including an equipped bar designed for on-site service. The space includes two ADA-compliant restrooms, a permitted grease trap, and a security system with installed cameras. The infrastructure and layout are already established to support quick restaurant or café operations, with suitability for concepts such as a wine bar, café, chef-driven restaurant, or gourmet market. Real estate ownership is not included in the described offering.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1926
Construction CONCRETE
Total area 225,054 SF
Lot 0.77 ac (33,750 SF)
Zoning code 6401:COMMERCIAL
APN 01-0110-050-1060
UPID US18-2838744

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall
  • (Bike/Boat/Book/etc) Store
  • Wedding Service Event Planning
  • (Bike/Boat/Book/etc) Store
  • Car Dealership

Location

1 1st St Miami, FL 33132-2433
Miami metro Census 3704 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$20.63M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$20.63M

Owner & transaction history

since 2024
Last sale
$20.6M
7 recorded transactions
2024
$20.6M
2020
Price N/A
2018
$9.4M
2018
$1.3M
2018
$3.8M
2018
$4.1M
2008
Price N/A

Zoning & alternative use

6401:COMMERCIAL · Miami, FL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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