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Financial
Distress signals
Property profile

139 1st St Miami, FL 33132

OFF-MARKET
Office buildings
Property ID
US18-0243771
43,430 SF 0.17 ac lot Built 1927
Last sale Nov 2015 · $2,024,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Dade-Commonwealth Building is a historic mixed-use property completed in 1927, featuring seven stories with approximately 6,000 square feet of office space per floor. The interior configuration includes a retail level and six office levels, with common areas noted for improvements including the lobby, elevator landings, stairways, and upper-level bathrooms. The building is located at 139 NE 1st St in Downtown Miami and is designated under T6-80-O mixed-use zoning. Historic Preservation…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$85k
Tax billed · 2023
Assessed value$5.28M
Assessed land$5.25M
Assessed improvement$32k
Effective rate1.61%

Value estimate

· Oct 2026
$24.71M
$22.23M – $27.18M
CAP approach$20.45M
Submarket $/SF estimate$29.30M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,841/SF
ZIP average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$579 – $3,153

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
6401:COMMERCIAL
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat11.5
Shoe Repair9.1
Bike Shop7.7

Location

139 1st St Miami, FL 33132-2527
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
261 1st, Miami, FL 33132-2515 $2,250,000 Feb 2024 40,372 SF
1400 Biscayne, Miami, FL 33132 $57,700,000 Aug 2023 249,978 SF
111 1st St, Miami, FL 33132-2517 $1,050,000 May 2022 7,210 SF
141 3rd, Miami, FL 33132-2207 $25,000,000 Apr 2022 55,431 SF
256 19th, Miami, FL 33132 $20,000,000 Jan 2022 16,935 SF
120 1st, Miami, FL 33132-2502 $29,500,000 Jan 2022 89,994 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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