Financial
Distress signals
Property profile

261 1st St Miami, FL 33132

OFF-MARKET
Office buildings
Property ID
US18-2609789
40,372 SF 0.15 ac lot Built 1982
Last sale Feb 2024 · $2,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is configured as office space for leasing, offering approximately 6,750 square feet of interior area. It is located in downtown Miami.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$85k
Tax billed · 2023
Assessed value$4.74M
Assessed land$4.73M
Assessed improvement$10k
Effective rate1.80%

Value estimate

· Sep 2026
$2.25M
$2.03M – $2.48M
AI approach$2.25M

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

261 1st St Miami, FL 33132-2515
County assessor Recorded deeds · 14 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1400 Biscayne, Miami, FL 33132 $57,700,000 Aug 2023 249,978 SF
1801 2nd, Miami, FL 33132-1000 $6,208,100 Sep 2022 7,111 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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