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Financial
Distress signals
Property profile

39 1st Ave Miami, FL 33132

OFF-MARKET
Outlet malls
Property ID
US18-4242217
8,100 SF 0.17 ac lot Built 1910
Last sale Mar 2007 · $3,180,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional five-story, 19,491 square foot commercial property, built in 1910 and renovated in 2022, is located at 39 NE 1st Ave, Miami, FL 33132. The building sits on a 0.17-acre lot (75,000 sq ft) and offers a variety of workspace options, including traditional office suites, executive offices, and coworking spaces. Currently, there are 21 spaces available, ranging from 50 to 152 square feet. The building features a single traction elevator and one parking space. Its T6 zoning allows…

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?
$71k
Tax billed · 2023
Assessed value$5.52M
Assessed land$5.25M
Assessed improvement$274k
Effective rate1.29%

Value estimate

· Oct 2026
$7.44M
$6.69M – $8.18M
Submarket $/SF estimate$6.82M

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,491/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$564 – $3,885
Qualifying comparables12

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

39 1st Ave Miami, FL 33132-2424
County assessor Recorded deeds · 5 transfers 12 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1925 2nd, Miami, FL 33132-1005 $12,000,000 Jan 2024 6,775 SF
1016 2nd, Miami, FL 33132-1713 $40,500,000 Dec 2022 26,946 SF
101 2nd, Miami, FL 33132-2510 $6,000,000 Apr 2022 9,539 SF
1317 Miami, Miami, FL 33132 $8,850,000 Mar 2022 21,250 SF
173 1st, Miami, FL 33132-2501 $16,875,000 Jan 2022 29,702 SF
150 8th, Miami, FL 33132-1868 $6,889,100 Dec 2018 119,292 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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