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Property profile & analytics

40 1st St Miami, FL 33128

  • Parking lots & garages
  • 0.26 lot acres
OFF-MARKET
Value Estimation
Location Intelligence
Property ID
US18-4991569
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Miami Luxury Homes for Sale / Industrial Real Estate Agency
  • 40 SW 1st St Parking / Parking Lot
  • City National Bank / Parking Lot

Property Details for 40 1st St

Year built
1966
Lot size
0.26 lot acres
Zone code
6401:COMMERCIAL
Property type
Parking lots & garages
APN
01-0111-050-1040
APU
101110501040

Description

This exceptional 900-square-foot office suite, located in a beautifully preserved building in Miami-Dade County, presents a unique opportunity for a single tenant. Built in 1915 and extensively renovated in 2003, the property boasts classic architectural details blended seamlessly with modern amenities. The suite is situated on the 7th floor and offers a traditional office layout ideal for a variety of professional uses. While the building does not offer on-site parking, the convenient downtown location provides easy access to public transportation and numerous nearby parking options. The building features elevators for convenient access to all floors. The property is zoned T6-80-O, ensuring compliance with Miami-Dade County regulations. The single-tenant occupancy provides privacy and control over the space. This meticulously maintained building offers a blend of historical charm and contemporary functionality, making it an attractive option for businesses seeking a prestigious and efficient workspace in a vibrant urban setting. The property's unique character and prime location make it a highly desirable asset. The building identification number (APN) is 01-0111-060-1020. This is a rare opportunity to secure a well-maintained, historically significant office space in a thriving downtown area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Miami
County
Miami-dade
State
Florida
Longitude
-80.1945
Latitude
25.7749
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$120,658
$7,840,000
$9,240
$7,849,240
-
$7,840,000
$9,240
$7,849,240
More about this property
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