Entity Owned Property summary
The Commonwealth Building, located at 46 SW 1st Street in Miami, Florida, offers a diverse range of office spaces ideal for various business needs. This four-story, Class C building, totaling 22,617 square feet, sits on a 0.13-acre lot and was constructed in 1962, with renovations completed in 1983. Currently, there are two available spaces totaling 5,772 square feet, perfect for businesses seeking short-term leases. The building caters to multiple tenants and offers traditional office,… coworking, creative office, and executive office space options. Its prime downtown Miami location provides unparalleled convenience, situated just north of the I-95 northbound ramp, parallel to Southwest 1st Street. The building's proximity to key locations such as the Dade County Courthouses, the Federal Building, and the Metro Mover ensures easy access to government services and public transportation. Furthermore, its short distance from Brickell City Centre, Miami-Dade Arena, Bayfront Park, and Brightline Virgin Miami Central Station offers employees and clients a vibrant and accessible urban environment. This property presents a unique opportunity for businesses seeking a well-located and adaptable workspace in the heart of Miami.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 22,950 SF
- Lot area
- 0.13 ac
- Year built
- 1962
- Stories
- 4
- APN
- 01-0112-040-1070
- Zoning
- 6401:COMMERCIAL
- Assessed value · 2023
- $3,965,000
- Annual tax · 2023
- $83,359
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 30 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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