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Financial
Distress signals
Property profile

600 1st Ave Miami, FL 33132

OFF-MARKET
Commercial land
Property ID
US18-6130680
2,627 SF 0.25 ac lot Built 2016
Last sale Sep 2011 · $21,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 130,000 square foot mixed-use property, located at 600 NW 1st Ave in Downtown Miami's vibrant core, presents a unique investment opportunity. Currently 100% vacant, this prime location offers 16 available spaces ranging from 0 to 26,000 square feet, ideal for a variety of retail and restaurant concepts. The property boasts a prime location within Miami Central, a dynamic six-block development serving as a central hub for business, leisure, dining, and transportation. Benefit…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$79k
Tax billed · 2023
Assessed value$4.86M
Assessed land$4.86M
Effective rate1.64%

Value estimate

· Oct 2026
$745k
$671k – $820k
AI approach$555k
CAP approach$955k
Submarket $/SF estimate$721k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$739/SF
Submarket average, outlier-cleaned · 664 recorded sales of this use type
Observed band · Q1–Q3$245 – $1,493
Qualifying comparables10

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?
6412
JurisdictionDADE

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service10.6
Veterinary Clinic10.5
Laundromat10.4

Location

600 1st Ave Miami, FL 33132-1803
County assessor Recorded deeds · 6 transfers 10 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
60 11th, Miami, FL 33132-1724 $8,141,000 Mar 2025 6,225 SF
54 2nd, Miami, FL 33132-2104 $750,000 Mar 2023 776 SF
1700 4th, Miami, FL 33132 $49,000,000 May 2022 2,048 SF
61 9th, Miami, FL 33132-1714 $4,450,000 May 2022 5,478 SF
1900 Biscayne, Miami, FL 33132-1025 $36,000,000 Jan 2022 10,629 SF
1820 4th, Miami, FL 33132 $28,224,200 Dec 2019 2,266 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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