14 NE 1st Ave - Office CONDO FOR SALE


Miami, FL 33132- City Center Miami
$425,000-$625,000 USD
305-796-2271
14 NE 1st Ave, Miami, FL for Sale
$425,000-$625,000 USD
Office CONDO - FOR SALE
1/129
1,158-1,484 SF | 5.59% Cap Rate

14 NE 1st Ave
Miami, FL 33132
City Center Miami


HIGHLIGHTS

  • Great Central Location
  • Ample Natural Light

OVERVIEW

The unit is currently leased at $3,550 per month to an established law firm that has occupied the space for nearly 10 years, providing stable and reliable tenancy. The current lease expires at the end of November, with the tenant historically renewing on a year-to-year basis. This makes the property an excellent opportunity for investors seeking immediate rental income while benefiting from the continued growth, redevelopment, and appreciation of Downtown Miami driven by the area’s ongoing wave of new residential, commercial, and mixed-use projects. At the same time, the flexible lease structure also creates an ideal opportunity for a future owner-user looking to secure a well-located office space for their own business operations in one of Miami’s most rapidly evolving urban markets.

FOR SALE DETAILS

PRICE

$425,000-$625,000 USD

CAP RATE

5.59%

# OF UNITS

2

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

One Flagler

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

147,100 SF

STORIES

15

BUILDING CLASS

B

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

4.59 AC

LAND SF

199,940 SF

ZONING

T6-80-O, 6401

APN/PARCEL ID

01-4137-074-0001,01-4137-074-0010,01-4137-074-0390,01-4137-074-0400,01-4137-074-0540,01-4137-074-0550,01-4137-074-0560,01-4137-074-0580,01-4137-074-0860,01-4137-074-0870

ASK ABOUT THIS PROPERTY

Uccio ZecchiniBZG InternationalMore Info
305-796-2271

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Uccio ZecchiniBZG InternationalMore Info
305-796-2271

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.