GP Global Group and AG Commercial Real Estate Advisors are pleased to offer the opportunity to acquire this unique and impressive three story office condominium in CENTRO, one of Downtown Miami’s most Iconic buildings. This 14,662 square foot corporate office condo is part of a mixed-use development with 352 residential units, and three retail spaces, including Ocean Bank’s downtown Miami branch and an Italian coffee shop. The Centro Miami building is located at 151 SE 1st Street, Miami, FL 33131, right in the center of Downtown Miami. Undoubtedly, there is no better connectivity to all of the greater Miami area than this property. This is the premier location to a work, live and entertain. Incredible opportunity to own your corporate office by taking advantage of highly discounted prices, low maintenance cost and historically low interest rates. When running a buy vs lease analysis for CENTRO CORPORATE, the benefits of owning are clear. Simply put, from the cash on cash perspective, makes more financial sense to buy than lease. This is without taking into consideration any tax benefits and potential appreciation.
The property boasts its own private street level entrance with a designated area for reception desk and visitor screening. A private elevator provides access to the second and third levels of office space, that can be used by a single tenant, or easily adapted for a multi-tenant scenario. This is a white blank canvas 14,662 square foot tri-level corporate office space, perfect for the owner user looking for value, design, and exceptional corporate location. With its expansive 12+ foot slab to slab ceiling heights and floor to ceiling hurricane impact resistant windows, the space provide tremendous natural light and a highly sought after open, spacious layout. The private, dedicated elevator that services the entry foyer and both upper levels of office space is a rare feature that will create the unique sense of privacy and exclusivity. Signage within the entry foyer and upper levels will allow for extremely valuable branding opportunities that will target the ever increasing street-level activity in Downtown. The residential common amenities are open to the corporate office users. The spaces are welcoming with finishes that echo Downtown’s edge while still delivering Miami’s signature atmosphere.
Address: 151 SE 1st Street, Miami, Florida, 33131
Number of Stories: Three
Year Built: 2016
Folios #: CU-3 (01-4138-153-3550) & CU-5 (01-4138-153-3570)
Zoning: Central Business District
Common Area Factor: 18%
Total Square Footage: 14,662 RSF
Ground Floor: 523 RSF
Second Floor: 4,899 RSF
Third Floor 9,239 RSF
Utilities: Electric, separately metered