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Off Market
1/3

151 SE 1st St
Miami, FL 33131


HIGHLIGHTS

  • BUILD TO SUIT
  • PRICED BELOW REPLACEMENT COST
  • HIGHLY VISIBLE CORNER WITH PANORAMIC URBAN VIEWS
  • 12+ FEET CEILING HIGH FROM SLAB TO SLAB
  • sIGNAGE OPPORTUNITIES IN STORE FRONT ENTRANCE AND GLASS FAÇADE
  • WALKABILITY SCORE 99%

OVERVIEW

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

FOR SALE DETAILS

PRICE

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CAP RATE

-

% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Centro Offices - CU 2, CU 3, CU 5

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

14661

STORIES

3

BUILDING CLASS

B

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

0.42 AC AC

LAND SF

18,295 SF

ZONING

-

APN/PARCEL ID

01-4138-153-0010