14 NE 1st Ave #507, Miami, FL 33132
14 NE 1st Ave #507, Miami, FL 33132
14 NE 1st Ave #507, Miami, FL 33132
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$849,000
Est. payment /mo
1,933 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 1,933 sqft

Price per Sqft $439

MLS Listing ID A11912123

HOA Y/N No

Year Built 1952

Annual Tax Amount $11,275

Tax Year 2024

Lot Size 1,933 Sqft

Property Sub-Type Office

Property Description

Prime corner office suite located on the 5th floor of the prestigious One Flagler Building, in the heart of Downtown Miami.
This unique space is composed of three connected offices, offering flexibility and abundant natural light with panoramic city views.
Currently leased through April 2027 at $5,700/month, generating $68,400 per year in rental income.
At a sale price of $849,000, this property offers an attractive net return of approximately 8%, making it an excellent income-producing investment in one of Miami's most iconic and centrally located office buildings.
Steps from Brickell, the Courthouse, and major financial institutions.

Location

State FL

County Miami-dade

Area 41

Interior

Flooring Laminate

Exterior

Roof Type Concrete

Private Pool Yes

Building

Story 1

Level or Stories One

Structure Type Block

Others

Tax ID 01-41-37-074-0610

Ownership Corporation

Security Features Fire Sprinkler System,Smoke Detector(s),Security Guard

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11912123


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by EXP Realty LLC

Nearby Locations

Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL, 33331

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14 NE 1st Ave #507