For Sale
$474,000

168 1St St Miami, FL 33131

Prime Office, Vacant, High Cap Rate

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional 1,660 square foot office space is available for sale in the prestigious Huntington Building, located in the heart of downtown Miami, Florida. Situated on the 12th floor of a 13-story building, this single-unit, Class B office boasts a versatile layout, perfect for a variety of professional uses. Currently vacant, this property presents a unique investment opportunity with a 6.87% cap rate and a pro-forma NOI of $32,548. The asking price is $474,000. The space features eight individual offices, a conference room, and one bathroom. The property is zoned 6401 COMMERCIAL and sits on a 1,660 square foot lot (APN: 01-4138-039-0120). The HOA fee is $685.13 monthly and includes water; electricity costs are an additional $104.64 per month. The building has recently undergone renovations and meets all Miami building code requirements. This location offers unparalleled access to downtown Miami's vibrant business district, making it an ideal choice for businesses seeking a prestigious and convenient address. The property is offered as a net-net lease. While a rental option of $4,000 per month or $2,100 per half is available, this listing focuses on the sale of the property.

Highlights

  • $474,000 asking price for a 1,660 SF Class B office condo in Miami, FL.
  • Located in the Huntington Building, a recently renovated building in downtown Miami.
  • 12th-floor unit with eight offices, one conference room, and one bathroom.
  • Vacant, offering a 6.87% cap rate and a pro-forma NOI of $32,548.
  • NN lease type, single-tenant occupancy.
  • APN: 01-4138-039-0120.

Property Details for 168 1St St

Property type
Office properties, Medical offices
Square Feet
1,660 SF
Class
B
Buildings
1
Stories
13
Units
1

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7732425
Longitude
-80.1904924

Nearby Similar for Sale

  • For Sale
    $125,000

    Prime Miami Chiropractic Practice

    Established practice, high patient base, turnkey operation.

    Established Chiropractic Medical Practice For Sale
    Miami, FL
    View Details
  • For Sale
    $1,750,000

    Biscayne Blvd Office Condo Suite

    Luxury Miami Office Condo, 3,012 sq ft

    Biscayne Blvd
    Miami, FL
    View Details
  • For Sale
    $3,999,999

    Grand Avenue Coral Gables Assemblage

    Prime Mixed-Use Investment Opportunity in Coconut Grove

    3710 Grand Ave
    Coral Gables, FL
    View Details
  • For Sale
    $1,000,000

    Prime Medical Office Building in Miami

    Profitable Clinical Research Center - $1M

    10700 Caribbean Rd
    Cutler Bay, FL
    View Details
  • For Sale
    $7,985,000

    Olympic Building: North Miami Beach

    Prime HQ, redevelopment potential.

    951 167Th St
    North Miami Beach, FL
    View Details
  • For Sale
    $519,000

    Downtown Dadeland Office Suite

    Prime Kendall Office, 1367 SF, Vacant

    8950 74Th Ct
    Kendall, FL
    View Details

FAQs

What type of property is this?
Office property - Prime Office, Vacant, High Cap Rate
Where is the office property located?
The property is located at 168 1St St Miami, FL.
What is the asking price?
The asking price for this property is $474,000.
What are key features of this property?
This property features: $474,000 asking price for a 1,660 SF Class B office condo in Miami, FL.; Located in the Huntington Building, a recently renovated building in downtown Miami.; 12th-floor unit with eight offices, one conference room, and one bathroom.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].

Contacts

Mario Frech
Mario Frech
Visit Broker Website

Learn more

Useful Information

Request information

1St St
Miami, FL 33131

Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.

1St St
Miami, FL 33131

Message sent successfully
Error

Email this Information

Link copied to clipboard
Message sent successfully
Error

Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

168 1St St
  • Mario Frech
    Mario Frech
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message

Sign Up

Already
a member?
By creating an account, you agree to
the Terms of service and acknowledge Privacy policy.

Just one more step, let’s verify your email

We have sent a verification link to

Please check your inbox to complete the process. Just click on the link in that email to complete your Sign up. If you don’t see it, you may need to check your spam folder.

Email verification link expired

It seems that the verification link has expired. No worries! We can send you a new link to

Log In

Don't have
an account?
Forgot password?

Reset your password

New to
Paperhouses?

Enter the email address associated with your account and we'll send you a link to reset your password.

Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
New to Paperhouses?

Check your email

We've resent password reset instructions to if it is an email on file.

Please check again. If you still haven't received an email, try a different email.

Check your email

Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password. If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.