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14 NE 1st Ave - One Flagler 1,158 SF Office Condo Unit Offered at $425,000 in Miami, FL 33132

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INVESTMENT HIGHLIGHTS

  • Great Central Location
  • Lots of Natural Light

EXECUTIVE SUMMARY

One Flagler is an office condo building that has been fully renovated. It is located in the heart of Downtown Miami and on Flagler Street which is currently being renovated by the City of Miami.

PROPERTY FACTS

Total Building Size 147,100 SF
Property Type
Office (Condo)
  • Office Office Residential
Building Class B
Floors 15
Typical Floor Size 15,600 SF
Year Built 1952
Lot Size 4.59 AC
Parking Ratio 0.07/1,000 SF
Zoning T6-80-O, 6401 - Commercial - Office Condo

AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Conferencing Facility
  • Property Manager on Site
  • Kitchen
  • Reception
  • Roof Terrace
  • Air Conditioning
  • Balcony

1 UNIT AVAILABLE

Unit 300

Unit Size 1,158 SF
Price $425,000
Price Per SF $367.01
Condo Use Office
Sale Type Investment or Owner User
Cap Rate 5.59%
NOI $23,750
APN/Parcel ID 01-4137-074-0240
DESCRIPTION

Great renovated corner office with formal reception area, three offices, one conference room, storage room and kitchenette. Office has floor to ceiling windows, exposed ceilings and wood floors.

SALE NOTES

Unit is currently being leased at $3,450 monthly by law firm that has been there for about 7 years. Lease expires end of November. Tenant is willing to renew for an additional year.

Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32642159

  • Date on Market: 7/31/2024

  • Last Updated:

  • Address: 14 NE 1st Ave, Miami, FL 33132

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