40-46 NE 1st Ave | Miami, FL 33132
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- LoopNet Team
40-46 NE 1st Ave
Miami, FL 33132
WPM Building · Office Property For Sale
Investment Highlights
- Located in the Heart of Downtown, the Miami CBD. Walking Distance to Brickell, The Court House, AA Arena, World Center.
- Offers fully cash flowing retail of 3,743 SF that generates a net operating income of $160,581 per year with increases.
- Adjacent to the Seybold Jewelry Building and Across the street from Metro Mall which is undergoing a $35 Million renovation.
- Walking distance to Brickell City Center, American Airlines Arena. Bayfront Park, and Brightline Virgin Miami Central Station.
- Across the street from the Miami Post Office-A planned conversion of a food and beverage complex that will Include a brewery.
Property Facts
Property Type
Office
Property Subtype
Building Size
19,486 SF
Building Class
B
Year Built/Renovated
1915/2004
Percent Leased
Vacant
Tenancy
Multiple
Building Height
8 Stories
Typical Floor Size
2,436 SF
Building FAR
6.39
Lot Size
0.07 AC
Zoning
T6-80-O - Extremely liberal zoning.
Amenities
- Bus Line
- Security System
- Signage
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,540,000 | |
| Land Assessment | $1,875,000 | Total Assessment | $5,415,000 |
Property Taxes
Parcel Numbers
Land Assessment
$1,875,000
Improvements Assessment
$3,540,000
Total Assessment
$5,415,000
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