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Little Havana Office/Resi Portfolio 2 Office Properties Offered at $8,610,000 CAD in Miami, FL
Investment Highlights
- Strategic location positioned just west of the Brickell Financial District and Downtown Miami.
- Exceptional submarket fundamentals highlighted by a localized vacancy rate of just 3.5%.
- Highly attractive covered land play opportunity secured by T5 O (Urban Center) zoning, allowing for flexible commercial uses.
- Exceptional proximity to major medical districts, located just 1.5 miles from Jackson Memorial Hospital and UHealth.
- Outstanding transit and walkability featuring a Walk Score of 90, providing a "Walker's Paradise" environment.
- Stable in-place income driven by a 62.54% occupancy rate across the 25,202-square-foot facility, generating immediate and reliable cash flow.
Executive Summary
Marcus and Millichap - The Zylberglait Group is proud to present 1401/1429 SW
1st St, a 62.54% occupied office and residential complex located at 1401 Southwest 1st
Street, Miami, FL. This exceptional property offers 25,202 SF of flexible
office space in one of East Little Havana's most sought-after locations. The
building caters to a diverse range of tenants with various suites ranging
from 150 +/- SF to 3,500 +/- SF, providing a modern environment with
strong potential for medical office use.
Strategically situated just minutes from major regional amenities,
including Jackson Memorial Hospital, Brickell City Centre, and the Calle
Ocho commercial corridor, the property benefits from excellent visibility
and accessibility.
Positioned along Southwest 1st Street with direct access to Interstate 95,
1401 SW 1st St is well-connected to the greater Downtown Miami area,
providing an ideal location for businesses seeking a central hub in one of
South Florida’s most vibrant and growing communities.
1st St, a 62.54% occupied office and residential complex located at 1401 Southwest 1st
Street, Miami, FL. This exceptional property offers 25,202 SF of flexible
office space in one of East Little Havana's most sought-after locations. The
building caters to a diverse range of tenants with various suites ranging
from 150 +/- SF to 3,500 +/- SF, providing a modern environment with
strong potential for medical office use.
Strategically situated just minutes from major regional amenities,
including Jackson Memorial Hospital, Brickell City Centre, and the Calle
Ocho commercial corridor, the property benefits from excellent visibility
and accessibility.
Positioned along Southwest 1st Street with direct access to Interstate 95,
1401 SW 1st St is well-connected to the greater Downtown Miami area,
providing an ideal location for businesses seeking a central hub in one of
South Florida’s most vibrant and growing communities.
Property Facts
| Price | $8,610,000 CAD | Number of Properties | 2 |
| Price / SF | $341.64 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 25,202 SF |
| Status | Active | Total Land Area | 0.69 AC |
| Price | $8,610,000 CAD |
| Price / SF | $341.64 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 25,202 SF |
| Total Land Area | 0.69 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1401 SW 1st St, Miami, FL 33135 | Office | 23,118 SF | 1957 | - |
| 1429 SW 1st St, Miami, FL 33135 | Office | 2,084 SF | 1937 | - |
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Little Havana Office/Resi Portfolio
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