16 SW 1st Ave, Miami, FL 33130 — MLS photo

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16 SW 1st Ave, Miami, FL 33130

Active · Office

$3,500,000

16 SW 1st Ave, Miami, FL 33130

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1955
Lot size
1,600 sq ft
HOA fee
—
Annual tax
$13,971

About this property

Iconic Downtown Miami Office Building Directly Adjacent to the Courthouse District. Secure a premier ownership opportunity in the heart of Downtown Miami's thriving legal, government, and business corridor. Located at 16 SW 1st Avenue, this fully renovated two-story, 3,200 SF standalone office building offers fee simple ownership with no association restrictions and unmatched proximity to Miami-Dade County Courthouse, the Claude Pepper Federal Building, Government Center, Brightline, Metrorail, and Metromover. The property is ideally configured for law firms, title companies, professional service firms, family offices, government contractors, and owner-users seeking a prestigious downtown presence with exceptional accessibility. Featuring numerous private offices, conference facilities, collaborative work areas, fiber optic connectivity, ADA accessibility, signage opportunities, and direct adjacency to public parking, the asset provides immediate operational functionality while also offering long-term value through its flexible T6-36b-O zoning designation. Situated within an Opportunity Zone and one of Miami's fastest-growing urban districts, this is a rare chance to acquire a highly visible downtown office property with both immediate occupancy benefits and future redevelopment potential.

Property location

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16 SW 1st Ave, Miami, FL 33130

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
Office
Year built
1955
Lot size
1,600 sq ft
Construction
CBSConcrete Block Structure, Block

Parking

Covered spaces
0
Parking features
Accessible Parking

HOA, Community & Financials

Annual tax
$13,971
County
Miami-Dade
Days on market
524
MLS listing ID
A11776974
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,473

Cap rate
4.8%
Net yield
4.8%
Cash-on-cash return
-3.0%
Gross yield
6.6%
Mortgage payment
$16,592/mo
Down payment
$875,000
Loan amount
$2,625,000
Annual NOI
$169,429

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.