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$849,000
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Property Description
Prime corner office suite located on the 5th floor of the prestigious One Flagler Building, in the heart of Downtown Miami. This unique space is composed of three connected offices, offering flexibility and abundant natural light with panoramic city views. Currently leased through April 2027 at $5,700/month, generating $68,400 per year in rental income. At a sale price of $849,000, this property offers an attractive net return of approximately 8%, making it an excellent income-producing investment in one of Miami's most iconic and centrally located office buildings. Steps from Brickell, the Courthouse, and major financial institutions.
Full Property Details
Full Property Details for 14 NE 1st Ave #507
General
- Price: $849,000
- Taxes: $11,275 (2024)
- Status: Active
- Type: Office
- Source: Greater_Miami
- MLS ID: A11912123
- Updated: 11/11/2025
- Added to Site: 69 day(s) ago
Business
- Business Type: Office Space, Professional
Additional Information
- Security/Safety: Smoke Detector(s), Fire Sprinkler System, Security Guard
Parking
- Parking Features: None
Location
- County: Miami-Dade County
- Building Name: ONE FLAGLER
Community
- Units Assoc/Comm: 3
Utilities
- Electric Available: Yes
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Roof: Concrete
- Stories/Levels: 1
- Building Size: 1933
- Current Bldg. Use: Commercial Office
- Year Built: 1952
Unit Information
- Units in Complex: 3
Lot Features
- Lot Size (Sq. Ft.): 1,933
- Lot Features: City Location
- Zoning: 6401
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $11,275
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Ownership: Corporation
- Special Conditions: Sale
- Legal Description: ONE FLAGLER CONDO UNIT 500E UNDIV 0.4148 % INT IN COMMON ELEMENTS OFF REC 29770-0303
- Inclusions: Fixtures, Leases
- Property ID: 01-41-37-074-0610
Listed by EXP Realty LLC
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Schools
Schools serving 14 NE 1st Ave #507
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.9 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.3 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14 NE 1st Ave #507
Date
Details
Price
Change
Source
11/10/2025
Listed
$849,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 14 NE 1st Ave #507
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 14 NE 1st Ave #507
14 NE 1st Ave #507, Miami, FL 33132 (MLS# A11912123) is a Office property. 14 NE 1st Ave #507 is currently listed for $849,000 and was received on November 10, 2025. Want to learn more about 14 NE 1st Ave #507? Do you have questions about finding other Office real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

