Price Check
How this price compares
- List price
- $3,500,000
- Price per sq ft
- N/A
- Original price
- $5,000,000
- Days on market
- 538
This commercial property in ZIP 33130 is listed at $3,500,000. The asking price has come down 30% from its original $5,000,000. It has been on the market for 538 days.
Estimated monthly payment
$18,394 /mo
Principal and interest only, based on $700,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $3,500,000
- Days on Site
- 538 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,200 sqft
- Lot Size
- 0.04 Acres
- Year Built
- 1955
- Property Type
- Commercial
- MLS #
- A11776974
- Property Tax
- $13,971
- County
- Miami Dade
- Status
- Active
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.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1955
- Number of Stories
- 2
- Lot Size (Acres)
- 0.04
- Total Sq Ft
- 3,200
- Structure Type
- Office
- Zoning
- 6600
Exterior Features
- Construction
- Block
Community & HOA
- Financing Terms
- Cash / Conventional / Other
- MLS Area
- 2410
About the Area
Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.
- Homes for Sale
- 9,439
- Under Contract
- 1,779
- Median List Price
- $645,000
- Median Sale Price (September)
- $592,500
- Median $/Sq Ft
- $508
- Avg Days on Market
- 143
Frequently Asked Questions
- How do I schedule a tour of 16 SW 1st Avenue, Miami, FL 33130?
- Use the Tour button on this listing to request a showing of 16 SW 1st Avenue, Miami, FL 33130. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 16 SW 1st Avenue, Miami, FL 33130 still available?
- 16 SW 1st Avenue, Miami, FL 33130 is currently listed as Active, and has been on the market 538 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 16 SW 1st Avenue, Miami, FL 33130?
- With 20% down ($700,000) on the $3,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 16 SW 1st Avenue, Miami, FL 33130 is about $18,394/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 16 SW 1st Avenue, Miami, FL 33130?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 16 SW 1st Avenue, Miami, FL 33130. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 16 SW 1st Avenue, Miami, FL 33130?
- Often, yes. The right offer on 16 SW 1st Avenue, Miami, FL 33130 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of CIRRIUS Group, Corp.
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$3,500,000
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Listed by Lillian M Tarafa, CIRRIUS Group, Corp.
Map & Location
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Recent Sales
Recently sold homes in ZIP 33130
These are the last 6 recorded closings in ZIP 33130, with the price each home actually sold for rather than what it was listed at. They closed at a median of $578 per square foot. The most recent closed on October 13, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$415,000
Sold · October 13, 2026
690 SW 1st Court 2507
1 bed · 1.5 bath · 843 sqft · $492/sqft
$15,000 under the asking price
Sold$600,000
Sold · October 9, 2026
1300 S Miami Avenue 3111
2 bed · 2 bath · 868 sqft · $691/sqft
$55,000 under the asking price
Sold$380,000
Sold · October 9, 2026
40 SW 13th Street 402
0 bed · 0 bath
$70,000 under the asking price
Sold$586,000
Sold · October 8, 2026
79 SW 12th Street PH3904-S
2 bed · 2 bath · 1,013 sqft · $578/sqft
$13,000 under the asking price
Sold$760,000
Sold · October 7, 2026
1032 SW 10th Street
2 bed · 1 bath · 849 sqft · $895/sqft
$89,000 under the asking price
Sold$320,000
Sold · October 2, 2026
690 SW 1st Court 1934
1 bed · 1 bath · 602 sqft · $532/sqft
$10,999 under the asking price
See every recorded sale in ZIP 33130 or find out what your ZIP 33130 home is worth.
