307 NE 1 ST, Miami, FL 33132

307 NE 1 ST, Miami, FL 33132 is a hotel or motel : hotel built in 1925 with 41,512 square feet of living space on a 9,400 square foot lot. The property is currently owned by GRAND ZODIAC REALTY LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2008-06-11 for $270,900, when ALFRED JAMES SIMONS sold to GRAND ZODIAC REALTY LLC. The 2025 assessed value is $3,195,122 with a market value of $6,100,000. This breaks down to $5,640,000 for the land and $460,000 for the building.

The assessed value increased 10% from $2,904,657 in 2024. The median household income in this area is $61,311, and the median home value is $364,000. The population density is 13,567 people per square mile.

This property has an active lis pendens filing, indicating a pending foreclosure or legal action against the property. 307 NE 1 ST, Miami, FL 33132 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records.

The complete ownership history of this property spans from 2008 to 2008, with 2 recorded transactions in the public record. The current assessed value represents 1179% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $7 per square foot — a key metric for comparing value across Miami's real estate market..