139 NE 1 ST, Miami, FL 33132

139 NE 1 ST, Miami, FL 33132 is a office building - multistory : office building built in 1927 with 43,430 square feet of living space on a 7,500 square foot lot. The property is currently owned by DREAM DOWNTOWN MIAMI 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 2015-11-16 for $2,024,000, when TITAN DEVELOPMENT PARTNERS LLC sold to DREAM DOWNTOWN MIAMI LLC. The property sold for $5,152,000 less than the prior sale of $7,176,000 on 2015-11-16. There are 3 recorded sales for this property.

The 2025 assessed value is $4,534,276 with a market value of $4,534,276. This breaks down to $4,500,000 for the land and $34,276 for the building. The assessed value increased 8% from $4,206,236 in 2024.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. 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. 139 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 2003 to 2015, with 3 recorded transactions in the public record. The current assessed value represents 224% 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 $47 per square foot — a key metric for comparing value across Miami's real estate market..