700 NW 1 AVE, Miami, FL 33136
Parcel: 0141370720120 · Office Building - Multistory · Office Building · Zoning: 6412
Assessed Value (2025)
$76,000,000
Property Details
Living Sqft
215,207
Year Built
2018
Lot Sqft
12,300
Stories
11
OFFICE BUILDING - MULTISTORY : OFFICE BUILDING
Sales History
1
$159,428,200
2019-04-23
DTS 2MC OFFICE LLC → SRI TWELVE MIAMI CENTRAL LLC
2
$100non-market transfer
2019-04-23
DT MIAMI LLC → DTS 2MC OFFICE
3
$128,204,000
2021-03-19
SRI TWELVE MIAMI CENTRAL LLC → B9 2MC OWNER LLC
Tax Assessment History
$76,000,000
Assessed (2025)
$76,000,000
Market Value
$76,000,000
Taxable Value
$1,547,299
Annual Tax
2024
$79,100,000
2025
$76,000,000
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $76,000,000 | $76,000,000 | $76,000,000 | $1,547,299 | $6,765,000 | $69,235,000 |
| 2024 | $79,100,000 | $79,100,000 | $79,100,000 | $1,610,413 | $6,150,000 | $72,950,000 |
About 700 NW 1 AVE, Miami, FL 33136
700 NW 1 AVE, Miami, FL 33136 is a office building - multistory : office building built in 2018 with 215,207 square feet of living space on a 12,300 square foot lot. The property is currently owned by B9 2MC OWNER LLC C/O THE BLACKSTONE GROUP, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2021-03-19 for $128,204,000, when SRI TWELVE MIAMI CENTRAL LLC sold to B9 2MC OWNER LLC. The property sold for $31,224,200 less than the prior sale of $159,428,200 on 2019-04-23. There are 3 recorded sales for this property.
The 2025 assessed value is $76,000,000 with a market value of $76,000,000. This breaks down to $6,765,000 for the land and $69,235,000 for the building. The assessed value decreased 4% from $79,100,000 in 2024.
The median household income in this area is $66,545, and the median home value is $-666,666,666. The population density is 22,103 people per square mile. This property currently has 1 open code violation on record with miami_dade code enforcement.
Open violations can affect property value and may need to be resolved before a sale can close. 700 NW 1 AVE, Miami, FL 33136 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 2019 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 59% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.
There are 2 active building permits on this property, indicating ongoing construction or renovation work. Based on the most recent sale, this property traded at $596 per square foot — a key metric for comparing value across Miami's real estate market..
Building Permits (28)
| Permit # | Type | Description | Status | Date | Cost |
|---|---|---|---|---|---|
| C2025051842 | electrical | F | — | ||
| C2024136661 | electrical | A | — | ||
| C2025001968 | electrical | F | — | ||
| C2025001937 | electrical | F | — | ||
| C2024127426 | electrical | F | — | ||
| C2024127370 | electrical | F | — | ||
| C2024171894 | electrical | F | — | ||
| C2024171218 | electrical | F | — | ||
| C2024136988 | electrical | A | — | ||
| C2024120339 | fire | F | — | ||
| C2024133312 | plumbing | F | — | ||
| C2024114401 | fire | F | — | ||
| C2024117893 | electrical | F | — | ||
| C2024120264 | plumbing | F | — | ||
| C2024118300 | electrical | F | — |
Showing 15 of 28 permits
Code Violations 1 open
A2025003620 open
2025-08-11
Distress Signals
- 1 open code violation
Current Owner
B9 2MC OWNER LLC C/O THE BLACKSTONE GROUP
345 PARK AVE, NEW YORK, NY, 10154
Since: 2026-04-19
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Est. Annual Insurance
$456,400 — $760,800
Flood $400 — $800
Property/Wind $456,000 — $760,000
Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.
Neighborhood
Median Income$66,545
Median Home Value$-666,666,666
Pop. Density22,103/sq mi
Neighborhood 33136
17.9%
Owner-Occ
82.1%
Investor
24
Flips (4yr)
2,726
New Biz (3yr)
Distress Risk
HIGH
74
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