117 NE 1 AVE, Miami, FL 33132

117 NE 1 AVE, Miami, FL 33132 is a office building - multistory : office building built in 1926 with 92,910 square feet of living space on a 7,500 square foot lot. The property is currently owned by SECURITY BUILDING 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 2021-06-11 for $12,000,000, when SECURITY BUILDING AR OWNER LLC sold to SECURITY BUILDING MIAMI LLC. The property has appreciated $8,900,000 (287%) since the prior sale of $3,100,000 on 1999-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $10,990,000 with a market value of $10,990,000. This breaks down to $4,500,000 for the land and $6,490,000 for the building. The assessed value increased 4% from $10,572,570 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. 117 NE 1 AVE, Miami, FL 33132 is located in Miami, Florida. Property records, tax assessments, sales history, and ownership information for this Miami property are available through Miami-Dade County public records.

The complete ownership history of this property spans from 1995 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 92% of the most recent sale price. Based on the most recent sale, this property traded at $129 per square foot — a key metric for comparing value across Miami's real estate market..