The Commercial Property Located at 1601 SW 1 St, Miami, FL 33135 has New Ownership as of November 30, 2021

This is a news story only, not a listing.

It has been officially reported that the property located at 1601 SW 1 St in Miami within zip code 33135 and with the folio number 01-1020-006-1130 sold on November 30, 2021. The sale type was recorded as "Qual by exam of deed." Sales prices as recorded by the property appraiser frequently do not represent the whole story; thus full transaction details should be confirmed with the parties. Specific information about the buyer and seller in this transaction may be found by navigating to our property appraiser links for this property, clicking through on the link to "Main Page with Lot Outline, Aerial Views," then clicking through on the applicable sale on the date November 30, 2021 and with an amount of $3,395,000.00 about two thirds down the page, under the heading "Sales Information."

When considering this 1601 SW 1 St property sale one should consider other properties within its zip code 33135, some of which are currently for sale in this same zip code, as well as off-market listings in the area. Information on prior sales of area properties as well as current listings can be useful to gauge area pricing, but are not perfectly reliable. Current zip code 33135 demographics information, with a dizzying array of charts, can be informative, as can the Zip Code 33135 Commercial Property Investment Profile page, displaying metrics on sales trends, turnover, and more. Demographics for Miami, the South Florida city in which the property is located, may also be worth reviewing.

Commercial properties that are currently listed in zip code 33135 can also give a representation of current market value, although it should be noted that actual selling prices are a better indicator as an asking price for any property is only that, an asking price. It can also prove insightful to view other commercial property holdings of and other information related to the property's recent ownership . Finally, a review of nearby businesses and resources and area traffic levels can be insightful, allowing the prospective buyer to quickly get a feel for area commerce and resources.

A birdseye view of the property is displayed above and a street map of the location is below. Additional information on this property, including other sales transactions amounts and links directly to pages for this property at the Miami-Dade County Property Appraiser website, can be found at this site's information page for this property. Note that the above birdseye aerial view and map herein were generated using the address recorded with the county property appraiser for the folio entered for this listing and that they are provided on a best efforts basis only and are not guaranteed.

Update: This 1601 SW 1 St property in Miami within the zip code 33135 in Florida has subsequently been reported by the Miami-Dade Property Appraiser to have 10,868 adjusted square feet of building that was built in 1954 showing an effective year built of 1959. The property having 10,868 square feet of building adjusted squarefeet places it in the 10,000 to 15,000 square feet range. Possessing 21,000 square feet, one might set it in the 20,000 to 30,000 square feet lot size range. Further, again on a date after the sale, the property is referenced by Miami-Dade county as zoned 6101 - CEN-PEDESTRIAN ORIENTATIO with a land use of 1111 - STORE : RETAIL OUTLET. This Miami-Dade reference for zoning is believed to translate into T5 O zoning in Miami, Florida, information about which may be found here. Any such (T5 O zoned properties) in may be found here. Note that since this was reported subsequent to the sale, it is possible these were different at the time of the sale. Also, commercial properties have been listed for sale near this one, including 111 SW 19th Ave, 1254 SW 2nd St, 1334 SW 1st St, 1361 SW 4th St, 145 SW 15th Ave, 1464 SW 6th St, 1535 W Flagler St, 1553 SW 7th St, 1684 SW 10th St, 1772 W Flagler St, 1798 W Flagler St, 1827 SW 3rd St, 1836 SW 6th St, 1923 SW 8th St, 20 SW 34th Ave, 2052 SW 1st St, 218 SW 16 Ave, 225 SW 18th Ave, 2351 W Flagler St, 2635 SW 12th St, 300 SW 17th Ave, 3360 W Flagler St, and others.