Miami-Dade County  »  121 SE 1st St

Royalton - 121 Southeast 1st Street, Miami, FL 33131 Property Information

Royalton - 121 Southeast 1st Street, Miami, FL 33131 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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Royalton - 121 Southeast 1st Street, Miami, FL 33131
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Address

Primary address 121 Southeast 1st Street, Miami
Zip code 33131
County Miami-Dade
Municipality Miami
Neighborhood Downtown Miami
Parcel ID 0101120101160

Sales & Tax Overview for 121 Southeast 1st Street, Miami

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Sale date 10/01/2019
Sale price $37,000,000
Arm's length
Property tax $294,357

Lot & Building Information for 121 Southeast 1st Street, Miami

Building sqft 68,989
Building class Hotel or Motel: Hotel (3921)
Acreage 0.165
Year built 1925
Stories 12
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
School district Miami-Dade County Public Schools

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Other Property Data for 121 Southeast 1st Street, Miami

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  • • Improvements for 121 Southeast 1st Street, Miami , including their type, square footage, grade and when they were built.
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About 121 Southeast 1st Street, Miami

How many sq. ft. does Royalton - 121 Southeast 1st Street, Miami, FL 33131 have & what is the price per sq. ft?

This Hotel or Motel: Hotel (3921) located at Royalton - 121 Southeast 1st Street, Miami, FL 33131 has a total of 68,989 square feet and a current price per square foot of $536.

What is the year built & the current market value of Royalton - 121 Southeast 1st Street, Miami, FL 33131?

Royalton - 121 Southeast 1st Street, Miami, FL 33131 was built in 1925 and has a current tax assessor's market value of $14,445,000.

How many commercial spaces does this building have?

This building has 126 commercial spaces available for lease.

Ownership Information

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Past Sales & Property History for 121 Southeast 1st Street, Miami

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Purchase date Purchase price Buyer name Seller name
10/01/2019 $37,000,000
07/25/2016 $6,552,762
01/08/2001 $2,300,000
       
       
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*Here are the three most recent sales for this property.


Title Documents for 121 Southeast 1st Street, Miami

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Maturity Document Related documents Doc image
12/08/2025 - D
12/08/2025 - R
Agreement
12/02/2025 - D
12/08/2025 - R
Notice of Commencement
06/30/2020 - D
06/30/2020 - R
Agreement
10/09/2019 - D
10/21/2019 - R
Financing Statement Ucc
10/01/2019 - D
10/08/2019 - R
Deed
06/25/2019 - D
06/25/2019 - R
Agreement
06/25/2019 - D
06/25/2019 - R
Deed
11/16/2018 - D
11/20/2018 - R
Mortgage
07/25/2016 - D
07/25/2016 - R
Deed
03/08/2013 - D
03/08/2013 - R
Certificate of Title
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R: Recorded date
D: Document date

Property Taxes for 121 Southeast 1st Street, Miami

Access detailed property tax data for Royalton - Royalton - 121 Southeast 1st Street, Miami, FL 33131. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025
Property tax $294,357
Market value $14,445,000
Assessed value $14,445,000

Assessment History for 121 Southeast 1st Street, Miami

Here's the assessment & property tax history for 121 Southeast 1st Street, Miami, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessment value Total tax rate Property tax Year over year change
2025 $14,445,000 $14,445,000 20.3778 $294,357 +1.76%
2024 $14,135,000 $14,135,000 20.4644 $289,264 +1.17%
2023 $13,600,000 $13,600,000 21.0237 $285,922 +6.22%
2022 $13,100,000 $12,616,560 21.0833 $269,184 -8.17%
2021 $13,500,000 $13,500,000 21.7147 $293,148 -10.21%

Miami residential market stats

Median Sale Price
$519,900
-1% YoY
Median Price/Sqft
$333
1.2% YoY
Miami-Dade County Median Sale Price
$510,000
0% YoY

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Demographics by Zip Code

Total population 23,095
Median age 35.9
Average household income $212,649
Family households 37.4%
Occupied housing units 13,161
Owner occupied units 37.0%
Average number of people per household 1.75
Median year structure built 2005
Median value for units with a mortgage $627,000
Median value for units without a mortgage $725,800

Risk

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FEMA flood zone(s) X (See more on map)

Transportation

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Neighbors for 121 Southeast 1st Street, Miami

Here are the neighbors for Royalton - 121 Southeast 1st Street, Miami.

Address Square feet Purchase date Purchase price
30 E Flagler St, Miami 06/27/2017 $4,000,000
45 SE 1st St, Miami
130 E Flagler St, Miami 9,000 08/04/2014 $2,500,000
48 E Flagler St, Miami 109,602 01/20/2015 $15,000,000
25 SE 1st Ave, Miami 2,625 08/26/1980
110 E Flagler St, Miami 6,194 06/22/2015 $4,500,000
124 E Flagler St, Miami 9,000 08/15/2014 $2,300,000
76 E Flagler St, Miami 47,339 11/29/2012 $5,000,000
29 SE 1st Ave, Miami 4,950 11/01/1978
134 E Flagler St, Miami 27,346 08/04/2014 $4,500,000
144 E Flagler St, Miami 10,458 03/21/1977
38 E Flagler St, Miami 11,565 04/07/1997 $1,100,000
41 SE 1st St, Miami 10,731
101 SE 1st St, Miami 4,125 02/19/1987
131 SE 1st St, Miami 44,171 01/05/2005 $3,500,000
22 E Flagler St, Miami 318,758 02/01/2013 $10,000,000
118 E Flagler St, Miami 10,120
44 E Flagler St, Miami 12,275 01/08/2015
16 W Flagler St, Miami 6,105 03/28/2024 $3,500,000
137 SE 1st St, Miami 14,784

Nearby ZIP Codes for 121 Southeast 1st Street, Miami

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