1311 SE 4 Ave

Ownership and recorded sale history

What has actually traded in SE 17th Street Causeway

Recorded transactions for office properties in the South Federal Highway and SE 17th Street corridor, narrowed to the buildings closest to this one in size and age.

Reading this against the corridor

The county assesses this building at $489/SF. Recorded sales of office properties in SE 17th Street Causeway since 2021 have a median of $336/SF, across a range of $294/SF to $726/SF.

Across those 8 recorded sales, the median sale price came in at 0.97× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

By footprint it sits in roughly the 0th percentile of office properties that have traded in this corridor — 19 of the 19 recorded sales were of larger buildings.

The assessment works out 46% above the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

The lot runs 5.5× the building footprint — 7,000 SF of land under 1,280 SF of structure. Ratios that wide are usually where expansion or redevelopment questions start.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage