Shovel-ready hotel development with rare cost saving advantages in Downtown Miami, steps from Miami Worldcenter,Brightline and major corporate hubs. This fully entitled 163 room, 17 story project includes plans, and demolition permits. The site qualifies for a 10 year AD VALOREM tax Exemption and an estimated $8.74M in HTC benefits, creating major Financial incentives. Located in one of Miami’s Strongest hospitality markets, this prime investment opportunity offers luxury hotel plans with a rooftop pool and the option of a pre-negotiated Flag operator lease once developed, providing a turnkey, corporate-backed asset with substantial upside.
Property Details
Price:
$18,500,000
MLS #:
A11775461
Status:
Active
Beds:
0
Baths:
0
Address:
139 NE 1st St
Type:
Commercial
Subtype:
Hotel/Motel
City:
Miami
Listed Date:
Apr 1, 2025
State:
FL
Finished Sq Ft:
43,265
Total Sq Ft:
43,265
ZIP:
33132
Year Built:
1927
See this Listing
CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.
More About CENTURYMortgage Calculator
Schools
Interior
Exterior
Financial
Taxes
$93,196
Map
Community
- Address139 NE 1st St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
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