Basic Information
- MLS # A11775461
- Type Hotel Motel
- Status Active
- Year Built 1927
- Total Sqft 7,500
- Date Listed 04/02/2025
- Days on Market 36
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.
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Hotel Motel
Interior Features
- Adjusted Sqft 7,500Sq.Ft
- Sqft 7,500 Sq.Ft
Property Features
- Address 139 NE 1st St
- Aprox. Lot Size 7,500
- City Miami
- County Miami- Dade
- Furnished Info no
- Occupant Type Vacant
- Postal City Miami
- Public Survey Township 1
- Subdivision Complex
- Subdivision Info
- Tax Amount $93,196
- Tax Legal desc M I A M I N O R T H P B B-41 E1/2 O F L O T15& W1/2 O F L O T16 B L K104 L O T S I Z E50.000 X150 O R21131-369103031
- Tax Year 0
- Type of Property Hotel Motel
139 NE 1st St
Miami, FL 33132Similar Properties For Sale
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: 305-851-2820
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