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139 NE 1st St, Miami FL 33132

Commercial For Sale
$20,000,000

BTC: 203.25203252

ETH: 5,970.14925373

44 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

Compass Commercial presents a Hotel redevelopment opportunity in the heart of Downtown Miami with rare in-place approvals from the Historic Preservation Board and City of Miami. Approved for a 17-story, 163-room upscale hotel with approved demolition permits (except facade on the first three stories) in place. Master permits in final stages allowing for quick project initiation. The property is entitled to an Ad Valorem Exemption and also the Federal Historic Rehabilitation Tax Credit due to it's historic designation. Great opportunity to develop a luxury hotel in Downtown Miami that's fast-tracked with approved plans + tax credits.

Location

Florida • Miami • 33132 • Commercial • For Sale

Facts and features

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.16 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data
All facts and features

  • Lot

    • Lot: 0.16 Acres

    Other Property Information

    • Parcel Number: 01-01-10-040-1100

    • Zoning: 6401

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • No Utilities

    • None

  • Other financial information

    • Annual tax amount: $90,162

  • Source details

    • MLS ID: A11672529

    Other facts

    • Lot Features: City Location / Less Than 1 Acre

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x150

    • Subdivision Name: MIAMI NORTH

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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 ©2024-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