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Property Description
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.
Address Map
FL
Miami-Dade County
Miami
33132
139 NE 1st St
0
W81° 48' 32''
N25° 46' 32''
Additional Info
Compass Florida, LLC
Alexandra Sierra
1
3184474
COMP03
Sale
Hotel
$93,196
6401
04/02/2025 12:11:24
3254314
$0
139 NE 1st St, Miami, Florida 33132
139 NE 1st St, Miami, Florida 33132
7,500 Sqft
$18,500,000
Listing ID #A11775461
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11775461
Price : $18,500,000
Year Built : 1927
Lot Area : 7,500 Sqft
Standard Status : Active
Building Area : 43,265 Sqft
MLS Status : Active
Property Type : Hotel/motel
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