139 NE 1st St Miami FL 33132 MLS #A11775461

There are multiple listings for this address:
139 NE 1st St
Miami, FL, 33132
$18,500,000
Beds
0 Baths
43,265 SqFt
0 Acres
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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
Subdivision:
MIAMI NORTH
Neighborhood:
Miami North
City:
Miami
Listed Date:
Apr 1, 2025
State:
FL
Finished Sq Ft:
43,265
Total Sq Ft:
43,265
ZIP:
33132
Year Built:
1927
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CENTURY 21 Carioti

CENTURY 21 Carioti

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disclosure
Courtesy of Compass Florida, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Miami, FL. All rights reserved.
Rover IDX
139 NE 1st St
Miami, FL
139 NE 1st St
Miami, FL, 33132
$18,500,000
Beds
0 Baths
0 SqFt
0.16 Acres
Add
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 #:
A11776399
Status:
Active
Beds:
0
Baths:
0
Address:
139 NE 1st St
Type:
Single Family
Subtype:
Hotel/Motel
Subdivision:
MIAMI NORTH
Neighborhood:
Miami North
City:
Miami
Listed Date:
Apr 1, 2025
State:
FL
Total Sq Ft:
43,265
ZIP:
33132
Lot Size:
7,500 sqft / 0.16 acres (approx)
Year Built:
1927
Ask a Question

See this Listing

Send
  

CENTURY 21 Carioti

CENTURY 21 Carioti

Fine Homes & Estates

More About CENTURY

Mortgage Calculator

 

Schools

Interior

Exterior

Financial

Taxes
$93,196

Map

Community

Similar Listings Nearby