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
Subdivision:
MIAMI NORTH
Neighborhood:
Miami North
City:
Miami
Listed Date:
Apr 1, 2025
State:
FL
ZIP:
33132
Lot Size:
7,500 sqft / 0.16 acres (approx)
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Schools
Interior
Exterior
Financial
Tax Year
2024
Taxes
$93,196
Map
Community
- Address139 NE 1st St Miami FL
- SubdivisionMIAMI NORTH
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
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