139 NE 1st St
Miami, Florida

Miami, Florida

Listed By Compass Florida, LLC

The Commercial Property for Sale located at Miami, Florida is currently for sale. Miami, Florida is listed for $18,500,000. If the property located at Miami, Florida isn't what you're looking for, visit https://www.iglobalrealty.com to see other Commercial Properties for Sale in Miami .

Date Updated : Apr 5, 2025

MLS#: A11776399

$18,500,000 USD

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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.

Location

Miami, Florida
Courtesy of Alexandra Sierra Compass Florida, LLC
NORTH MIAMI BEACH
Florida
United States
33162
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LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.