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Legal Description:
MIAMI NORTH PB B-41 E1/2 OF LOT 15 & W1/2 OF LOT 16 BLK 104 LOT SIZE 50.000 X 150 OR 21131-3691 0303 1
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Listed On:
Apr 2, 2025 -
Days on Market:
29 -
Year:
1927 -
Taxes:
$93,196 per year -
Floor Description:
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Occupancy:
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Zoning:
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Parking:
139 NE 1st St Miami, FL 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.
For Sale Details
- Photo Count
25
- Property Type
Commercial Sale
- SqFt Total
7500
- Year Built
1927
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