Miami, FL 33132 139 NE 1st St
$18,500,000
20 more
Presented By: This listing is courtesy of Compass Florida, LLC;
Home Details
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.
Presented By: This listing is courtesy of Compass Florida, LLC;
Interior Features for 139 NE 1st St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 139 NE 1st St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionMIAMI 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
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
PossessionClosingAndFunding
PostalCityMiami
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerOther
Standard StatusActive
StatusActive
Subdivision NameMIAMI NORTH
Tax Annual Amount93196.0
Tax Year2024
UtilitiesNone
Virtual TourClick here
Waterfront Y/NNo
Zoning Description6401
Exterior for 139 NE 1st St
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions50x150
Lot FeaturesLessThanOneAcre
Lot Size Acres0.16
Lot Size Area7500.0
Open Parking Y/NNo
Private PoolNo
Road ResponsibilityPublicMaintainedRoad
SpaNo
Water SourcePublic
Additional Details
Price History
Tayly Conde Rodriguez
Realtor®
