139 NE 1st St, Miami FL 33132

$

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345 of 345 FOR SALE

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    Legal Description:

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    Listed on:

    Feb 22, 2023

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    Occupancy:

    n/a

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    Taxes:

    $12,692 per year

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    Floor Description:

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    Year Built:

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    Zoning:

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    Days on Market:

    92

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    Parking:

    Yes

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    Tax Year:

    2022

139 NE 1st St, Miami FL 33132

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.

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FOR SALE DETAILS

  • Photo Count
    1
  • Property Type
  • SqFt Total
  • Terms Considered
    All Cash

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