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Legal Description: -
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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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.
Miami Residence will connect you with an agent in a short time.
FOR SALE DETAILS
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Terms ConsideredAll Cash
Any questions about Residential Land?
Contact our Golden Beach Real Estate Specialist today.
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We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Residential Land condo fast.
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