Basic Information

  • MLS # A11672529
  • Type Commercial / Business / Agricultural / Industrial Land
  • Status Active
  • Subdivision/Complex Miami North
  • Year Built 0
  • Total Sqft 7,500
  • Date Listed 10/07/2024
  • Days on Market 43
Description

Compass Commercial presents a Hotel redevelopment opportunity in the heart of Downtown Miami with rare in-place approvals from the Historic Preservation Board and City of Miami. Approved for a 17-story, 163-room upscale hotel with approved demolition permits (except facade on the first three stories) in place. Master permits in final stages allowing for quick project initiation. The property is entitled to an Ad Valorem Exemption and also the Federal Historic Rehabilitation Tax Credit due to it's historic designation. Great opportunity to develop a luxury hotel in Downtown Miami that's fast-tracked with approved plans + tax credits.

Exterior Features

  • Waterfront No
  • Pool No
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 7,500
  • Sqft 7,500

Property Features

  • Address 139 N E1st St
  • Aprox. Lot Size 7,500
  • City Miami
  • County Miami-Dade
  • Furnished Info No
  • Lot Description Less Than One Acre
  • Lot Features Less Than One Acre
  • Possession Closing And Funding
  • Postal City Miami
  • Public Survey Township 1
  • Sewer Description Other
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info Miami North
  • Tax Amount $90,162
  • Tax Information 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
  • Tax Year 2024
  • Water Source Public

139 NE 1st St

Miami, FL 33132

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC. tel: 305-330-5481

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