139 NE 1st St, Miami FL 33132
What's special
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.
Facts & features
Interior
- Bedrooms:0
- Bathrooms:0
- Full bathrooms:
- 1/2 bathrooms:
- Total interior livable area:sqft
Property
- Garage spaces:
- Stories:
- Has private pool:Yes
- Has view:Yes
- Has water view:Yes
- Size:0.16Acres
- Zoning:6401
Construction
- New construction:NoYes
- Year built:
Utilities & green energy
- Sewer:Other
- Water:Municipal Water
Community
Financial & listing details
- Price per square foot:0
- Annual tax amount:
- Date on market:April 1, 2025
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