CityFirst Realty, LLC
Dominique Vassos, CityFirst Realty, LLCPhone: (305) 877-9616
Email: [email protected]
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listing
1 of 25
CommercialFor Sale
$18,500,000
139 NE 1st St
Miami, FL 33132
Courtesy of Compass Florida, LLC
MLS: MIAMI Association of REALTORS
Est. Mortgage
$95,594/mo

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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Information courtesy of Compass Florida, LLC is subject to verification and is not guaranteed.
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