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139 NE 1st St, Miami, Florida 33132

Active For Sale
$18,500,000
  • Beds 0
  • Baths 0
  • Sq Ft 0 Sqft
  • Visits: 23 in 93 days

Description

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.

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: MIAMI NORTH
  • Zipcode: 33132
  • Street: 1st St
  • Street Number: 139
  • Floor Number: 0
  • Longitude: W81° 51' 26.6''
  • Latitude: N26° 7' 23.9''
  • Street Dir Prefix: NE
  • MLS Area: 41

MLS Addon

  • Association Fee: $0
  • Close Price: $0
  • Insurance Expense: $0
  • Lot Features: <1 Acre
  • Lot Size Dimensions: 50x150
  • New Taxes Expense: $0
  • Tax Annual Amount: $93,196
  • Tax Year: 2024
  • Utilities: No

Location

Listing Updated: 2025-04-25 15:35:14

  • Property Type : Land
  • Listing Type : For Sale
  • Listing ID : A11776399
  • Price : $18,500,000
  • View : Garden, Other
  • Bedrooms : 0
  • Bathrooms : 0
  • Half Bathrooms : 0
  • Square Footage : 0 Sqft
  • Year Built : 0
  • Lot Area : 0.16 Acre
  • Listing Status : Active
  • Days On Market : 64
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