Excellence in South Florida Real Estate

139 NE 1st St, Miami, 33132

  • $14,000,000

Buy

Miami

Quick Details

MLS #: A11776399
  • 7500
  • Lot sqft

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 139 NE 1st St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33132
  • Area Miami-dade County

Details

  • MLS #: A11776399
  • Price: $14,000,000
  • Land Area: 7500 sqft
  • Property Status: Buy
Listed by Alexandra Sierra · Compass Florida, LLC - Updated on April 29, 2025 at 8:01 am

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139 1st St
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