139 NE 1st St, Miami, FL 33132

$18,500,000

bedrooms

bathrooms

square feet

Acreage

Open Houses

year built

1927

Full Baths

Half Baths

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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.

Location
Subdivision	-
County	Miami-Dade
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: A11775461

Listing agent: Alexandra Sierra #3184474

Listing broker: Compass Florida Llc (305) 851-2820

Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, April 2 2025 at 2:54 p.m. EDT

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