NEW
- MLS® #: A11683861
- 139 Ne 1st St
- Miami, FL 33132-2527
- $20,000,000
- Business
Compass Commercial presents the Historic "Dade-Commonwealth Building," an existing 43,265sf office building with rare in-place approvals from the Historic Preservation Board and City of Miami for a 17-story, 163-room upscale hotel. Alternatively, the existing structure can be repositioned to a 60-key hotel. Sale includes approved demolition permits + Master permits, which are in the final stages, allowing for quick project initiation. Due to its historic designation, the property is entitled to an Ad Valorem Exemption and the Federal Historic Rehabilitation Tax Credit. Great opportunity to develop a luxury hotel in Downtown Miami that's fast-tracked with approved plans, demo permits + tax credits.
View Virtual TourEssential Information
- MLS® #A11683861
- Price$20,000,000
- CAD Dollar$27,966,900
- UK Pound£15,964,240
- Euro€19,197,000
- Bathrooms0.00
- Acres0.00
- Year Built1927
- TypeBusiness
- Sub-TypeHotel/Motel
- StatusActive
Community Information
- Address139 Ne 1st St
- Area41
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33132-2527
- Office: Compass Florida, Llc
Property Location
139 Ne 1st St on www.jupiteroceanfrontcondos.us
Offered at the current list price of $20,000,000, this home for sale at 139 Ne 1st St features 0 bedrooms and 0 bathrooms. This real estate listing is located in of Miami, FL 33132-2527 . 139 Ne 1st St is listed under the MLS ID of A11683861 and has been on the Miami real estate market for 1 days.Facts About Miami, FL
Each winter during Carnaval Miami, salsa tunes blare and the smell of spicy chorizo fills the air on Calle Ocho, the commercial thoroughfare and heart of Miami's Little Havana. The roaring street festival, which culminates in the world's longest conga line, is the last of 10 events comprising the Latin-spiked Carnaval.
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