- MLS® #: A11723602
- N/a
- Miami, FL 33132-2527
- $18,500,000
- 0.16 Acres
- Land
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 the City of Miami for a 17-story, 163-room upscale hotel. Alternatively, the property can be delivered with a lease from a Flag Hotel Operator with a Corporate guarantee. Sale includes approved plans, demolition permits, + Master permits, which are in the final stages, allowing for quick project initiation. The property is entitled to an Ad Valorem Exemption and also the Federal Historic Rehabilitation Tax Credit due to its historic designation. 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® #A11723602
- Price$18,500,000
- CAD Dollar$26,221,512
- UK Pound£14,607,822
- Euro€17,620,510
- Bathrooms0.00
- Acres0.16
- TypeLand
- Sub-TypeCommercial
- StatusActive
Community Information
- AddressN/a
- Area41
- SubdivisionMIAMI NORTH
- CityMiami
- CountyMiami-Dade
- StateFL
- Zip Code33132-2527
Amenities
- UtilitiesNone
Exterior
- Lot Description50x150
- Office: Compass Florida, Llc
N/a on www.jupiteroceanfrontcondos.us
Offered at the current list price of $18,500,000, this home for sale at N/a features 0 bedrooms and 0 bathrooms. This real estate listing is located in MIAMI NORTH of Miami, FL 33132-2527 . N/a is listed under the MLS ID of A11723602 and has been on the Miami real estate market for 16 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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