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$20,000,000
57 Days On Site

Miami, FL 33132

For Sale|Land|Active
Subdivision:
MIAMI NORTH
County:
Miami-Dade
Call Now: +1 (305) 987-1530
Is this the home for you? We can help make it yours.
+1 (305) 987-1530
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Compass Commercial presents a Hotel redevelopment opportunity in the heart of Downtown Miami with rare in-place approvals from the Historic Preservation Board and City of Miami. Approved for a 17-story, 163-room upscale hotel with approved demolition permits (except facade on the first three stories) in place. Master permits in 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 it's historic designation. Great opportunity to develop a luxury hotel in Downtown Miami that's fast-tracked with approved plans + tax credits.

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Listing Snapshot
Price 
$20,000,000
Days On Site 
57 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.16 Acres
Year Built 
N/A
MLS® Number 
A11672529
Status 
Active
Property Tax 
$90,162
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 months agoStatus changed to Active
2 months agoListing updated with changes from the MLS®
2 months agoPrice changed to $20,000,000
2 months agoListing first seen on site
General Features
Acres 
0.16
Sewer 
Other
Utilities 
None
Water Source 
Public
Zoning 
6401
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Community Features
MLS Area 
41
Listing courtesy of Compass Florida, LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2024, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
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