MLS # :A11775461 |
Price :$18,500,000 |
Status :
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Listing Date :Apr 01, 2025 |
Square Footage :Not Available |
County :Miami-Dade County |
Square Footage :Not Available |
Year Built :1927 |
Taxes :$93,196 Per Year |
Waterfront :No |
Virtual Tour :
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Remarks :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. |
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Call: 305-998-9922
Sunny Realty
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