Miami, Florida 33132, United States

Miami, Florida 33132, United States

MLS#: A11672529

$20,000,000 USD

Listed By Compass Florida, LLC

The Commercial for Sale located at Miami Florida 33132 is currently for Sale, Miami Florida 33132 is listed for $20,000,000. If the property located at Miami Florida 33132 isn't what you're looking for, search Florida Real Estate to see other Commercial for Sale in Miami .

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Date Updated: Oct 9, 2024

Description

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.

Location

Miami, Florida 33132, United States
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