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153
Home61's Closings in
Downtown
Amenities
Key features
Living area
N/A
Lot size
N/A
Tax
$ 90,162
$ /sqft
-
Half Bath/WC
-
Parking Space
0
Building
-
On market
16 days
$ /sqft
-
Type
other
Year Built
1927
Unit
-
Zip Code
33132
Ref./MLS ID
A11683861
DESCRIPTION
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.
Data is provided by Miami Board of Realtors.
Public transportation
First Street
Brickell Loop
Downtown
Omni Loop
1 mins
College/Bayside
Brickell Loop
Downtown
Omni Loop
2 mins
NE 1 Av & NE 1 St
2
6
8
9
7
1 mins
NE 1 St & NE 2 Av
11
77
1 mins
Nearby School In Downtown
Data Provided by greatschools.org
Neighborhood
Downtown
- fashion
- miami bay
- american airline arena
- adrienne arsht center
- bayfront
- shopping
- business
- banks
- nightlife
Listed on October 28, 2024 by Alexandra Sierra from Compass Florida, LLC, this other is for sale. other for sale in Downtown listed at $20,000,000, Reference A11683861
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information 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. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.