FL > Miami > Miami North
Miami, FL 33132,Address not disclosed
Miami, FL 33132,Address not disclosed
Miami, FL 33132,Address not disclosed
Miami, FL 33132,Address not disclosed
Miami, FL 33132,Address not disclosed
Miami, FL 33132,Address not disclosed
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Virginia "Ginger" Lingo

Virginia "Ginger" Lingo

+1(954) 599-0302
$ 18,500,000
Est. payment | /mo

6,969 Sqft Lot

Save Virtual Tour
$ 18,500,000
Est. payment | /mo
Save Virtual Tour

6,969 Sqft Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Miami North

MLS Listing ID A11723602

HOA Y/N No

Annual Tax Amount $90,162

Tax Year 2024

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 50x150

Property Sub-Type Commercial

Property 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 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.

Location

State FL

County Miami-dade

Community Miami North

Area 41

Exterior

Utilities Available None

Private Pool Yes

Building

Lot Description <1 Acre

Sewer Other

Water Public

Others

Tax ID 01-01-10-040-1100

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11723602

Listed by Compass Florida, LLC
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(954) 599-0302

ginger@getihr.com

1451 W Cypress Creek Rd STE 300 Ft. Lauderdale, FL 33309, FT. LAUDERDALE, Florida, 33309, USA

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