Overview
- CommercialSale
- 43265.0
- 1927
Description
43,265 SF BUILDING FOR SALE. Historic 1927 “Dade-Commonwealth Building”, an existing office building and fully site plan approved hotel development site at the heart of Downtown Miami. 7- STORIES. Each Floor 6,000SF, Office Space. ALL COMMON AREAS RE-BUILT (Lobby/Elevator Landings/Stairs/Upstairs Bathrooms). Retail Level + 6 Office Levels. ZONED MIXED-USE. (sizes approx.)
INVESTMENT FEATURES
The Property has rare in-place approvals from the Historic Preservation Board and the City of Miami for the demolition.
Fully approved plans, with permits pending request have been filed, and are pending, for the construction of a 17-story, 163-key hotel.
Entitled to the Ad Valorem Tax Exemption for Historic Properties.
Federal Historic Rehabilitation Tax Credit
Zoned as T6-80-O
Address
Open on Google Maps- Address 139 NE 1st St
- City Miami
- State/county FL
- Zip/Postal Code 33132
- Country United States
Details
Updated on July 7, 2023 at 11:17 pm- Property ID: HZ5358399
- Price: $20,000,000
- Property Size: 43265.0 Sqft
- Land Area: 7500.0 Sqft
- Year Built: 1927
- Property Type: CommercialSale
- Property Status: For Sale
- MLS#: A11346846
- Office Name: CANVAS REAL ESTATE
- Agent Name: Francisco Neri
- MLS Status: Active
Additional details
- Tax Annual: 81065
- Tax Year: 2022
- County: Miami-Dade County
- Property SubType: Office
Mortgage Calculator
- Principal & Interest
- Property Tax
- Home Insurance
- PMI
