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- Golden Beach: A Secluded Coastal Gem with Unmatched Luxury
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- (305) 790-0199
Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
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.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$18,500,000
-
Tax Amount
90162.0
-
Zoning
6401
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Location
County
Miami-Dade
Elementary School
Middle School
High School
Listing Courtesy of Alexandra Sierra , Compass Florida, LLC
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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