$18,500,000
bedrooms
0
bathrooms
0
square feet
0
Acreage
-
Open Houses
-
year built
1927
Full Baths
0
Half Baths
0
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 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 | |
Subdivision | - |
County | Miami-Dade |
Elementary School | - |
Middle School | - |
High School | - |
Exact location data not provided
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: A11723637
Listing agent:
Alexandra Sierra
#3184474
Listing broker:
Compass Florida Llc
(305) 851-2820
Copyright © 2025 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 29 2025 at 4:15 p.m. EST
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