#A11688560, Allan Filgueiras, Listing Office: AF Realty
Property details
About 139 NE 1st St
Shovel-ready hotel development with rare cost saving advantages in Downtown Miami, steps from Miami Worldcenter,Brightline and major corporate hubs. This fully entitled 163 room, 17 story project includes plans, and demolition permits. The site qualifies for a 10 year AD VALOREM tax Exemption and an estimated $8.74M in HTC benefits, creating major Financial incentives. Located in one of Miami's Strongest hospitality markets, this prime investment opportunity offers luxury hotel plans with a rooftop pool and the option of a pre-negotiated Flag operator lease once developed, providing a turnkey, corporate-backed asset with substantial upside.
Highlights
Virtual tour
Summary
- MLS Number: A11776399
- MLS Name: SEFMIAMI
- Office Name: Compass Florida, LLC
- Office Phone: (305) 851-2820
- Office Email: mlsfl@compass.com
- Listing Agent: Alexandra Sierra
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/13/2025, 11:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$18,500,000
139 NE 1st St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $5,282,362 | $85,008 |
2022 | $4,907,383 | $77,778 |
2021 | $3,516,379 | $82,720 |
2020 | $3,516,401 | $71,119 |
2018 | $3,402,769 | $72,865 |
2017 | $6,500,000 | $138,577 |
History based on county public records data.
Nearby schools
4
Downtown Miami Charter School
Public Charter KG-6
0.5 mi
•305 NW 3rd Ave
10
Mater Academy East Charter
Public Charter KG-5
0.8 mi
•450 SW 4th St
6
Frederick R. Douglass Elementary School
Public District PK-5
0.9 mi
•314 NW 12th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,796. Residents of Miami, FL typically earn less than $<35k each year. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
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Frequently asked questions
About 139 NE 1st St
This home is located at 139 NE 1st St in Miami, FL and zip code 33132 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since April 5, 2025 and is currently priced at $18,500,000.
Over 62 listings were sold over their listed price in March 2025 in Miami, FL. In the same period over 573 listings were sold below the listed price and 142 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 13.7% between February and March 2025. The median list price of listings available in March 2025 was $580,300, while the average time on the real estate market was 70 days.