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Renovated Downtown Hotel Lease
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307 NE 1st St, Miami, FL 33132

Hotel lease opportunity with lodging approval, rail transit access, and tenant flexibility for rooms, amenities, and lobby improvements.

Space Size41,512 SF
Days on Market178

Property Features for 307 NE 1st St

General Information

Standard status Active
Size 41,512 SF
Class A
Property subtype Retail

Space & Availability

Space Use Hotel
Sublease No

Building Details

Building Size 41,512 SF
Year Built 1925
Tenancy Single

Spaces For Lease

at 307 NE 1st St Contact us

Available Space

Size
41,512 SF
Type
Retail
Lease Type
NNN
Availability
Active
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Listing Agency: The Keyes Company - Brickell Office
Listed By: Tony Ulloa · License #SL3045193
Source: Crexi
Added: Mar 5 Changed: Aug 30 Last Checked: Aug 30 at 4:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company - Brickell Office

Investment Insights

Based on property information with market context.

This hotel lease is based at 307 NE 1st St in Downtown Miami and includes a substantially modernized lodging property. A four-year renovation program upgraded the building’s physical components to current City of Miami hotel-use requirements, and the property has secured a Certificate of Occupancy for Lodging (Hotel) Use. The landlord is offering operators flexibility to shape room and common-area design around their preferred guest experience.

The property is steps from rail public transit, with connections to Miami International Airport, Coconut Grove, Coral Gables, and other Metro-Miami destinations. The lease structure assigns the tenant responsibility for room FF&E, common-area improvements, guest amenities, and ground-floor lobby or retail build-out. The building dates to 1925, providing an established structure for a hotel operating concept in the downtown core.

Key Highlights

  • Certificate of Occupancy secured for Lodging (Hotel) Use
  • Four‑year renovation upgraded physical components for current City of Miami hotel‑use requirements
  • Steps from rail public transit with access to Miami International Airport, Coconut Grove, Coral Gables, and Metro‑Miami destinations

Property Analytics

Current Use

Leamington Hotel Hotel & Motel Hotel Miami Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Nursing Home Butcher Pet Grooming Service Restaurant Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

13,054
Businesses Nearby

Demographics for 33132, FL

18,159
Population
12,725
Households
1.4
Avg Household Size
35
Median Age
61%
College-Educated
95%
High-School Grad
1.5 sq mi
ZIP Area
12,106
Density / Sq Mi
$109,505
Median Household Income
$71,509
Median Earnings
$2,534
Median Rent
$545,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Hotel lease opportunity with lodging approval, rail transit access, and tenant flexibility for rooms, amenities, and lobby improvements.
Where is this hotel located?
The property is located at 307 NE 1st St Miami, FL.
What are key features of this property?
This property features: Certificate of Occupancy secured for Lodging (Hotel) Use; Four‑year renovation upgraded physical components for current City of Miami hotel‑use requirements; Steps from rail public transit with access to Miami International Airport, Coconut Grove, Coral Gables, and Metro‑Miami destinations
(305) 790-5511 Call to check price and availability
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