Gut-Renovated Hotel
For Sale
Contact for pricing
Pending
307 NE 1st St, Miami, FL 33132
Hotel asset with recent gut renovation and Certificate of Occupancy for lodging use.
Property Size41,512 SF
Days on Market230
Property Features for 307 NE 1st St
General Information
Standard status
Pending
Size
41,512 SF
Property subtype
Hospitality
Zoning
T6-80-O
Investment Type
Net Lease
Building Details
Year Built
1925
Year Renovated
2025
Buildings
1
Stories
5
Listing Agency:
The Keyes Company - Brickell Office
Listed By:
Tony Ulloa · License #SL3045193
(305) 790-5511
Source:
Crexi
Added: Jan 16
Changed: Aug 31
Last Checked: Sep 2 at 9:40AM
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 property has undergone a four-year gut renovation, with physical components upgraded to current City of Miami code for hotel use. A Certificate of Occupancy has been secured for lodging, providing an approved foundation for hotel operations and further interior planning. The property measures 41,512 in size and dates to 1925, with zoning designated T6-80-O.
Located at 307 NE 1st St in Miami, the hotel is steps from rail public transit, with direct connections to Miami International Airport, Coconut Grove, Coral Gables, and other Metro-Miami destinations. Its location also provides proximity to PortMiami and Downtown Miami venues, districts, and transportation infrastructure.
The interior is described as a blank canvas for room and common-area planning. Future build-out responsibilities identified for the operator include room FF&E, common-area improvements, guest amenities, and the ground-floor lobby or retail component.
Located at 307 NE 1st St in Miami, the hotel is steps from rail public transit, with direct connections to Miami International Airport, Coconut Grove, Coral Gables, and other Metro-Miami destinations. Its location also provides proximity to PortMiami and Downtown Miami venues, districts, and transportation infrastructure.
The interior is described as a blank canvas for room and common-area planning. Future build-out responsibilities identified for the operator include room FF&E, common-area improvements, guest amenities, and the ground-floor lobby or retail component.
Key Highlights
- 41,512 property size
- Four‑year gut renovation completed
- Certificate of Occupancy secured for Lodging (Hotel) Use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13,054
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Hotel asset with recent gut renovation and Certificate of Occupancy for lodging use.
Where is this hotel located?
The property is located at 307 NE 1st St Miami, FL.
What is the asking price?
The asking price for this property is $60,000.
What are key features of this property?
This property features: 41,512 property size; Four‑year gut renovation completed; Certificate of Occupancy secured for Lodging (Hotel) Use
