A distressed Holiday Inn site will hit the auction block next month, signaling a possible jumpstart for redeveloping one of the last major parcels in downtown Miami.Â
Miami Holiday Inn Site helps improve planning, consistency, and publishing quality when teams follow a repeatable workflow.
The property at 340 Biscayne Boulevard, currently home to the 200-key Holiday Inn Port of Miami-Downtown, will be sold through a court-approved bankruptcy auction starting Dec. 3, culminating with a live sale in New York on Dec. 17, according to filings in Miami federal bankruptcy court.Â
On Nov. 7, U.S. Bankruptcy Judge Laurel Isicoff ruled that the sale will proceed free and clear of liens. A hearing to confirm the auction results is scheduled for early January. The site’s owner — two entities managed by Brazilian developer Gilberto Bomeny — filed for Chapter 11 protection earlier this year to stave off a UCC foreclosure.Â
While a minimum price has not been set, bidders will have to top a $101.5 million credit bid from Cirrus Real Estate Funding, the largest creditor in the bankruptcy case that alleges Bomeny’s entities defaulted on a $70 million loan, court filings show.Â
Concierge Auctions will conduct the sale and receive a 5 percent buyer’s premium to be split with the broker, or a $750,000 flat fee if Cirrus wins the property with its credit bid.
Gabriel Flores with ONE Commercial is marketing the site, which hit the market in April for $175 million.Â
In 2015, Bomeny’s entities paid $65 million for the property. The 10-story hotel was completed in 1950, records show.Â
A year before Bomeny’s entities purchased the property, the previous owner secured city approvals for a project dubbed Regalia on the Bay. Designed by Arquitectonica, the 82-story, 950,000-square-foot tower was planned to include 374 condos, 120 hotel rooms, offices, and retail, along with 500 parking spaces.
Judge Isicoff also authorized the closure of the existing Holiday Inn upon execution of a purchase agreement, with the hotel’s franchise license set to terminate on Jan. 5.Â
Bomeny was a development partner in the Zaha Hadid–designed One Thousand Museum condo tower in downtown Miami, and Regalia Residences in Sunny Isles Beach.
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var(–wp–preset–gradient–midnight) !important;}.has-small-font-size{font-size: var(–wp–preset–font-size–small) !important;}.has-medium-font-size{font-size: var(–wp–preset–font-size–medium) !important;}.has-large-font-size{font-size: var(–wp–preset–font-size–large) !important;}.has-x-large-font-size{font-size: var(–wp–preset–font-size–x-large) !important;}”,”type”:”list”,”__typename”:”StyleItem”}],”post”:{“id”:”cG9zdDoxMDAwNjg2″,”databaseId”:1000686,”title”:”Downtown Miami Holiday Inn redevelopment site heads to auction for $100M-plus”,”status”:”publish”,”slug”:”miami-holiday-inn-site-headed-to-auction-for-100m-plus”,”uri”:”/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/”,”link”:”https://therealdeal.com/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/”,”dateGmt”:”2025-11-14T14:45:00″,”contentTypeName”:”post”,”contentFiltered”:”u003cpu003eA distressed Holiday Inn site will hit the auction block next month, signaling a possible jumpstart for redeveloping one of the last major parcels in downtown Miami.u0026nbsp;u003c/pu003enu003cpu003eThe property at u003ca href=”/miami/2024/12/11/downtown-miami-holiday-inn-hit-with-70m-ucc-foreclosure/”u003e340 Biscayne Boulevardu003c/au003e, currently home to the 200-key Holiday Inn Port of Miami-Downtown, will be sold through a court-approved bankruptcy auction starting Dec. 3, culminating with a live sale in New York on Dec. 17, according to filings in Miami federal bankruptcy court.u0026nbsp;u003c/pu003enu003cpu003eOn Nov. 7, U.S. Bankruptcy Judge Laurel Isicoff ruled that the sale will proceed free and clear of liens. A hearing to confirm the auction results is scheduled for early January. The site’s owner — two entities managed by Brazilian developer Gilberto Bomeny — filed for Chapter 11 protection earlier this year to stave off a UCC foreclosure.u0026nbsp;u003c/pu003enu003cpu003eWhile a minimum price has not been set, bidders will have to top a $101.5 million credit bid from Cirrus Real Estate Funding, the largest creditor in the bankruptcy case that alleges Bomeny’s entities defaulted on a $70 million loan, court filings show.u0026nbsp;u003c/pu003enu003cpu003eConcierge Auctions will conduct the sale and receive a 5 percent buyer’s premium to be split with the broker, or a $750,000 flat fee if Cirrus wins the property with its credit bid.u003c/pu003enu003cpu003eGabriel Flores with ONE Commercial is marketing the site, which hit the market in April for u003ca href=”/miami/2025/04/29/gilberto-bomeny-lists-holiday-inn-port-of-miami-downtown/”u003e$175 millionu003c/au003e.u0026nbsp;u003c/pu003enu003cpu003eIn 2015, Bomeny’s entities paid $65 million for the property. The 10-story hotel was completed in 1950, records show.u0026nbsp;u003c/pu003enu003cpu003eA year before Bomeny’s entities purchased the property, the previous owner secured city approvals for a project dubbed u003ca href=”/miami/2014/12/24/77-story-tower-to-replace-downtown-holiday-inn/”u003eRegalia on the Bayu003c/au003e. Designed by Arquitectonica, the 82-story, 950,000-square-foot tower was planned to include 374 condos, 120 hotel rooms, offices, and retail, along with 500 parking spaces.u003c/pu003enu003cpu003eJudge Isicoff also authorized the closure of the existing Holiday Inn upon execution of a purchase agreement, with the hotel’s franchise license set to terminate on Jan. 5.u0026nbsp;u003c/pu003enu003cpu003eBomeny was a development partner in the Zaha Hadid–designed u003ca href=”/miami/2021/12/08/developers-of-zaha-hadid-designed-one-thousand-museum-pay-off-condo-inventory-loan/”u003eOne Thousand Museumu003c/au003e condo tower in downtown Miami, and u003ca href=”/miami/2019/08/22/inside-the-saga-that-led-regalias-developers-to-lose-ownership-of-their-most-prized-units/”u003eRegalia Residencesu003c/au003e in Sunny Isles Beach.u003c/pu003en”,”noAds”:false,”alternativeHeadline”:{“subheadline”:”Bankruptcy judge ordered sale of property that was previously approved for 82-story tower with 374 condos, 120 hotel rooms, retail and office space”,”__typename”:”AlternativeHeadline”},”updatedPost”:{“updated”:false,”date”:”2025-11-14T14:57:00+00:00″,”__typename”:”UpdatedPost”},”aiSummary”:{“summary”:”u003culu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003eThe distressed Holiday Inn redevelopment site at 340 Biscayne Boulevard in downtown Miami is set for a court-approved bankruptcy auction starting Dec. 3rd, with a final live sale on Dec. 17th.u003c/spanu003eu003c/liu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003eBidders must exceed a $101.5 million credit bid from Cirrus Real Estate Funding, the largest creditor in the case against the site’s owner, developer Gilberto Bomeny. The property was previously listed for $175 million.u003c/spanu003eu003c/liu003ernu003cli style=”font-weight: 400;” aria-level=”1″u003eu003cspan style=”font-weight: 400;”u003eThe site has city approvals for an 82-story tower, Regalia on the Bay, planned to include 374 condos, 120 hotel rooms, offices and retail. The existing hotel’s franchise license is scheduled to terminate on Jan. 5th.u003c/spanu003eu003c/liu003ernu003c/ulu003e”,”reviewed”:true,”disabled”:false,”autoGenerate”:false,”__typename”:”AISummary”},”audioArticleSettings”:{“audioUrl”:”https://eleven-public-cdn.elevenlabs.io/audio-native/a24c95b71e45d877e2798ceb32ef0ff8b1d79dced18bffc58f5b3a0c6e8468ac/nEm0LD6LvwJKlAjxiSQC/nEm0LD6LvwJKlAjxiSQC.mp3″,”__typename”:”AudioArticleSettings”},”mainArt”:{“mediaType”:”image”,”image”:{“node”:{“sourceUrl”:”/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1400×875.jpg”,”srcSet”:”/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1400×875.jpg 1400w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-300×188.jpg 300w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-700×438.jpg 700w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-200×125.jpg 200w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-768×480.jpg 768w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1024×640.jpg 1024w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-50×31.jpg 50w, /wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN.jpg 1600w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eGilberto Bomeny and render of the proposed project on the site at 340 Biscayne Boulevard in Miami (Au0026#8230;u003c/pu003en”,”altText”:”Gilberto Bomeny and render of the proposed project on the site at 340 Biscayne Boulevard in Miami”,”__typename”:”MediaItem”},”__typename”:”AcfMediaItemConnectionEdge”},”video”:null,”caption”:”Gilberto Bomeny and render of the proposed project on the site at 340 Biscayne Boulevard in Miami (Arquitectonica, Getty)”,”__typename”:”MainArt”},”featuredImage”:{“node”:{“sourceUrl”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1400×875.jpg”,”srcSet”:”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1400×875.jpg 1400w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-300×188.jpg 300w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-700×438.jpg 700w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-200×125.jpg 200w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-768×480.jpg 768w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-1024×640.jpg 1024w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN-50×31.jpg 50w, https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN.jpg 1600w”,”sizes”:”(max-width: 1400px) 100vw, 1400px”,”caption”:”u003cpu003eGilberto Bomeny and render of the proposed project on the site at 340 Biscayne Boulevard in Miami (Au0026#8230;u003c/pu003en”,”altText”:”Gilberto Bomeny and render of the proposed project on the site at 340 Biscayne Boulevard in Miami”,”mediaDetails”:{“sizes”:[{“width”:”1400″,”height”:”875″,”__typename”:”MediaSize”}],”__typename”:”MediaDetails”},”__typename”:”MediaItem”},”__typename”:”NodeWithFeaturedImageToMediaItemConnectionEdge”},”__typename”:”Post”,”template”:{“templateValue”:”right-rail”,”__typename”:”DefaultTemplate”},”seo”:{“title”:”Miami Holiday Inn Site Headed To Auction For $100M-Plus”,”fullHead”:”u003c!– This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v26.1.1) – https://yoast.com/wordpress/plugins/seo/ –u003enu003cmeta name=”description” content=”Distressed Holiday Inn redevelopment site in downtown Miami will be auctioned off next month.” /u003enu003cmeta name=”robots” content=”index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1″ /u003enu003clink rel=”canonical” href=”https://therealdeal.com/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/” /u003enu003cmeta property=”og:locale” content=”en_US” /u003enu003cmeta property=”og:type” content=”article” /u003enu003cmeta property=”og:title” content=”Downtown Miami Holiday Inn redevelopment site heads to auction for $100M-plus” /u003enu003cmeta property=”og:description” content=”Distressed Holiday Inn redevelopment site in downtown Miami will be auctioned off next month.” /u003enu003cmeta property=”og:url” content=”https://therealdeal.com/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/” /u003enu003cmeta property=”og:site_name” content=”The Real Deal” /u003enu003cmeta property=”article:publisher” content=”https://www.facebook.com/therealdealmedia/” /u003enu003cmeta property=”article:published_time” content=”2025-11-14T14:45:00+00:00″ /u003enu003cmeta property=”og:image” content=”https://static.therealdeal.com/wp-content/uploads/2025/11/MIA-Downtown-Miami-Holiday-Inn-redevelopment-site-heads-to-auction-for-100M-plus-MAIN.jpg” /u003entu003cmeta property=”og:image:width” content=”1600″ /u003entu003cmeta property=”og:image:height” content=”1000″ /u003entu003cmeta property=”og:image:type” content=”image/jpeg” /u003enu003cmeta name=”author” content=”TRD Staff” /u003enu003cmeta name=”twitter:card” content=”summary_large_image” /u003enu003cmeta name=”twitter:description” content=”A distressed Holiday Inn site will hit the auction block next month, signaling a possible jumpstart for redeveloping one of the last major parcels in downtown Miami.u0026nbsp; The property at 340 Biscayne Boulevard, currently home to the 200-key Holiday Inn Port of Miami-Downtown, will be sold through a court-approved bankruptcy auction starting Dec. 3, culminating with a live sale in New York on Dec. 17, according to filings in Miami federal bankruptcy court.u0026nbsp; On Nov. 7, U.S. Bankruptcy Judge Laurel Isicoff ruled that the sale will proceed free and clear of liens. A hearing to confirm the auction results is [u0026hellip;]” /u003enu003cmeta name=”twitter:creator” content=”@trdny” /u003enu003cmeta name=”twitter:site” content=”@trdny” /u003enu003cmeta name=”twitter:label1″ content=”Written by” /u003entu003cmeta name=”twitter:data1″ content=”Kevin Cifuentes” /u003entu003cmeta name=”twitter:label2″ content=”Est. reading time” /u003entu003cmeta name=”twitter:data2″ content=”2 minutes” /u003enu003cscript type=”application/ld+json” class=”yoast-schema-graph”u003e{“@context”:”https://schema.org”,”@graph”:[{“@type”:”NewsArticle”,”@id”:”https://therealdeal.com/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/#article”,”isPartOf”:{“@id”:”https://therealdeal.com/miami/2025/11/14/miami-holiday-inn-site-headed-to-auction-for-100m-plus/”},”author”:[{“@type”:”Person”,”@id”:”https://therealdeal.com/#/schema/person/afc7e355c5490681d6182551bfbd8959″,”name”:”TRD 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Miami market relevance
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Miami Holiday Inn Site: What to Plan Before You Start
Miami Holiday Inn Site: Practical Checklist
- Confirm scope and audience
- Define the content goal and CTA
- Use clear headings and examples
- Add supporting internal links
- Review before publishing
Most quality issues come from unclear scope and rushed publishing. A simple checklist improves consistency and readability.
Review your introduction, headings, and conclusion to ensure the article matches search intent and provides practical next steps for the reader.
FAQ: Miami Holiday Inn Site
What should be planned first?
Start with the goal, audience, and deliverables so the final content and media support the same outcome.
Need help implementing this workflow? Contact Miami Real Estate Insights & Market Trends to plan a practical content and media process.