$6,000,000
BTC: 260.33633
ETH: 3527.08804
For Sale
•
0 bds
•
0 ba
•
1,634 sqft
Price increase: +$1M / +20.12% (2022/05/10)

Overview
50% INTEREST OF 17,250 SQ. FT. LAND IS BEING SOLD TO BUILD A NEW CONDO OR HOTEL. CURRENTLY OPERATING FOR OVER 8 YEARS IS BIKINI HOSTEL, CAFE & BEER GARDEN. A PROFITABLE 11,200 SQ. FT. HOSTEL HOTEL WITH 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS AND A 5AM ALCOHOL LICENSE. KEEP AS IS OR DEMOLISH & DEVELOP THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL OR CONDO-HOTEL ON WEST AVE. RECENT ORDINANCE RESTRICTS ANY OTHERS FROM DEVELOPMENT IN THE FUTURE. PRIOR PLANS HAD DESIGN REVIEW BOARD, VARIANCE, & ENTITLEMENT APPROVALS FOR: UP TO 6 STORIES, 34,500 SQ. FT, 66 ROOMS WITH RETAIL, RESTAURANT / LOUNGE TO 5:00AM ALCOHOL LICENSE, VENUE SPACE FOR SPECIAL EVENTS & ROOFTOP POOL & CABANAS OR IF 61 ROOMS, CAN ADD AN INDOOR NIGHT CLUB / BAR.
Facts and features
Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.33 Acres
Heating:
No Data
Price/sqft:
$3,672
Cooling:
No Data
HOA:
No Data
All facts and features
-
Property detailsLot• Lot: 0.33 AcresOther Property Information• Parcel Number: 02-32-33-018-0090• Zoning: 40/MUL M
-
Construction detailsType and style• Property Type: Commercial Land• Property Sub Type: Commercial
-
Utilities / Green Energy DetailsUtility• Other Utilities Available• Other
-
OtherSource details• MLS ID: A10497675Other facts• Lot Features: Corner Lot / Less Than 1 Acre• Living Area: 1634• Water Source: Municipal Water• Lot Size Dimensions: 115x150• Subdivision Name: BAY VIEW SUB
Estimate
$0
Estimated sales range: $0 - $0
Similar Homes
Contact Agent
The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2022-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Muskat Group, Inc.