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1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139 1255 WEST AV, Miami Beach FL 33139
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$12,000,000

BTC: 501.62485

ETH: 6387.15756

1500 days
For Sale • 0 bds • 0 ba • 1,634 sqft
Price increase: +$2M / +20.12% (2022/05/10)

Overview

BIKINI HOSTEL, CAFE & BEER GARDEN HOTEL PROFITABLY OPERATING FOR OVER 8 YEARS, WITHIN 11,200 SQ. FT, 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS & 5AM ALCOHOL LICENSE. SITS ON 17,250 SQ. FT. OF LAND THAT HAS DEVELOPMENT RIGHTS TO DEMOLISH THE EXISTING OPERATION AND BUILD THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL OR CONDO-HOTEL ON WEST AVE. RECENT ORDINANCE RESTRICTS 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 AND ROOFTOP POOL & CABANAS OR IF 5 ROOMS LESS, AN INDOOR NIGHT CLUB/BAR. SELLER WILL CONSIDER FOR HALF THE LIST PRICE A 50% JOINT VENTURE

Facts and features

Type:
Commercial Sale
Parking:
Assigned
Year Built:
2020
Lot:
1634 Square Feet
Heating:
No Data
Price/sqft:
$7,344
Cooling:
No Data
HOA:
No Data
All facts and features
  • Property details
    Parking
    • Assigned
    Lot
    • Lot: 1634 Square Feet
    Other Property Information
    • Parcel Number: 02-32-33-018-0090
    • Zoning: 40/MUL M
  • Construction details
    Type and style
    • Property Type: Commercial Sale
    • Property Sub Type: Hotel/Motel
  • Other
    Source details
    • MLS ID: A10497662
    Other facts
    • Living Area: 1634

Estimate

$0
Estimated sales range: $0 - $0

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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.