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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$8,990,000
724 days
For Sale • 0 BEDS • 0 BATHS • 1,634 SQFT

Overview

LAND OF 17,250 SQ. FT. IS BEING SOLD TO BUILD A NEW HOTEL OR CONDO. 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 BUILD 61 ROOMS WITH EVERYTHING PREVIOUSLY MENTIONED PLUS AN INDOOR NIGHT CLUB/BAR.

Facts and features

Type:
Land/Boat Docks
Year Built:
No Data
Heating:
No Data
Cooling:
No Data
Parking:
No Data
Lot:
0.33 Acres
Price/sqft:
$5,502

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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 ©2021-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.