$12,000,000
BTC: 520.67266
ETH: 7054.17607
For Sale
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0 bds
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0 ba
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1,634 sqft
Price increase: +$3M / +33.48% (2022/05/10)
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
Parking:
No Data
Year Built:
No Data
Lot:
0.33 Acres
Heating:
No Data
Price/sqft:
$7,344
Cooling:
No Data
HOA:
No Data
All facts and features
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Property detailsLot• Lot: 0.33 AcresOther Property Information• Parcel Number: 02-32-33-018-0090• Zoning: 40/MUL M
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Construction detailsType and style• Property Type: Land/Boat Docks• Property Sub Type: Residential
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Utilities / Green Energy DetailsUtility• Other Utilities Available• Other
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HOA and Financial DetailsOther financial information• Annual tax amount: $65,000
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OtherSource details• MLS ID: A10760403Other facts• Lot Features: City Location / 1/4 To Less Than 1/2 Acre Lot / Other• Direction Faces: West• Other Structures: Other Bldg Incl• Living Area: 1634• Water Source: Municipal Water• Subdivision Name: Miami Beach
Estimate
$0
Estimated sales range: $0 - $0
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