1255 West Av, Miami Beach Fl 33139
Commercial
Type
$12,000,000
List Price
$3,010,000
For Sale0
Beds
0.0
Baths
Property Description
Miami Beach Homes for Sale. 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
Property Information
| MLS # | : | A10497662 |
| Community | : | N/A |
| Total Acres | : | N/A |
| Address | : | 1255 West Av, Miami Beach Fl 33139 |
| City | : | Miami Beach |
| Price | : | $ 12,000,000 |
| Property Type | : | Commercial |
| Built In | : | 2020 |
| Postal Code | : | 33139 |
| County | : | Miami-Dade County |
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Listing courtesy of Phillip Muskat , The Muskat Group, Inc..
