> Miami Beach > 1255 West Av, Miami Beach Fl 33139

1255 West Av, Miami Beach Fl 33139


Miami Beach, FL 33139

Commercial

Type

$12,000,000

List Price

$3,010,000

For Sale

0

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

Property Features

SQFT
1,634
Sub Type
Hotel/Motel
Driving Directions
PRIME LOCATION. AMAZING WEST AVE FOOT & AUTO EXPOSURE BETWEEN BARTON G RESTAURANT & 1 BLOCK DIAGONALLY ACROSS FROM MONDRIAN HOTEL. INTER-COASTAL WATER VIEWS ACROSS THE STREET FROM 2ND FLOOR UP. LAND IS: 1255 WEST AVE, 1247 WEST AVE AND 1234 13 ST.
Parking
Assigned
Legal
BAY VIEW SUB PB 9-110LOT 8 LESS E62.5FT BLK 82 LOT SIZE 5689 SQUARE FEET OR 16528-0951 0994 5 COC
Pets Allowed
No
Zoning
40/MUL M
Specials
Sale
Price Change
33.48 %
Buildings
3
Send a request to Property Owner to visit the property

Mortgage Calculator


/year
/year
/year
/month

Your Mortgage Payment:

Principle Interest

Property Tax

Home Insurance

Private Mortgage Insurance

HOA Dues

Disclaimer: All figures are estimates only and are for informational purposes only. They are not meant to be used as quotes and you should always seek the help of a professional mortgage loan officer to calculate your exact numbers.
1%
Less expensive than nearby properties
$6,500
Neighborhood Median Price

Market Report

$7.3K
Listing Home Price/Sqft
$680 *
Median List Price/Sqft
$320 *
Median Sold Price/Sqft
$7.3K
Listing Home Price/Sqft
$501 *
Median List Price/Sqft
$256 *
Median Sold Price/Sqft
All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Similar Homes For Sale

Listing courtesy of Phillip Muskat , The Muskat Group, Inc..

MLS # A10497662     $ 12,000,000

The Day & Jekov Group at CRR
RealStoria Level Agent
561-614-5353
info@realstoria.com
Can't read text? Try another