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

1255 West Av, Miami Beach Fl 33139


Miami Beach, FL 33139

Business Opportunity

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 # : A10497669
Community : N/A
Total Acres : N/A
Address : 1255 West Av, Miami Beach Fl 33139
City : Miami Beach
Price : $ 12,000,000
Property Type : Business Opportunity
Built In : 2020
Postal Code : 33139
County : Miami-Dade County

Property Features

SQFT
1,634
Lot
Corner Lot
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
Pets Allowed
No
Gross taxes
0
Zoning
40/MUL M
Price Change
33.48 %
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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
$225,000
Neighborhood Median Price

Market Report

$7.3K
Listing Home Price/Sqft
$3.7K *
Median List Price/Sqft
N/A
Median Sold Price/Sqft
$7.3K
Listing Home Price/Sqft
$68 *
Median List Price/Sqft
N/A
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 # A10497669     $ 12,000,000

The Day & Jekov Group at CRR
RealStoria Level Agent
561-614-5353
info@realstoria.com
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