39 photos
USD 7,500,000
1255 WEST AV
Miami Beach, Florida 33139
For Sale
Property Description
50% INTEREST TO BUILD 34,500 SQ. FT. OR POSSIBLY MORE WITH FLORIDA LIVE LOCAL ACT OF A CONDO, HOTEL, CONDO HOTEL, OR HOSTEL. CURRENT HOSTEL, HOTEL & 5AM LIQUOR LICENSES OPERATING FOR OVER 13 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. ORDINANCE RESTRICTS OTHERS FROM DEVELOPMENT IN THE FUTURE.
Listed by The Muskat Group, Inc.
Virtual Tours
Property Details
- ID #
- A10497673
- Status
- Sale
- Type
- Commercial, Industrial, Hotel
- Zip Code
- 33139
- Building Area
- 1,634ft2
- Year Built
- 2020
- Parking Spaces
- 9
- Occupancy
- Call Listing Agent
- Parking
- Assigned Parking
- Type of Building
- Hotel/Motel, Restaurant/Bar
- Utilities
- Internet
- Zoning Information
- 40/MUL M
Neighborhood Map
Get Directions
Listing content provided by the Miami Association of Realtors
Disclaimer: BBC: 3.0%, The offer of compensation is made only to participants of the MLS where the listing is filed.