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Property Description

50% INTEREST OF 17,250 SQ. FT. LAND IS BEING SOLD TO BUILD A NEW HOTEL. CURRENTLY OPERATING FOR OVER 5 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 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.

Features
: Municipal water
Address Map
US
FL
Miami-Dade County
Miami Beach
33139
Additional Information
32
BAY VIEW SUB
02-32-33-018-0090
2017
40/MUL M
Coconut grove
Ponce de leon
Coral springs
$290
02-3233-018-0110
17,250 Sqft
17,250 Sqft
1

1255 WEST AV

Miami Beach, Florida 33139

17,250 Sqft
$4,995,000
Listing ID #A2038586
Basic Details
Property Type : Commercial Land
Listing Type : For Sale
Listing ID : A2038586
Price : $4,995,000
View : Garden view,other view
Year Built : 2016
Lot Area : 17,250 Sqft
Status : Active
Agent info
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