1255 WEST AV, Miami Beach, 33139
MLS#: A2044627

Description:

AT $6M SELLER WILL CONSIDER A JOINT VENTURE WITH EXPERIENCED HOTEL PARTNER TO DEVELOP & FINANCE CONSTRUCTION OF THE LAST NEW HOTEL ALLOWED ON WEST AVE

LAND OF 17,250 SQ. FT. 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, VARIANC

Key Features:

  • Price: $12,000,000
  • Property Type: Commercial/Business/Agricultural/Industrial Land
  • Waterfront Property: No

Price: $12,000,000

  • County: Miami-Dade County
  • Municipal Code: 2

MLS#: A2044627

  • Year Built: 2016
  • Address: 1255 WEST AV
  • City Name: Miami Beach
  • State: Florida
  • 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.
  • Virtual Tour: Virtual Tour [link]

Property Type: Commercial/Business/Agricultural/Industrial Land

  • Internet: Yes
  • Tax Year: 2017
  • Legal Description: BAY VIEW SUB PB 9-110LOT 8 LESS E62.5FT BLK 82 LOT SIZE 5689 SQUARE FEET OR 16528-0951 0994 5 COC

Last Changed: 2017-05-01 15:53:14
This listing is courtesy of: The Muskat Group, Inc.

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