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$12,000,000 • living size area 1634 sqft
Land of 17,250 sq. ft. is being sold to build a new hotel or condo. currently operating for over 8 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. 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.
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Courtesy of One Sotheby's International Realty
1255 WEST AVE, MIAMI BEACH, FL 33139
Asking Price$12,000,000 Change Price$3,010,000
Share by:
Other Land - Miami Beach for Sale
1255 WEST AVE, MIAMI BEACH, FL 33139Asking Price$12,000,000 Change Price$3,010,000
- Living 1634sqft
- Lot size 17250sqft
- Taxes $65,000
-
Days on market:
1156 day(s) -
Adjusted Area:
1506 sqft Original Price:
$8,990,000-
Price per sqft:
$7343.94 Tax Legal Description:
BAY VIEW SUB PB 9-110LOT 8 LESS E62.5FT BLK 82 LOT SIZE 5689 SQUARE FEET OR 16528-0951 0994 5 COCTax Year:
2018-
MLS:
A10760403 -
Property Type:
Land -
View:
Bay View
Lot Features:
City Location1/4 To Less Than 1/2 Acre Lot Other
Description
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