Price History

$12,000,000
10/21/2019

$15,000,000
9/27/2023


1255 WEST AV, Miami Beach, FL, 33139

1255 WEST AV, Miami Beach, FL, 33139

1,634 sqft

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.


Status:

Active

Type:

Land (Residential)

Zoning:

40/MUL M

Subdivision:

Miami Beach

Acreage:

0.33

Est. Taxes:

$75,000

Utilities

Other

Lot Description:

1/4 to 1/2 Acre Lot

View Description:

Bay

Days on Market:

1630

MLS #:

A10760403


Community Info

School Info

Walk Score

Yelp



Listing courtesy of The Muskat Group, Inc. Phone: 305-253-0000