1255 WEST AV

Miami Beach, FL 33139

$12,000,000

1255 WEST AV

Miami Beach, FL 33139

$12,000,000

  • Property TypeSingle Family
  • Sq Ft1,634
  • NeighbourhoodSouth Beach
  • MLS #A10760403

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.

Interior

  • General First Floor Entry, Family Room
  • Appliances Dishwasher, Refrigerator, Washer
  • Flooring Tile, Wood
  • A/Ctrue, Central Air
  • Heatingtrue, Central
  • Disability Feature Accessible Elevator Installed
  • Laundry Utility Room/ Laundry
  • Eco/Green Feature Appliances, Construction, Doors

Exterior

  • General Other Bldg Incl
  • Parking Driveway
  • Style Attached, Two Story
  • Pool In Ground

Construction

  • General Concrete Block Construction, C B S Construction
  • Windows Blinds, High Impact Windows
  • Roofing Concrete

Location

  • HOAYes
  • HOA Amenities Elevator(s), Exercise Room, Heated Pool, Pool, Spa/ Hot Tub, Trash Chute, $5,726 Monthly

Lot

  • Zoning40/ M U L M, B A Y V I E W S U B P B 9-110 L O T 8 L E S S E62.5 F T B L K 82 L O T S I Z E 5689 S Q U A R E F E E T O R 16528-0951 0994 5 C O C, 02-32-33-018-0090
  • View Bay View
  • Fencing Fenced
  • Current Use Multi- Family, Other Usage

Financial

  • Source Miami Association of R E A L T O R Su00ae, Miami Association of R E A L T O R Su00ae

Utilities

  • Utilities Other Utilities Available, Other
  • Water Municipal Water
  • Sewer Public Sewer

Schools

  • DistrictDade County School District

Location

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    Points of Interest

    Banks
    Bars
    Coffee Shops
    Convenience
    Gas Stations
    Hospitals
    Park
    Restaurants

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