About 1255 WEST AV, Miami Beach, Florida, 33139

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.

Water Source : Public

Lot Features : Item14to12AcreLot

Property Sub-Type Additional : Residential

Zoning Description : 40/MUL M

Water Source : Public

Lot Features : Item14to12AcreLot

Property Sub-Type Additional : Residential

Zoning Description : 40/MUL M

Street Address: 1255 WEST AV

City: Miami Beach

State: Florida

Postal Code: 33139

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.

Property Information :

Listing Status: Withdrawn

Size: 1,634 Sqft

MLS #: A10760403

Bathrooms: 0 ba

Price: $12,000,000

Tax Amount: 65000

Last Modified : Feb 24 2023 2:10AM

Courtesy of: Phillip Muskat, The Muskat Group, Inc. (MLS# MUSK01)

Source MLS: MAR