Weston Real Estate For Sale
South Florida Real Estate
Miramar
Pembroke Pines




1255 West Av, Miami Beach, Florida

Real Estate For Sale

$8,990,000

Beds Baths

1255 West Av
Miami Beach , FL 33139

Vacant Land - Active

MLS #: A10497653


Lot Dimensions: 115x150

Tax Year: 2018
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REMARKS: LAND OF 17,250 SQ. FT. IS BEING SOLD TO BUILD A NEW HOTEL. CURRENTLY OPERATING FOR OVER 7 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, 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.

AMENITIES: Licensed Owner, Corner Lot, Less Than 1 Acre, Public Water Supply,
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