• -- Beds
  • -- Baths
  • -- sq ft
  • -- lot
  • $4,495,000
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LIST PRICE BUYS 50% INTEREST OR SELLER WOULD SELL 100% FOR DOUBLE THE PRICE. BIKINI HOSTEL, CAFE & BEER GARDEN HOTEL PROFITABLY OPERATING FOR OVER 8 YEARS, WITHIN 11,200 SQ. FT, 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS & 5AM ALCOHOL LICENSE. SITS ON 17,250 SQ. FT. OF LAND THAT HAS DEVELOPMENT RIGHTS TO DEMOLISH THE EXISTING OPERATION AND BUILD THE LAST GROUND UP OPPORTUNITY ALLOWED OF A NEW HOTEL OR CONDO-HOTEL ON WEST AVE. RECENT ORDINANCE RESTRICTS 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 IF 5 ROOMS LESS, NIGHT CLUB/BAR.
MLS #A10497673Days on Market239
Last Updated10/21/2019Year Built2020
CountyMiami-Dade CountyStatusActive
Property Type(s)Commercial

Additional Features & Details

Acreage Description
  • 1/4+ To 1/2 Acre
Board Identifier
  • A-Miami Association of REALTORS
Column Description
  • Unknown
Door Height
  • Door Ht 0-8'
Electric Service
  • Other Electric
Environmental Audit
  • None
Information Available
  • Other Available Information
Listing Type
  • Exclusive Agency
Municipal Code
  • 2
Parking Description
  • Assigned Parking
Prop Type Typeof Building
  • Hotel/Motel
  • Restaurant/Bar
Property Type
  • Commercial/Industrial
Section
  • 33
Showing Instructions
  • Call Listing Agent
  • Call Listing Office
Status
  • Active
Styleof Property
  • Hotel Non-Waterfront
Typeof Property
  • Hotel
Waterfront Property YN
  • 0
Year Built Description
  • New Construction

Zestimate Details for: 1255 West Av, Miami Beach, FL

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Listed with The Muskat Group, Inc.
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