Active

1255 WEST AV

Miami Beach FL, 33139

$15,000,000


$1,043.49 per sqft

Active

0.33 Acres

Land

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.

A10760403

MLS ID

October 21, 2019

Listed

February 15, 2024

Updated

Map

1255 WEST AV
Miami Beach FL, 33139

Exterior/Building Features

Lot Size

0.33 Acres


Lot Features

City Location, 1/4 To Less Than 1/2 Acre Lot, Other

Other Property Details

Area Name

Miami Beach


Taxes

$75,000


Tax Frequency

Annually


Days on Market

1487


Garage

No


View

Yes


View Description

Bay View


County

Miami-Dade County


Water Source

Municipal Water


Pool

No


Zoning

40/MUL M


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

9/27/2023

Price Change

$15,000,000

25%

Courtesy of The Muskat Group, Inc. with Phillip Muskat,
Listing Contact: 305-253-0000 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 8:42 PM UTC, 2/15/2024.

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