Bay View, 1255 West Ave Miami Beach, FL 33139

$19,900,000Price
N/ASqFt

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Size: 17,250 ft2 / 1,603 m2
Price: $1,154 ft2 / $12,418 m2
MLS Number: A10760403
View: Bay
On Site: 1992 Days
Updated: 154 Days ago
Page Views: 0
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.

Features

All features
Property SqFt: 17250
Remarks: 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.
Internet Remarks: 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.
View: Bay
Waterfront: No info
Directions: West
Days on Market: 1838
Office Name: The Muskat Group, Inc.
Area: 17250
Taxes: 75000
Tax Year: 2023
Listing Date: 2019-10-21T18:03:33.000-00:00
Lot Size Square Feet: 17250

Price History

11/01/2024

Date

Price Increased

Event

$19.9M

Price

32.67%

Change Rate

$1,154 ft2 / $12,418 m2

Price Per

09/27/2023

Date

Price Increased

Event

$15M

Price

25%

Change Rate

$870 ft2 / $9,360 m2

Price Per

05/10/2022

Date

Listed

Event

$12M

Price

$696 ft2 / $7,488 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Phillip MuskatThe Muskat Group, Inc. • Buyer Agency Compensation .

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Unit 1255 West Ave – Asking

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