|
$4,495,000
1255 WEST AV
MIAMI BEACH, FL 33139
Beds Baths
Vacant Land - MLS#: A10497675
Subdivision: BAY VIEW SUB Subdivision
50% Interest Of 17,250 Sq. Ft. Land 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.
|