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1255 WEST AV Miami Beach, FL 33139
Price: $7,500,000
Type of Property: Commercial	Area: 32
Style of Property: Unimproved Hotel/Motel
ID#: 1010497675	Zoning_Information: 40/MUL M
Tax Amount: 0
Status: Active & Available	Tax Year: 2018
Approximate Lot Size: X
County: Miami-Dade County
Folio Number: 02-32-33-018-0090
Listed Date year/month/day: 2018-07-07
Legal:BAY VIEW SUB PB 9-110LOT 8 LESS E62.5FT BLK 82 LOT SIZE 5689 SQUARE FEET OR 16528-0951 0994 5 COC
50% INTEREST TO 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.

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