1255 West Ave, Miami Beach, FL 33139, USA
$4,495,000 USD
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| Address | 1255 WEST AV, Miami Beach |
| Building Name | Bikini Hostel, Cafe & Beer Gar |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel, Restaurant / Bar |
| Property Style | Hotel Non-Waterfront |
| Price | $4,495,000 |
| Previous Price | $4,995,000 (155 days ago) |
| Property Status | Active |
| MLS Number | A10497673 |
| Property Size | 1634 |
| Lot Size | 1634 |
| Year Built | 2020 |
| Parking Space Number | 9 |
| Folio Number | 02-32-33-018-0090 |
| Zoning Information | 40/MUL M |
| Days on Market | 1019 |
Detailed Description: LIST PRICE BUYS 50% INTEREST OR SELLER WOULD SELL 100% FOR DOUBLE THE PRICE. BIKINI HOSTEL, CAFE and 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 and 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, and 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 and ROOFTOP POOL, CABANAS OR IF 5 ROOMS LESS, NIGHT CLUB / BAR.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33139 |
| Address | 1255 WEST AV |
| Section | 33 |
| Zip Code (4 Digits) | 4307 |
| Google Location Info | 1255 West Ave, Miami Beach, FL 33139, USA |
Financial Information
| Price | $4,495,000 |
| Price per Foot | $0 |
| Previous Price | $4,995,000 |
| Folio Number | 02-32-33-018-0090 |
Full Descriptions
| Detailed Description | LIST PRICE BUYS 50% INTEREST OR SELLER WOULD SELL 100% FOR DOUBLE THE PRICE. BIKINI HOSTEL, CAFE and 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 and 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, and 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 and ROOFTOP POOL, CABANAS OR IF 5 ROOMS LESS, NIGHT CLUB / BAR. |
| Year Built Description | New Construction |
| How to Reach | PRIME LOCATION. AMAZING WEST AVE FOOT and AUTO EXPOSURE BETWEEN BARTON G RESTAURANT and 1 BLOCK DIAGONALLY ACROSS FROM MONDRIAN HOTEL. INTER-COASTAL WATER VIEWS ACROSS THE STREET FROM 2ND FLOOR UP. LAND IS: 1255 WEST AVE, 1247 WEST AVE AND 1234 13 ST. |
| Parking Description | Assigned |
Property parameters
| Living Area | 1634 |
| Lot Size | 1634 |
| Total Acreage | 0.000 |
| Zoning Information | 40/MUL M |
| Maximum Leasable Size | 1634 |
| Year Built | 2020 |
| Type of Property | Hotel / Motel |
| Type of Business | Hotel / Motel, Restaurant / Bar |
| Style | Hotel Non-Waterfront |
| Building Name | Bikini Hostel, Cafe & Beer Gar |
| Parking Space Number | 9 |
| Listed with | The Muskat Group, Inc. |