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"Finding the Right  Property for You"

Chris Ricci

Licensed REALTOR

$4,995,000

1255 WEST AV Miami Beach, FL 33139

Beds: 0
Baths: 0.00
Sq Ft: 0
Type: Commercial/Business/Agricultural/Industrial Land
MLS#: A10497675
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Hi, Christopher Ricci.

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and I have a question about 1255 WEST AV Miami Beach

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Estimated Monthly Payment

$5,051
Interest Rate %
Down Payment
5 year
15 year
30 year

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., Directions PRIME LOCATION. AMAZING WEST AVE FOOT & AUTO EXPOSURE BETWEEN BARTON G RESTAURANT & 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.

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DescriptionInterior & Exterior Features

Interior Features Include:

No Information Available.

Exterior Features Include:

Acreage: 0.3300 Acres

Lot:
Description Less Than 1 Acre
Square Feet 17250
Road Frontage 115
Waterfront 0

Other Features Include:

Subdivision: Bay View Sub

Water: Municipal Water

Sewer: Public Sanitation

This Listing is Presented By
0455894

Christopher Ricci

RE/MAX Integrity

Cell: (954) 770-8872

Work: (954) 770-8872

Fax: (866) 473-0082

Email: csr@chrissricci.com

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Information provided by Miami MLS, and is deemed reliable but not guaranteed accurate.

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