1255 WEST AV Miami Beach, FL 33139

FOR SALE - Active
$19,900,000
$8,990,000 (121.4%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 1,634 ft2/151.80 m2
  • Price Per: $12,178.70 ft2/$131,090.52 m2
  • Type: Land/Lots/Boat Docks
  • Built: No info
  • HOA: No info
  • MLS Number: A10760403
  • View Bay
  • On Site: 1,859 days
  • Updated: Listing Refreshed: 21 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
11/01/2024Price Increased$19,900,000.0032.7%$12,178.70 ft2/$131,090.52 m2
10/07/2024Price Increased$15,000,000.0025.0%$9,179.93 ft2/$98,811.95 m2
05/10/2022Price Increased$12,000,000.0033.5%$7,343.94 ft2/$79,049.56 m2
10/24/2024Listed$8,990,000.00$5,501.84 ft2/$59,221.30 m2

Contact Information

Tracey Schmitt
Real Estate Advisor
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
Contact Advisor
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