Bikini Hostel, Cafe & Beer Gar, Business Opportunity – 1255 West Ave, Miami Beach, FL 33139, USA-001-11-30T00:00:00-05:00
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 DEVELOP

1255 West Ave, Miami Beach, FL 33139, USA

$8,990,000 USD
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Address1255 WEST AV, Miami Beach
Building NameBikini Hostel, Cafe & Beer Gar
Type of PropertyHotel / Motel, Lounge, Restaurant
Business LocationCorner Lot
Property StyleBar / Lounge Only, Business, Restaurant
Price$8,990,000
Previous Price$9,990,000 (234 days ago)
Property StatusActive
MLS NumberA10497669
Year Built2020
Parking Space Number9
Folio Number02-32-33-018-0090
Zoning Information40/MUL M
Days on Market837

Detailed Description: 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, AN INDOOR NIGHT CLUB / BAR. SELLER WILL CONSIDER FOR HALF THE LIST PRICE A 50% JOINT VENTURE.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1255 WEST AV
Business LocationCorner Lot
Section33
Zip Code (4 Digits)4307
Google Location Info1255 West Ave, Miami Beach, FL 33139, USA
Financial Information
Price$8,990,000
Previous Price$9,990,000
Folio Number02-32-33-018-0090
Tax Year2018
Full Descriptions
Detailed DescriptionBIKINI 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, AN INDOOR NIGHT CLUB / BAR. SELLER WILL CONSIDER FOR HALF THE LIST PRICE A 50% JOINT VENTURE.
How to ReachPRIME 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 DescriptionAssigned
Property parameters
Zoning Information40/MUL M
Year Built2020
Type of PropertyHotel / Motel, Lounge, Restaurant
StyleBar / Lounge Only, Business, Restaurant
Building NameBikini Hostel, Cafe & Beer Gar
Parking Space Number9
Listed withThe Muskat Group, Inc.