1255 West Avenue

Miami Beach, FL 33139

$15,000,000
Price
17,250 / 0.40
Lot Size / Acres

Description

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...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.
  1. Listed by Phillip Muskat • The Muskat Group, Inc.

Property Details for 1255 West Avenue

Subdivision
Miami Beach
Waterfront
No
Area
32
Sq Ft Total
1634
Sq Ft Liv Area
1634.0
AdjustedAreaSF
1506.0

Location

Listing Courtesy of The Muskat Group, Inc.
Add your commute
LISTING UPDATED: 11/16/2023 05:00 AM

Property Details for 1255 West Avenue

StatusActive
MLS #A10760403
Days on Market1621
Taxes$75,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeResidential Land/Boat Docks / Residential
Year Built-
Lot Size0.40 AC
CountyMiami-Dade County

Location

Listing Courtesy of The Muskat Group, Inc.
Add your commute

Building Information for 1255 West Avenue

Building Size-Lot Size0.40 AC

Payment Calculator

$88,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$81,861

Property Taxes

$6,250

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1255 West Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-32-33-018-0090
  • Parcel Number MLX: 0090
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 33
  • Subdivision Number: 18
  • Subdivision Complex Bldg: Miami Beach
  • Zoning Information: 40/MUL M
General Information
General Information
  • Style of Property: Zoned Multifamily
  • Usage Description: Other Usage
  • County Land Code: HOTE
  • Front Exposure: West
  • Num Parcels: 3
  • Total Acreage: 0
  • Approximate Lot Size: 17250
  • Property Sq Ft: 17250
  • Building Includes: Other Bldg Incl
  • Development: Other Development Incl, Recorded Plat
  • Location: City Location
  • Road Description: City/County Maintained
  • Type of Trees: Other Trees
  • Lot Description: 1/4 To Less Than 1/2 Acre Lot
  • Water View: Bay View
  • Virtual Tour: www.bikiniHostel.com
Additional Property Information
Utilities
  • Utilities Available: Other Utilities Available
  • On Site Utilities: Other Utilities Available
  • Water Description: Municipal Water
Additional Property Information
  • Guest Accommodations: No
  • Miscellaneous Improvements: Other
Financial Information
Financial Information
  • Tax Year: 2023

Property History for 1255 West Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1255 West Avenue

Taxable ValueLand$1,365,360Additions$10,000Total$1,375,360
Tax Record2022$23,277 ($1,940 / month)
Home Facts
Total Finished SqFt1,634 SqFtAbove Grade Finished SqFt1,634 SqFtStories1Lot Size5,689 SqFtStyleHotel / MotelYear Built1935Zoning4000:MULTI-FACountyMIAMI-DADEAPN02-3233-018-0090

Schools near 1255 West Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Fienberg/Fisher K-8 Center
PublicPK to 8

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1255 West Avenue is a 0.40 ac of land for sale in Miami Beach, FL 33139. This property was listed for sale on October 21, 2019 by The Muskat Group, Inc., it's currently listed at $15,000,000. It has been on the market for a total of 1621 days and was last sold on September 29, 2010. This listing's school district is Miami-Dade. Nearby schools include Air Base K-8 Center for International Education, Fienberg/Fisher K-8 Center and Nautilus Middle School. 1255 West Avenue is a 0-bed, 0-bath, 1,634 sqft 0.40 ac of land on a 17,250 sq. ft. / 0.40 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Muskat Group, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.