BIKINI HOSTEL, CAFE & BEER GARDEN HOTEL PROFITABLY OPERATING FOR OVER 5 YEARS, WITHIN 11,200 SQ. FT, 35 ROOMS, OVER 200 BEDS, RESTAURANT/BAR WITH 188 CAPACITY, 90 FOOD SERVICE SEATS & 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 ON WEST AVE. RECENT ORDINANCE RESTRICTS 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 AND ROOFTOP POOL & CABANAS OR WITH 5 ROOMS LESS, AN INDOOR NIGHT CLUB/BAR. SELLER WILL CONSIDER FOR HALF THE LIST PRICE A 50% JOINT VENTURE.
|DAYS ON MARKET||257||LAST UPDATED||12/1/2017|
|YEAR BUILT||2019||COUNTY||Miami-Dade County|
|STATUS||Active||PROPERTY TYPE(S)||Business Opportunity|
|Prior to May 29, '17||$12,000,000|
|May 29, '17 - Today||$9,990,000|
|BOARD IDENTIFIER||A-Miami Association of REALTORS|
|ELECTRIC SERVICE||Other Electric|
|LISTING TYPE||Exclusive Agency|
|LOCATIONOF PROPERTY||Corner Lot|
|PARKING DESCRIPTION||Assigned Parking|
|PROPERTY TYPE||Business Opportunity|
|SOURCEOF EXPENSES||Other Source Of Expenses|
|STYLEOF BUSINESS||Bar/Lounge Only, Business, Restaurant|
|TYPEOF BUILDING||Hotel/Motel, Lounge, Restaurant|
CONTACT US ABOUT 1255 WEST AV
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Heitter Schilling to contact you even if your name is on a Federal or State "Do not call List".
Listed with The Muskat Group, Inc.
The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors Regional MLS and is provided here for consumers personal, non-commercial use, It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real Estate listings held by brokerage firms other than the office owning this web site are marked. Data provided is deemed reliable but not guaranteed.