Caplan Realty Group

Caplan Realty Group
Buy and Sell In Miami

1255 West Av, Miami Beach, FL 33139 (MLS # A2038586)

Price $4,995,000
Status Active
Size n/a
Lot Size 17,250 sqft
Days on Market 10
50% INTEREST OF 17,250 SQ. FT. LAND IS BEING SOLD TO BUILD A NEW HOTEL. CURRENTLY OPERATING FOR OVER 5 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.
Property Type(s): Commercial Land
Last Updated 8/11/2017 Year Built 2016
Community Bay View Sub County Miami-Dade County

Price History

Prior to May 29, '17 $6,000,000
May 29, '17 - Today $4,995,000

Additional Details

BOARD IDENTIFIER A-Miami Association of REALTORS
COMPREHENSIVE PLAN USE Other Plan Use
ENVIRONMENTAL AUDIT None
LISTING TYPE Exclusive Agency
LOCATION Corner Lot
LOT DESCRIPTION Less Than 1 Acre
MUNICIPAL CODE 2
ON SITE UTILITIES Other Utilities Available
PROPERTY TYPE Commercial/Business/Agricultural/Industrial Land
ROAD DESCRIPTION City/County Maintained
SECTION 33
SEWER DESCRIPTION Public Sanitation
SHOWING INSTRUCTIONS Call Listing Agent, Call Listing Office
STATUS Active
STYLEOF PROPERTY Unimproved Hotel/Motel
TYPEOF PROPERTY Commercial
USAGE Unimproved Hotel/Motel
UTILITIES AVAILABLE Other Utilities Available
WATER DESCRIPTION Municipal Water
WATERFRONT PROPERTY YN 0

Location

 

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Listed with The Muskat Group, Inc.
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