Home » Miami Beach » 1255 WEST AV, Miami Beach, FL 33139 | A10760403

Residential For Sale 1255 WEST AV, Miami Beach, FL 33139

$19,900,000

Property Highlights

Listing ID A10760403 Status of this Listing: Active For Sale Property Type Land Residential Living Space 1,634 Sqft/151.80 m2 approx. Building Area 1,634 Sqft/151.80 m2 approx. Lot area 17,250 Sqft/1602.58 m2 approx. Time of this property on Rebonus 1874 Day(s)

1255 WEST AV, Miami Beach, FL 33139

Property 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 OTHERS FROM DEVELOPMENT IN THE FUTURE.

Land Residential For Sale located at 1255 WEST AV Miami Beach FL 33139 in Miami-Dade referenced as ID MLS # A10760403. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Previous Asking Price:$15,000,000
Original List Price:$8,990,000

Land Lot (Parcel) Details

Number of Lots:3
Lot Size Acres:0.33
Lot Features:
  • 1/4 To 1/2 Acre Lot
Lot Size Unit:Square Feet

Property Features

View from the Property:
  • Bay
Waterfront:No
Building Features:
  • Other
Property Entrance Faces:
  • West
Road Responsibility:
  • Public Maintained Road

Taxes and Expenses

Tax Annual Amount:$75,000

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Conventional
Buyer Possession:
  • Other
Lease Considered:No

Community

Subdivision Name:Miami Beach
Senior Community:No
Development Status:
  • Other
  • Site Plan Filed

Parking

Covered Spaces:0

Utilities

Utilities Available:
  • Other
Water Source:
  • Public

More Details

Other Information:
Ref361849171
Municipal Code2
Subdivision Number18

Zoning and Legal

Tax Legal Description:BAY VIEW SUB PB 9-110LOT 8 LESS E62.5FT BLK 82 LOT SIZE 5689 SQUARE FEET OR 16528-0951 0994 5 COC
Real Estate Folio Number (Parcel Number):02-32-33-018-0090
Zoning Description:40/MUL M
Public Survey Township:2
Public Survey Range:32
Public Survey Section:33

Listing History

Update/EventDate/Days
Published Date:October 21, 2019 6:03 pm
On Market Date:October 21, 2019
Price Change Date Time:November 1, 2024 1:52 pm
Last Important Update Description:Price Change
Date and Time of Last Important Update:November 1, 2024 1:52 pm
Status Last Changed:October 21, 2019 6:03 pm
Photos Last Modified:November 13, 2023 6:43 pm
Last Modified:November 1, 2024 5:52 pm
Days on the Market Reference Date:November 1, 2024
Days on the Market (updated on Last Modified*):1838
Cumulative Days on the Market (updated on Last Modified**):1838

Additional Information

Lot Size Range:1/4 To Less Than 1/2 Acre Lot
Number of Photos:4
Location:,City Location,1/4 To Less Than 1/2 Acre Lot
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:The Muskat Group, Inc.
Universal Property Id:US-12086-N-0232330180090-R-N

Location

Show Property Address:Yes
Street Name:WEST AV
Street Number:1255
Street Address:1255 WEST AV
City : Miami Beach
State : Florida
Zip Code : 33139
County : Miami-Dade
Full Address:1255 WEST AV, Miami Beach, FL 33139
Latitude:N25° 47' 0.9''
Longitude:W81° 51' 29.3''

Neighborhood

Postal City:Miami Beach

Property Map