Property > Commercial > > United States > Florida > SEARCHING FOR AN EXPERIENCED HOTEL PARTNER TO JOINT VENTURE DEVELOP & FINANCE THE CONSTRUCTION OF THE LAST GROUND UP OPPORTUNITY ALLOWED ON WEST AVE.

SEARCHING FOR AN EXPERIENCED HOTEL PARTNER TO JOINT VENTURE DEVELOP & FINANCE THE CONSTRUCTION OF THE LAST GROUND UP OPPORTUNITY ALLOWED ON WEST AVE.

Florida, Miami Beach

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AED 16,507,529 ( $4,495,000) Property Type: Commercial Unit Type: Hotel/Hotel Apartments Location: Florida, Miami Beach Bedrooms: Studio Watch Video
LIST PRICE BUYS 50% INTEREST OR SELLER WOULD SELL 100% FOR DOUBLE THE PRICE. 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 & ROOFTOP POOL & CABANAS OR WITH 5 ROOMS LESS, AN INDOOR NIGHT CLUB/BAR.
General Description
Web Reference: RO-RETSCLS-MX-311796093
Listing Ref No: A10497673
Country: United States
City: Miami Beach
State: Florida
Latitude: 25.783728
Longitude: -80.141998
Exclusive: No
Property Type: Commercial
Commercial Property Type: Hotel/Hotel Apartments
Furnished: No
Tenanted: No
Attributes
Agent Phillip Muskat Company The Muskat Group, Inc.

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