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

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

Florida, Miami Beach

More Images
AED 16,507,529 ( $4,495,000) Property Type: Commercial Unit Type: Farms & Land Location: Florida, Miami Beach Bedrooms: Studio Plot size: 17,250 Sq ft Watch Video
50% INTEREST OF 17,250 SQ. FT. LAND IS BEING SOLD TO BUILD A NEW HOTEL. CURRENTLY OPERATING FOR OVER 7 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.
General Description
Web Reference: RO-RETSCLS-MX-231629632
Listing Ref No: A10497675
Country: United States
City: Miami Beach
State: Florida
Latitude: 25.783728
Longitude: -80.141998
Exclusive: No
Property Type: Commercial
Sale
Commercial Property Type: Farms & Land
Furnished: No
Tenanted: No
Attributes
Lot/Plot Size SqF: 17250.00
Lot/Plot Size SqM: 1602.27
Agent Phillip Muskat Company The Muskat Group, Inc.

NB: All information displayed is believed to be accurate but is not guaranteed and should be independently verified.
No warranties or representations are made of any kind.