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.
Property Details
Property Features
Property Information:
Living Area: 1,634 SqFt
Listing Office:
Office Name: The Muskat Group, Inc.
Office Phone: (305) 253-0000
Listing Agent: Phillip Muskat
Exterior Features
Exterior Information:
View: Bay
Lot Features
Lot Information:
Lot Size: 0.33 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $19,900,000
Price Per SqFt: $12,179/SqFt
Tax Information:
Annual Amount: $23,891
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Fienberg/Fisher K-8 Center
1420 Washington Ave
Distance between this listing and this school0.62 miles
Public District Grades PK-5
6
/10
South Pointe Elementary School
1050 4th St
Distance between this listing and this school0.76 miles
Public District Grades PK-5
9
/10
Miami Children's Museum Charter School
980 MacArthur Cswy
Distance between this listing and this school2.14 miles
Public Charter Grades KG-5
Nearby Schools
6
/10
Nautilus Middle School
4301 N Michigan Ave
Distance between this listing and this school2.20 miles
Public District Grades 6-8
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school4.05 miles
Public Magnet Grades PK-8
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school4.16 miles
Public District Grades 6-8
Nearby Schools
5
/10
Miami Beach Senior High School
2231 Prairie Ave
Distance between this listing and this school1.26 miles
Public District Grades 9-12
10
/10
I Preparatory Academy
1500 Biscayne Blvd Ste 129
Distance between this listing and this school2.99 miles
Public Magnet Grades PK-12
9
/10
Miami-Dade Online Academy- Virtual Instruction Program
1501 NE 2nd Ave Ste 336
Distance between this listing and this school3.04 miles
The neighbors living near this home have an average income of $77,123. Typical income of Miami Beach, FL residents is between $35k-100k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1255 W Ave
What is the listing price of this property?
The listing price of 1255 W Ave property is $19,900,000.
What type of property is this?
The property 1255 W Ave is land located in Miami Beach, Florida, 33139.
Is this property for sale now?
Active Listing: 1255 W Ave is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $23,891 (source: MLS/based on county public records data).
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This home is located at 1255 W Ave in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 1,634 square foot home sits on a 0.33 acre lot. It has been listed on Rocket Homes since October 21, 2019 and is currently priced at $19,900,000.
While more than 6 listings in Miami Beach, FL in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 77 were sold below. Between September 2024 and October 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 15.1%. The median list price of listings available in October 2024 was $604,583, while the average time on the real estate market was 101 days.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
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