$19,900,000
For Sale
1634 sqft | 0.33 acres | #A10760403
Browse 4 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Lot DescriptionCity Location, 1/4 To Less Than 1/2 Acre Lot, Other
      • Utility FeaturesOther Utilities Available, Other
      • CountyMiami-Dade County
      • Utility SourceMunicipal Water
      • SubdivisionFontainebleau
      • Property SubtypeResidential
      • Structure TypeResidential
      • MLS #A10760403
      • MLS #A10760403
      • ViewBay View
      • Property TypePurchase
      • Cost19900000
      • Acres0.33
      • Square Feet1634

Location

Mateo UsugaReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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