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#A11703462, Daniel Hertzberg, Listing Office: Coldwell Banker Realty
Property details
About 1255 W Ave
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.
Highlights
Home typeResidential
StatusActive
Size1,634 sqft
Lot size0.33 Acres
MLS #A10760403
ViewBay
Summary
- View: Bay
- List Price: $19,900,000
- Price/SqFt: $12,178
- Annual Tax Amount: $28,122
- Tax Year: 2023
- Living Area: 1,634 SqFt
- Lot Size: 0.33 Acres
- MLS Number: A10760403
- MLS Name: SEFMIAMI
- Office Name: The Muskat Group, Inc.
- Office Phone: (305) 253-0000
- Office Email: muskatm@aol.com
- Listing Agent: Phillip Muskat
© 2025 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2025, 10:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$19,900,000
1255 W Ave
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,716,700 | $28,122 |
| 2022 | $1,375,360 | $23,276 |
| 2021 | $1,375,360 | $25,687 |
| 2020 | $1,376,270 | $26,335 |
| 2018 | $1,261,184 | $23,694 |
| 2017 | $1,431,112 | $23,823 |
History based on county public records data.
Nearby schools
6
Fienberg/Fisher K-8 Center
Public District PK-5
0.6 mi
•1420 Washington Ave
8
South Pointe Elementary School
Public District PK-5
0.8 mi
•1050 4th St
8
Miami Children's Museum Charter School
Public Charter KG-5
2.1 mi
•980 MacArthur Cswy
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $77,123. Residents of Miami Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
17%
<35k
42%
35k-100k
34%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
76%
Single, No Kids
3%
Single, with Kids
18%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
42%
18-34 yrs old
42%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hiking/backpacking
Tennis- Men's Tennis
Where do the neighbors shop?
Bloomingdales
Crate & Barrel
Nordstrom Rack
Where do the neighbors go to eat?
Starbucks
The Cheesecake Factory
Boston Market
What do the neighbors drive?
Audi
BMW
Volvo
What do the neighbors listen to?
Alternative
News- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1255 W Ave
The listing price of 1255 W Ave property is $19,900,000.
The property 1255 W Ave is land located in Miami Beach, Florida, 33139.
Active Listing: 1255 W Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1255 W Ave are: Fienberg/Fisher K-8 Center (GreatSchools Rating 6/10), South Pointe Elementary School (GreatSchools Rating 8/10), Miami Children's Museum Charter School (GreatSchools Rating 8/10), Nautilus Middle School (GreatSchools Rating 4/10), Ada Merritt K-8 Center (GreatSchools Rating 10/10), Jose De Diego Middle School (GreatSchools Rating 2/10), Miami Beach Senior High School (GreatSchools Rating 4/10), I Preparatory Academy (GreatSchools Rating 10/10), Miami-Dade Online Academy- Virtual Instruction Program (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $28,122 (source: MLS/based on county public records data).
The property 1255 W Ave is 0.33 acres.
The property 1255 W Ave is 1,634 SqFt (source: MLS/tax record).
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. Features: 0 bathroom. It has been listed on Rocket Homes since October 21, 2019 and is currently priced at $19,900,000.
Over 2 listings were sold over their listed price in April 2025 in Miami Beach, FL. In the same period over 129 listings were sold below the listed price and 11 listings were sold for the listed price. Between March and April 2025, Miami Beach, FL real estate market has seen increase in the number of listings by 7.5%. While the average time on the market in April 2025 was 102 days, the median list price was $698,200.
From Rocket Homes Real Estate and based on county public records data.