South Florida Real Estate

8118 Harding Ave

Miami Beach , FL 33141

MLS#: A10375004

$5,560,000

Status: Closed
Listing number: A10375004
Listing provided by: Avanti Way
Listing agent phone: None
Last update: 4 years ago
On site: 8 years ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1946

Sq.Footage

N/A

OWNER MOTIVATED! Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!22 totally reconstruction (can be 23 units) + Big Lobby for Breakfast + Patio for Events, all new units with European Modern Design , sale included Brand New Furniture, 9 (nine) parking spaces on site. Hotel has been completely updated Property is currently rented for 5 years to Hotelier Group with a triple net lease with cap on prop taxes annual income of $370,000 on first year with annual increases up to $392,000 NET CAP 6.5 to 7% BOUTIQUE BUILDING 22 UNITS 11 (1 BED AND 1 BATH) WITH KITCHEN & 11 HOTEL STUDIOS WITH FRIGOBAR COFFE MAKER AND MICROWAVE VERY BIG LOBBY FOR BREAKFAST AND EVENTS

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Block

  • Parking

    Paver Block

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Hotel/Motel

Price

  • Sales Price

    $5,560,000

  • Tax Amount

    $32,070

  • Zoning

    3900

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

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Location

County

Miami-Dade

Elementary School

Middle School

High School

Listing Courtesy of Carina Moffatt Lewis , Avanti Way

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Agent David Jean-Louis

AGENT

David Jean-Louis

Call David today to schedule a private showing.

(954) 699-6815

david.jeanlouis7@gmail.com


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OWNER MOTIVATED! Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!22 totally reconstruction (can be 23 units) + Big Lobby for Breakfast + Patio for Events, all new units with European Modern Design , sale included Brand New Furniture, 9 (nine) parking spaces on site. Hotel has been completely updated Property is currently rented for 5 years to Hotelier Group with a triple net lease with cap on prop taxes annual income of $370,000 on first year with annual increases up to $392,000 NET CAP 6.5 to 7% BOUTIQUE BUILDING 22 UNITS 11 (1 BED AND 1 BATH) WITH KITCHEN & 11 HOTEL STUDIOS WITH FRIGOBAR COFFE MAKER AND MICROWAVE VERY BIG LOBBY FOR BREAKFAST AND EVENTS

8118 Harding Ave

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